1. Concepts of the Risk-Based Approach
The process of responding identified risks includes: setting the tests objectives, identification of any specialized requirement, deciding when to address the risk, determining applicable measures to address the risks and determining the extent of reliance on the test results. ... With the improvement of technologies, this program has been used to identify people, regulate them and set standard operational bodies to ensure risk-based approaches remain relevant, (Nekrasov and Shroff). ...
- Word Count: 1603
- Approx Pages: 6
- Has Bibliography
- Grade Level: Graduate