Public Service Entrance Exam (PSEE) · Question
Which of the following scenarios best demonstrates effective risk management?
Effective risk management involves proactive identification, assessment, and mitigation planning to minimize negative impacts.
Start free practice for Public Service Entrance Exam (PSEE)
200 questions · no signup required · 40 free questions per day
Question: Which of the following scenarios best demonstrates effective risk management?
Answer options:
- Ignoring potential risks until they become actual problems. ✅ Identifying potential risks and developing contingency plans in advance.
- Addressing risks only after they have caused significant damage.
- Assuming all projects are inherently risk-free.
Correct answer: Identifying potential risks and developing contingency plans in advance.
Explanation: Effective risk management involves proactive identification, assessment, and mitigation planning to minimize negative impacts.
Start free practice for Public Service Entrance Exam (PSEE)
200 questions · no signup required · 40 free questions per day
More about Public Service Entrance Exam (PSEE)
Related Questions
- If 30% of 240 applicants pass screening, and 25% of those pass the interview, how many receive offers?
- If 'clarity' is opposite to 'obscurity', then 'expedite' is opposite to:
- What is the primary benefit of cross-functional team collaboration in the public service?
- A public consultation process is underway for a new regulatory framework. To ensure fairness and inclusivity,
- Which characteristic is generally LEAST desirable for analytical problem-solving?
- If all A are B, and no B are C, then which must be true?
More for Public Service Entrance Exam (PSEE) candidates
Question explanations
- If 30% of 240 applicants pass screening, and 25% of those pass the interview, how many receive offers?
- If 'clarity' is opposite to 'obscurity', then 'expedite' is opposite to:
- What is the primary benefit of cross-functional team collaboration in the public service?
- A public consultation process is underway for a new regulatory framework. To ensure fairness and inclusivity,
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Public Service Entrance Exam (PSEE) Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.