CRISC Question 321

Community Discussion

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

• Chose A1

  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.

• Chose C2

  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.

• Chose B1

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