Exam CRISC topic 1 question 548 discussion

C is correct

A. Resource expenditure against budget Measuring the progress of a risk response action plan requires assessing how well the plan is being executed against predetermined expectations. Monitoring resource expenditure against the budget provides a tangible metric that indicates whether the plan is progressing within its allocated resources and financial constraints. If the expenditure is consistently above budget, it might indicate that the plan's execution is not going as intended, and adjustments may be needed. Conversely, if the expenditure is well below budget, it might either suggest efficient progress or potential delays in executing certain aspects of the plan.

C. Percentage of mitigated risk scenarios. The most useful measure for tracking the progress of a risk response action plan would be "C. Percentage of mitigated risk scenarios." This measure directly reflects how many of the identified risk scenarios have been successfully addressed and mitigated through the implementation of the action plan. It provides a clear indication of the plan's effectiveness in reducing the organization's exposure to risks. While the other options (resource expenditure against budget, an up-to-date risk register, annual loss expectancy changes) can provide valuable insights into different aspects of risk management and financial impact, they don't provide as direct and actionable information about the progress of the specific risk response action plan as the percentage of mitigated risk scenarios does.

Voting for B: question is on a PLAN and not planS.

I correct for 'C', reason: The risk register is a static document that provides a snapshot of the organization's risks at a specific point in time. While the risk register can be updated over time to reflect changes in the risk landscape, it does not provide a direct measure of the effectiveness of the risk response action plan. On the other hand, the percentage of mitigated risk scenarios is a more dynamic measure that provides insight into the progress of the risk response action plan over time. By tracking the percentage of risk scenarios that have been mitigated, an organization can measure the effectiveness of its risk response strategies and identify areas where additional attention may be needed.

This is a somewhat confusing question, a risk register also includes the general status of the risk action plan for each risk scenario and its response (whether or not it is mitigated), however the percentage of risk scenarios mitigated only measures an absolute status.

C is correct. I think that it's' even in the QAE. It is definitely not B. How can a risk register be helpful when measuring progress?.

Why not D? It is similar to C, but I'd say we do this all for money, so D would be a better indicator?

support B

shoukd be b

why not b?