Problem
Welcome to your new company, Google! You have been tasked with developing a risk management course for beginners at your new company. You must provide your staff with some information to get them started. Answer the following questions for them, so that they can teach it to the employee base.
a) Describe the steps of the basic risk lifecycle
b) What are some of the benefits of Risk Management?
c) What is the difference between an outcome and a consequence? Give an example of each of these elements.
d) Define risk in terms of threat, vulnerability, and consequence. Give an example of each of these elements.