Question

1. which risk characteristic is reduced by the risk avoidance strategy?

probability
impact
both probability and impact
neither probability or impact
option 8

1. what is the effect on project risks of rolling out a solution on a smaller scale before a major launch?

risk probability is reduced
risk impact is increased
risk probability is increased
risk impact is reduced

Explanation:

For the first question, risk mitigation strategies aim to reduce both the probability of a risk occurring and its potential impact. For the second question, rolling out a solution on a smaller - scale before a major launch helps identify and address issues early, thus reducing the potential negative impact of risks during the major launch.

Answer:

1. C. Both probability and impact
2. D. Risk impact is reduced