ExamGecko
Question list
Search
Search

Question 4 - IT Risk Fundamentals discussion

Report
Export

Which of the following is the MOST likely reason to perform a qualitative risk analysis?

A.

To gain a low-cost understanding of business unit dependencies and interactions

Answers
A.

To gain a low-cost understanding of business unit dependencies and interactions

B.

To aggregate risk in a meaningful way for a comprehensive view of enterprise risk

Answers
B.

To aggregate risk in a meaningful way for a comprehensive view of enterprise risk

C.

To map the value of benefits that can be directly compared to the cost of a risk response

Answers
C.

To map the value of benefits that can be directly compared to the cost of a risk response

Suggested answer: A

Explanation:

A qualitative risk analysis is most likely performed to gain a low-cost understanding of business unit dependencies and interactions. Here's the explanation:

To Gain a Low-Cost Understanding of Business Unit Dependencies and Interactions: Qualitative risk analysis focuses on assessing risks based on their characteristics and impacts through subjective measures such as interviews, surveys, and expert judgment. It is less resource-intensive compared to quantitative analysis and provides a broad understanding of dependencies and interactions within the business units.

To Aggregate Risk in a Meaningful Way for a Comprehensive View of Enterprise Risk: While qualitative analysis can contribute to this, the primary goal is not aggregation but rather understanding individual risks and their impacts.

To Map the Value of Benefits That Can Be Directly Compared to the Cost of a Risk Response: This is typically the goal of quantitative risk analysis, which involves numerical estimates of risks and their impacts to compare costs and benefits directly.

Therefore, the primary reason for performing a qualitative risk analysis is to gain a low-cost understanding of business unit dependencies and interactions.

asked 18/11/2024
EDUARDO LEE
38 questions
User
Your answer:
0 comments
Sorted by

Leave a comment first