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Exam CRISC topic 1 question 951 discussion

Actual exam question from Isaca's CRISC
Question #: 951
Topic #: 1
[All CRISC Questions]

A large organization needs to report risk at all levels for a new centralized virtualization project to reduce cost and improve performance. Which of the following would MOST effectively represent the overall risk of the project to senior management?

  • A. Risk heat map
  • B. Centralized risk register
  • C. Key risk indicators (KRIs)
  • D. Aggregated key performance indicators (KPIs)
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Suggested Answer: A 🗳️

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Staanlee
8 months, 4 weeks ago
Selected Answer: A
A. Risk heat map. A risk heat map visually represents risks in a way that helps senior management quickly understand the magnitude and significance of risks associated with the project. It typically uses color coding to indicate the level of risk, with red typically representing high-risk areas and green representing low-risk areas. This visual representation allows senior management to identify critical areas of concern and allocate resources and attention accordingly.
upvoted 1 times
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mynk29
1 year ago
Selected Answer: A
Risk map—A (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude Management deals with pictures.
upvoted 1 times
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CbtL
1 year, 1 month ago
Selected Answer: B
Going with Centralized Risk Register. The 7th edition review manual's section on risk maps does not imply they would be good for covering risk at all levels. The question focusing on a large organization and a need to understand all levels leaves B the most likely answer.
upvoted 2 times
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Koulyo
1 year, 2 months ago
A. Risk heat map would MOST effectively represent the overall risk of the centralized virtualization project to senior management. A risk heat map provides a visual representation of risks based on their likelihood and impact, allowing senior management to quickly and easily understand the overall risk profile of the project. This approach can help senior management identify the areas of the project that require the most attention and focus their efforts on managing the most significant risks. While a centralized risk register (Option B) can provide a comprehensive view of the project's risks, it may not be as effective as a risk heat map in conveying the overall risk profile of the project to senior management.
upvoted 1 times
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Koulyo
1 year, 2 months ago
I am going with A too.
upvoted 1 times
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jseeker
1 year, 2 months ago
How is this not Centralized risk register?
upvoted 2 times
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john_boogieman
1 year, 3 months ago
Selected Answer: A
Correct.
upvoted 1 times
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Suchib
1 year, 5 months ago
is it not Risk Register?
upvoted 3 times
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C (25%)
B (20%)
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