CGEIT Question 62

Community Discussion

Written by other learners. Comments can disagree with the marked answer — check the official documentation when in doubt.

• Chose D2

  D. Escalation procedures Escalation procedures would best help ensure timely reporting on risk events and responses to appropriate levels of management. Escalation procedures outline the steps to be taken when a risk event occurs, including who needs to be notified and at what level of management. By defining clear escalation paths, the organization ensures that risk events are promptly communicated to the appropriate stakeholders, enabling timely response and mitigation efforts. This ensures that risk events are addressed efficiently and effectively, minimizing potential negative impacts on the organization.

• Chose A1

  Go back to basics.

• 3

  The option that would best help to ensure timely reporting on risk events and responses to appropriate levels of management is: D. Escalation procedures. Escalation procedures provide a structured process for reporting risk events and responses to the appropriate levels of management within an organization. These procedures outline the steps to be followed when a risk event occurs, including who should be notified, the timeline for reporting, and the necessary information to be included in the report. By having well-defined escalation procedures in place, the organization can ensure that risk events are promptly communicated to the relevant management levels, enabling timely decision-making and appropriate actions to mitigate or address the risks.