Certified in Risk and Information Systems Control (CRISC) — Question 1184
Which of the following is the BEST way to ensure key risk indicators (KRIs) continue to help management make informed decisions?
Answer options
- A. Develop repeatable and easily measurable KRIs.
- B. Implement a real-time dashboard for monitoring KRIs.
- C. Align KRIs to risk events identified in the risk register.
- D. Define a mix of leading and lagging KRIs.
Correct answer: D
Explanation
Option D is correct because having both leading and lagging KRIs provides a comprehensive view of risk management, allowing management to anticipate future risks and assess past performance. Options A, B, and C are beneficial practices, but they do not ensure the full spectrum of insights that a mix of KRIs provides, which is crucial for informed decision-making.