Exam 212-82 Topic 5 Question 165 Discussion

Risk treatment is the risk management phase that Cassius was instructed to perform in the above scenario.
Risk management is a process that involves identifying, analyzing, evaluating, treating, monitoring, and reviewing risks that can affect an organization's objectives, assets, or operations. Risk management phases can be summarized as follows: risk identification, risk analysis, risk prioritization, risk treatment, and risk monitoring . Risk identification is the risk management phase that involves identifying and documenting potential sources, causes, events, and impacts of risks. Risk analysis is the risk management phase that involves assessing and quantifying the likelihood and consequences of risks. Risk prioritization is the risk management phase that involves ranking risks based on their severity level and determining which risks need immediate attention or action. Risk treatment is the risk management phase that involves selecting and implementing appropriate controls or strategies to address risks based on their severity level . Risk treatment can include avoiding, transferring, reducing, or accepting risks. Risk monitoring is the risk management phase that involves tracking and reviewing the performance and effectiveness of risk controls or strategies over time.