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Question 2 - IT Risk Fundamentals discussion

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To be effective, risk reporting and communication should provide:

A.

risk reports to each business unit and groups of employees.

Answers
A.

risk reports to each business unit and groups of employees.

B.

the same risk information for each decision-making stakeholder.

Answers
B.

the same risk information for each decision-making stakeholder.

C.

stakeholders with concise information focused on key points.

Answers
C.

stakeholders with concise information focused on key points.

Suggested answer: C

Explanation:

Effective Risk Reporting:

Effective risk reporting should provide relevant, concise, and focused information that addresses the key points necessary for decision-making.

Relevance and Conciseness:

Providing risk reports to each business unit and groups of employees (A) can lead to information overload and may not be practical or effective.

The same risk information for each decision-making stakeholder (B) may not be appropriate as different stakeholders have varying levels of responsibility and information needs.

Focused Communication:

Providing concise information focused on key points ensures that stakeholders receive relevant data without unnecessary details, facilitating better decision-making.

This approach is supported by best practices in risk management reporting, which emphasize the importance of clarity, relevance, and focus.

Conclusion:

Therefore, risk reporting and communication should provide stakeholders with concise information focused on key points.

asked 18/11/2024
Matthew Wagner
30 questions
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