Certified Business Analysis Professional (CBAP) — Question 219

A business analyst (BA) on a project is in the process of validating requirements and finds that there is a high degree of uncertainty related to one of the assumptions being true. The BA adds the assumption to the risk register and performs a full risk analysis to handle this situation. What type of strategy is in place if the organization is risk-averse?

Answer options

Correct answer: C

Explanation

The correct answer is C, Mitigation, as it involves taking steps to reduce the impact or likelihood of the risk. Acceptance would mean acknowledging the risk without action, Avoidance would suggest eliminating the risk entirely, and Transfer would involve shifting the risk to another party, none of which align with a risk-averse strategy.