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1.Expected monetary value. Expected monetary value, as a tool for risk quantification, is the product of two numbers: • Risk event probability–an estimate of the probability that a given risk event will occur. • Risk event value–an estimate of the Read More …

UNIVERSITY EXAMINATIONS: 2015/2016 EXAMINATION FOR THE CERTIFICATE IN BRIDGING MATHEMATICS MAT104 STATISTICS & PROBABILITY DATE: AUGUST 2016 TIME: 1½HOURS INSTRUCTIONS: Answer Any THREE Questions. QUESTION ONE a) Define the terms i) Statistics (2 Marks) ii) Probability distribution (2 Marks) b) Read More …

Risk quantification is the process of evaluating the risks that have been identified and developing the data that will be needed for making decisions as to what should be done about them. Risk management is done from very early in Read More …

UNIVERSITY EXAMINATIONS: 2015/2016 EXAMINATION FOR THE CERTIFICATE IN BRIDGING MATHEMATICS MAT102 GEOMETRY DATE: AUGUST 2016 TIME: 1½HOURS INSTRUCTIONS: Answer Any THREE Questions. QUESTION ONE a) The angles of a quadrilateral are x, 5x, 4x and 2x. Find the value of Read More …

Technological/Design risks Technology risks threaten assets and processes vital to your business and may prevent compliance with regulations, impact profitability, and damage your company’s reputation in the marketplace. Construction/Completion risk Operating risk Operational risk summarizes the risks a company undertakes Read More …

UNIVERSITY EXAMINATIONS: 2015/2016 EXAMINATION FOR THE DIPLOMA IN BUSINESS/ INFORMATION TECHNOLOGY/NETWORK FORENSIC DNF405 FORENSIC PSYCHOLOGY DATE: AUGUST 2016 TIME: 1½HOURS INSTRUCTIONS: Answer Any THREE Questions. QUESTION ONE a) Distinguish between forensic psychiatry and Forensic psychology (4 Marks) b) Explain with Read More …