What is the purpose of a risk control measure?

Prepare for the Risk Assessment Specialist Exam with flashcards and multiple choice questions. Each question includes hints and explanations. Ready yourself for success!

The purpose of a risk control measure is to reduce the likelihood or impact of a risk event. Risk control measures are established to proactively manage risks, ensuring that potential negative outcomes are minimized. This can involve a variety of strategies, such as implementing safeguards, altering processes, or investing in protective technologies. By focusing on reducing either the frequency with which risks occur or the severity of their impacts, organizations can better protect their assets, personnel, and overall operations.

The other choices focus on different aspects of risk management but do not specifically capture the function of risk control measures. Documenting past incidents is important for understanding historical risk events but does not actively mitigate future risks. Identifying new risks is a critical component of risk assessment but does not address how risks will be managed once identified. Educating employees about risks is essential for fostering a risk-aware culture within an organization, yet this action alone does not constitute a direct control measure aimed at reducing risk occurrences or impacts. Thus, the option highlighting the reduction of risk likelihood or impact directly aligns with the fundamental objectives of implementing risk control measures.

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