While developing obscure risk scenarios, what are the requirements of the enterprise?
Each correct answer represents a part of the solution. Choose two.
A.
Have capability to cure the risk events
B.
Have capability to recognize an observed event as something wrong
C.
Have sufficient number of analyst
D.
Be in a position that it can observe anything going wrong
Explanation:
The enterprise must consider risk that has not yet occurred and should develop scenarios around
unlikely, obscure or non-historical events.
Such scenarios can be developed by considering two things:
Visibility
Recognition
For the fulfillment of this task enterprise must:
Be in a position that it can observe anything going wrong
Have the capability to recognize an observed event as something wrong
scenarios, like curing risk events comes under process of risk management. Hence capability of
curing risk event does not lay any impact on the process of development of risk scenarios.