Certified in Risk and Information Systems Control (CRISC) — Question 541
Which of the following is the GREATEST benefit of implementing an enterprise risk management (ERM) program?
Answer options
- A. A common view of enterprise risk is established.
- B. Risk-aware decision making is enabled.
- C. Risk management is integrated into the organization.
- D. Risk management controls are implemented.
Correct answer: A
Explanation
The greatest benefit of implementing an ERM program is establishing a common view of enterprise risk, which helps unify the organization’s approach to risk. While enabling risk-aware decision making, integrating risk management, and implementing controls are important, they are secondary benefits that stem from having a shared understanding of risks.