An operations manager has requested risk acceptance after the execution of a mitigation plan has failed. Which of the following is the risk practitioner's BEST response?
A.
Ask the risk owner to review the request.
B.
Document the risk acceptance in the risk register.
C.
Reassess the risk scenario associated with the action plan.
D.
Adjust the organization's risk profile by the amount of risk accepted.
In the situation where an operations manager has requested risk acceptance after the execution of a mitigation plan has failed, the risk practitioner's best response is:
C. Reassess the risk scenario associated with the action plan.
Reassessing the risk scenario is crucial after a mitigation plan fails. This reassessment involves evaluating the current risk in light of the unsuccessful mitigation attempt, understanding why the mitigation failed, and determining the potential impact and likelihood of the risk in its current state. This process provides updated information that is essential for making an informed decision about whether to accept the risk and, if so, how to manage it moving forward.
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4 weeks agoAbbey2
9 months, 4 weeks ago