CRISC · Question #433
Which of the following is the PRIMARY purpose of a risk register?
The correct answer is B. To provide a centralized view of risk. The primary purpose of a risk register is to offer a centralized and organized repository for all identified risks, their characteristics, and management activities.
Question
Which of the following is the PRIMARY purpose of a risk register?
Options
- ATo assign control ownership of risk
- BTo provide a centralized view of risk
- CTo identify opportunities to transfer risk
- DTo mitigate organizational risk
How the community answered
(55 responses)- A2% (1)
- B93% (51)
- C2% (1)
- D4% (2)
Why each option
The primary purpose of a risk register is to offer a centralized and organized repository for all identified risks, their characteristics, and management activities.
While a risk register may *document* control ownership, its primary purpose is not to *assign* it, but rather to record the assignments alongside other risk details.
A risk register serves as a central document or database that systematically records, tracks, and monitors all identified risks within an organization. This centralized view provides a comprehensive and current overview of the organization's risk landscape, which is essential for informed decision-making, reporting, and demonstrating due diligence in risk management.
Identifying opportunities to transfer risk is a component of risk treatment, which would be documented in a risk register, but it's not the register's overarching primary purpose.
A risk register helps *manage* risk by providing information, but it does not directly *mitigate* risk; mitigation is an action performed based on the information contained within the register.
Concept tested: Purpose of a risk register
Source: https://csrc.nist.gov/publications/detail/sp/800-37/rev-2/final
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