CRISC · Question #85
Which of the following is the MOST important concern when assigning multiple risk owners for an identified risk?
The correct answer is A. Accountability may not be clearly defined. The most significant concern when assigning multiple risk owners for an identified risk is the potential for unclear accountability.
Question
Which of the following is the MOST important concern when assigning multiple risk owners for an identified risk?
Options
- AAccountability may not be clearly defined.
- BRisk ratings may be inconsistently applied.
- CDifferent risk taxonomies may be used.
- DMitigation efforts may be duplicated.
How the community answered
(46 responses)- A72% (33)
- B9% (4)
- C4% (2)
- D15% (7)
Why each option
The most significant concern when assigning multiple risk owners for an identified risk is the potential for unclear accountability.
When multiple individuals are designated as risk owners without a clear delineation of specific responsibilities, roles, and boundaries, it can lead to diffused accountability. This ambiguity can result in inaction, assumptions that others are responsible, or a lack of definitive ownership for managing and mitigating the risk, ultimately hindering effective risk management and response.
Inconsistent risk ratings are more related to the risk assessment methodology than the assignment of multiple owners to a single risk.
Using different risk taxonomies is a broader issue for an organization's overall risk management framework, not a specific concern arising from multiple owners for one risk.
While mitigation efforts might be duplicated, the core issue of a lack of clear accountability is more fundamental and impactful than mere duplication.
Concept tested: Risk ownership, accountability
Topics
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