CRISC · Question #8
Which of the following contributes MOST to the effective implementation of risk responses?
The correct answer is A. Clear understanding of the risk. A clear understanding of the risk contributes most to effective risk response implementation, as it ensures that the chosen strategies are precisely tailored to address the specific threat.
Question
Which of the following contributes MOST to the effective implementation of risk responses?
Options
- AClear understanding of the risk
- BComparable industry risk trends
- CAppropriate resources
- DDetailed standards and procedures
How the community answered
(58 responses)- A93% (54)
- B3% (2)
- C2% (1)
- D2% (1)
Why each option
A clear understanding of the risk contributes most to effective risk response implementation, as it ensures that the chosen strategies are precisely tailored to address the specific threat.
A clear and comprehensive understanding of the risk, including its causes, potential impacts, and likelihood, is paramount because it directly informs the selection and design of effective and appropriate risk responses. Without this clarity, responses may be misdirected, insufficient, or counterproductive.
Comparable industry risk trends offer contextual insights but do not directly guide the *implementation* of specific risk responses for an organization's unique risk profile.
Appropriate resources are necessary for implementation, but their allocation and effectiveness hinge on a preceding clear understanding of the risk that requires them.
Detailed standards and procedures facilitate consistent execution, but their development and utility are dependent on an initial clear and accurate understanding of the risk they are intended to address.
Concept tested: Risk response prerequisites
Topics
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