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What are some common forms to depict the results of risk assessments?

Heat maps and simple risk rankings

Heat maps and simple risk rankings are commonly used tools in risk assessment because they provide a clear and visual representation of the level of risk associated with different factors or scenarios. Heat maps use a color-coded system to help easily identify areas of high, medium, and low risk, allowing stakeholders to quickly understand where the greatest vulnerabilities lie. This visual representation aids in prioritizing risks and determining where to allocate resources for mitigation efforts.

Simple risk rankings offer a straightforward way to compare risks against one another, making it easier to decide which risks require immediate attention. These tools promote effective communication among team members and decision-makers, ensuring that everyone has a shared understanding of the organization's risk landscape.

The other options may use valuable data for various analyses, but they do not serve the specific purpose of depicting the results of risk assessments as effectively as heat maps and simple risk rankings do.

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Cost-benefit analysis and performance reports

Pie charts and bar graphs

Radar maps and financial forecasts

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