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CBAP · Question #183

Which of the following is the process of defining and analyzing the dangers to individuals, businesses, and government agencies posed by potential natural and human-caused adverse events?

The correct answer is A. Risk analysis. Risk analysis is the process of identifying, defining, and evaluating dangers and threats - both natural and human-caused - that could adversely affect individuals, businesses, or government agencies.

Strategy Analysis

Question

Which of the following is the process of defining and analyzing the dangers to individuals, businesses, and government agencies posed by potential natural and human-caused adverse events?

Options

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

How the community answered

(30 responses)
  • A
    83% (25)
  • B
    3% (1)
  • C
    3% (1)
  • D
    10% (3)

Why each option

Risk analysis is the process of identifying, defining, and evaluating dangers and threats - both natural and human-caused - that could adversely affect individuals, businesses, or government agencies.

ARisk analysisCorrect

Risk analysis encompasses both the defining and the analytical evaluation of potential adverse events and the dangers they pose to various entities, which aligns precisely with the statement provided. It goes beyond merely listing risks by also assessing the nature, likelihood, and consequences of those dangers, whether they originate from natural events (floods, earthquakes) or human-caused events (cyberattacks, accidents).

BRisk identification

Risk identification is only the step of finding and listing potential risks, not the broader process of defining and analyzing the dangers they represent.

CRisk management

Risk management is the overarching discipline that includes planning, identification, analysis, response, and monitoring of risks - broader than the analytical activity described.

DRisk communication

Risk communication focuses on conveying risk information to stakeholders, not on defining and analyzing the nature of the dangers themselves.

Concept tested: Risk analysis definition and scope

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

Topics

#risk analysis#risk management#risk identification#threat assessment

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