Certified in Risk and Information Systems Control (CRISC) — Question 580

The MOST effective approach to prioritize risk scenarios is by:

Answer options

• A. assessing impact to the strategic plan
• B. soliciting input from risk management experts
• C. aligning with industry best practices
• D. evaluating the cost of risk response

Correct answer: A

Explanation

The correct answer, A, highlights the importance of understanding how risks affect the overall strategic goals of an organization, which is crucial for prioritization. Options B and C focus on gathering insights and adhering to standards, which, while valuable, do not directly address the prioritization process. Option D considers financial aspects, but it does not take into account the broader impact on strategic objectives.