Which of the following BEST enables effective enterprise risk management (ERM)?

The correct answer is B. Risk ownership. Risk ownership means assigning clear responsibility and accountability for managing specific risks to individuals or teams within the organization. This ensures risks are actively monitored, controlled, and mitigated at appropriate levels, which is crucial for effective ERM imple

Submitted by sofia.br· Apr 18, 2026Risk Optimization

Question

Options

ARisk register
BRisk ownership
CRisk tolerance
DRisk training

How the community answered

(25 responses)

A
4% (1)
B
92% (23)
D
4% (1)

Explanation

Risk ownership means assigning clear responsibility and accountability for managing specific risks to individuals or teams within the organization. This ensures risks are actively monitored, controlled, and mitigated at appropriate levels, which is crucial for effective ERM implementation. Without risk ownership, risks may be overlooked or unmanaged, undermining the entire ERM

Topics

#Enterprise Risk Management (ERM)#Risk Ownership#Risk Accountability#Risk Management Effectiveness

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