Certified in Risk and Information Systems Control (CRISC) — Question 1051

Courtney is the project manager for her organization. She is working with the project team to complete the qualitative risk analysis for her project. During the analysis Courtney encourages the project team to begin the grouping of identified risks by common causes. What is the primary advantage to group risks by common causes during qualitative risk analysis?

Answer options

• A. It helps the project team realize the areas of the project most laden with risks.
• B. It assist in developing effective risk responses.
• C. It saves time by collecting the related resources, such as project team members, to analyze the risk events.
• D. It can lead to the creation of risk categories unique to each project.

Correct answer: B

Explanation

Grouping risks by common causes allows the project team to develop effective risk responses more efficiently, as it highlights interconnected risks that can be addressed together. The other options, while they may offer some benefits, do not directly contribute to the formulation of risk responses as effectively as grouping by common causes does.