2. which risk characteristic is reduced by the risk avoidance strategy?\nprobability\nimpact\nboth…

2. which risk characteristic is reduced by the risk avoidance strategy?\nprobability\nimpact\nboth probability and impact\nneither probability or impact\noption 8\n3. what is the effect on project risks of rolling out a solution on a smaller scale before a major launch?\nrisk probability is reduced\nrisk impact is increased\nrisk probability is increased\nrisk impact is reduced

2. which risk characteristic is reduced by the risk avoidance strategy?\nprobability\nimpact\nboth probability and impact\nneither probability or impact\noption 8\n3. what is the effect on project risks of rolling out a solution on a smaller scale before a major launch?\nrisk probability is reduced\nrisk impact is increased\nrisk probability is increased\nrisk impact is reduced

Answer

Brief Explanations:

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