Certified in the Governance of Enterprise IT (CGEIT) — Question 349

Establishing a uniform definition for likelihood and impact BEST enables an enterprise to:

Answer options

• A. reduce risk appetite and tolerance levels.
• B. develop key risk indicators (KRIs).
• C. reduce variance in the assessment of risk.
• D. prioritize threat assessment.

Correct answer: C

Explanation

The correct answer is C because having a uniform definition for likelihood and impact helps to standardize how risks are assessed, leading to consistent evaluations. Options A and B are not directly related to the definition's impact on assessment consistency, while D, although relevant to risk management, does not address the variance in risk evaluation specifically.