Posted: March 17th, 2017

Enterprise risk management differs from “traditional” systems engineering risk management in the expanse of the consequence space within which risks affect enterprise goals, mission outcomes, or capabilities

Part I. True or False: Place a T or an F, whichever you consider correct, in the box before each numbered statement 1. “Security by obscurity” refers to relying on the attacker’s ignorance of the design of a system. 2. Theory of asymmetric information can be used to explain how bad products tend to drive out the good products in a market. 3. Enterprise risk management differs from “traditional” systems engineering risk management in the expanse of the consequence space within which risks affect enterprise goals, mission outcomes, or capabilities. 4. Emergence can be described as the appearance of new and unforeseen system properties which cannot be know before the system operates.