CGEIT · Question #83
Which of the following BEST reflects mature risk management in an enterprise?
The correct answer is D. Responsive risk awareness culture. Mature risk management is best reflected by a responsive risk awareness culture, where risk considerations are deeply embedded into daily operations and decision-making across all levels of the enterprise. This proactive and integrated approach goes beyond mere documentation or i
Question
Which of the following BEST reflects mature risk management in an enterprise?
Options
- AA regularly updated risk register
- BOngoing risk assessment
- COngoing investment in risk mitigation
- DResponsive risk awareness culture
How the community answered
(35 responses)- A26% (9)
- B6% (2)
- C17% (6)
- D51% (18)
Why each option
Mature risk management is best reflected by a responsive risk awareness culture, where risk considerations are deeply embedded into daily operations and decision-making across all levels of the enterprise. This proactive and integrated approach goes beyond mere documentation or isolated activities.
A regularly updated risk register is a fundamental tool for risk management, but it represents documentation rather than the pervasive cultural integration of risk awareness.
Ongoing risk assessment is a key process within risk management, indicating continuous effort, but a mature culture extends beyond just assessment to actively embedding risk considerations in daily actions.
Ongoing investment in risk mitigation is important for addressing identified risks, but a truly mature state involves a culture where risk is considered before mitigation is even necessary, preventing issues where possible.
A responsive risk awareness culture signifies that risk management is not just a process or a checklist item, but an inherent part of the enterprise's operational fabric and decision-making at all levels. This cultural embedding ensures that risks are continuously identified, understood, and addressed proactively by everyone, rather than only by a dedicated risk team.
Concept tested: Characteristics of mature risk management
Source: https://www.isaca.org/resources/isaca-journal/issues/2019/volume-5/embedding-risk-culture-in-the-digital-enterprise
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