During a risk identification session, the risk manager notices that subject matter experts (SMEs) are reluctant to participate because some risks could expose the poor maturity of processes in other b

The correct answer is B. Delphi technique. One of the tools and techniques for risk identification is the Delphi technique. This is a method of obtaining expert opinions anonymously and iteratively until a consensus is reached. The Delphi technique can help overcome the problem of SMEs being reluctant to participate in ri

Risk Process Facilitation

Question

During a risk identification session, the risk manager notices that subject matter experts (SMEs) are reluctant to participate because some risks could expose the poor maturity of processes in other business units. Which risk analysis technique should the risk manager use?

Options

AStrengths, weakness, opportunities, and threats (SWOT) analysis
BDelphi technique
CDecision tree analysis
DProbability impact matrix

How the community answered

(25 responses)

A
12% (3)
B
80% (20)
C
4% (1)
D
4% (1)

Explanation

One of the tools and techniques for risk identification is the Delphi technique. This is a method of obtaining expert opinions anonymously and iteratively until a consensus is reached. The Delphi technique can help overcome the problem of SMEs being reluctant to participate in risk identification because it allows them to express their views without fear of criticism or confrontation from other participants. The Delphi technique can also reduce the influence of dominant or biased individuals and encourage honest and independent feedback.

Topics

#Risk Identification#Delphi technique#Risk Process Facilitation#Stakeholder Engagement

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