Stakeholder involvement in risk scenario development is crucial because stakeholders are typically those with the best understanding of their business areas, processes, and challenges. Their involvement can provide insight into emerging business threats that might not be evident to others in the organization. Stakeholders can provide a more detailed, comprehensive, and current view of the potential risks that can impact their specific areas, leading to more accurate and actionable risk assessments.
While the other options are benefits as well, the primary benefit is the awareness and understanding of emerging threats that can impact the business directly
C. Ability to determine business impact
Stakeholders, particularly those from various business units or departments, have a deep understanding of their operations. Their involvement ensures a comprehensive view of the potential impact of different risk scenarios on business operations. While all the given options are benefits of stakeholder involvement, determining the business impact is often seen as the primary reason to engage them in risk scenario development.
As indicated in the CRISC (Risk scenario development tools and techniques) section of the manual, the construction of a risk scenario is based on multiple inputs and these may or may not come from the business, but the main contribution of the interested parties is one in which they are able to accurately determine the impact to the business. I have also found this same answer in other dumps.
A is the correct answer. Risk scenario development need threats, and that in this case can come from stakeholder knowledge of emerging business threats.
Who the hell considers impact or even chose that answer?.
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