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CBAP · Question #158

Which of the following techniques involves coordinating and collaborating with other credible sources in risk?

The correct answer is C. Risk communication. Risk communication is the process of coordinating and collaborating with credible internal and external sources to exchange accurate and timely risk information.

Business Analysis Planning and Monitoring

Question

Which of the following techniques involves coordinating and collaborating with other credible sources in risk?

Options

  • ARisk identification
  • BRisk management
  • CRisk communication
  • DRisk analysis

How the community answered

(54 responses)
  • A
    6% (3)
  • B
    13% (7)
  • C
    78% (42)
  • D
    4% (2)

Why each option

Risk communication is the process of coordinating and collaborating with credible internal and external sources to exchange accurate and timely risk information.

ARisk identification

Risk identification is the process of determining which risks may affect the project, focused on discovery rather than coordinating and sharing information with external sources.

BRisk management

Risk management is the overarching discipline encompassing planning, identification, analysis, response, and control of risks - it is too broad to describe the specific coordination activity.

CRisk communicationCorrect

Risk communication specifically involves the coordinated exchange of risk information with credible sources such as subject matter experts, external agencies, and stakeholders. It ensures that risk data is shared across the organization and with relevant parties to support informed decision-making. Collaboration with credible sources is a defining characteristic that distinguishes it from other risk processes.

DRisk analysis

Risk analysis involves assessing the probability and impact of identified risks to prioritize them, not coordinating with other credible sources.

Concept tested: Risk communication coordination with credible sources

Source: https://csrc.nist.gov/publications/detail/sp/800-30/rev-1/final

Topics

#risk communication#stakeholder collaboration#risk management#credible sources

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