CGEIT · Question #367
Which of the following would provide the MOST useful information to understand the associated risks when implementing a new digital transformation strategy?
The correct answer is C. Risk heat map. A risk heat map provides the most useful visual summary of aggregated risks, their likelihood, and impact, making it ideal for understanding associated risks in a new digital transformation strategy.
Question
Which of the following would provide the MOST useful information to understand the associated risks when implementing a new digital transformation strategy?
Options
- ARisk policy
- BRisk framework
- CRisk heat map
- DRisk register
How the community answered
(33 responses)- A9% (3)
- B3% (1)
- C85% (28)
- D3% (1)
Why each option
A risk heat map provides the most useful visual summary of aggregated risks, their likelihood, and impact, making it ideal for understanding associated risks in a new digital transformation strategy.
A risk policy defines the organization's approach to risk management but does not provide specific information about the risks themselves for a new strategy.
A risk framework provides the structure and processes for managing risk but does not contain the actual risk information specific to a digital transformation.
A risk heat map visually plots risks based on their likelihood and impact, offering an immediate, high-level overview of the most critical risks that need attention. This visual representation allows stakeholders to quickly grasp the overall risk posture and prioritize areas of concern related to a new strategy without delving into individual detailed entries.
A risk register contains detailed information about individual risks, but for an initial understanding of overall associated risks, a summarized visual representation like a heat map is more efficient.
Concept tested: Risk visualization and communication
Source: https://learn.microsoft.com/en-us/power-platform/guidance/coe/nurture-assets
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