CRISC · Question #68
Which of the following is MOST helpful in providing an overview of an organization's risk management program?
The correct answer is C. Risk management framework. A risk management framework is most helpful in providing a comprehensive overview of an organization's entire risk management program, outlining its structure, processes, and policies.
Question
Which of the following is MOST helpful in providing an overview of an organization's risk management program?
Options
- ARisk management treatment plan
- BRisk assessment results
- CRisk management framework
- DRisk register
How the community answered
(37 responses)- A3% (1)
- B5% (2)
- C89% (33)
- D3% (1)
Why each option
A risk management framework is most helpful in providing a comprehensive overview of an organization's entire risk management program, outlining its structure, processes, and policies.
A risk management treatment plan details specific actions for specific risks, but it doesn't provide a comprehensive overview of the entire program's structure or methodology.
Risk assessment results show specific findings at a point in time, which are inputs to the program, but they don't describe the program itself.
A risk management framework defines the structure, components, processes, and guiding principles for how an organization identifies, assesses, responds to, and monitors risk. It provides the overarching blueprint and context for the entire program, offering a high-level overview of its design and operationalization.
A risk register is a record of identified risks, their status, and responses; it's a tool within the program, not an overview of the program's entire structure or methodology.
Concept tested: Risk management program overview
Topics
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