Due to a change in business processes, an identified risk scenario no longer requires mitigation. Which of the following is the MOST important reason the risk should remain in the risk register?
A.
To track historical risk assessment results
B.
To prevent the risk scenario in the current environment
C.
To monitor for potential changes to the risk scenario
In the case where a previously identified risk scenario no longer requires mitigation due to changes in business processes, the most important reason to keep the risk on the risk register is:
C. To monitor for potential changes to the risk scenario.
Even though the risk might not be relevant under the current business processes, it's essential to keep it on the risk register for future monitoring. Business environments and processes are dynamic, and what is not a risk today could become a risk tomorrow. By keeping the risk in the register, the organization ensures that it is continually monitored for any changes in the business environment or processes that might make it relevant again.
I concur:
Option A, "To track historical risk assessment results," is the most important reason the risk should remain in the risk register even though it no longer requires mitigation.
Keeping track of historical risk assessment results is important because it helps to identify patterns and trends in risk management over time. This information can be used to improve risk assessment and management processes, and to identify areas that may require additional attention in the future.
A. To track historical risk assessment results
The most important reason to keep the risk in the risk register, even if it no longer requires mitigation, is to track historical risk assessment results. Maintaining a record of previously identified risks helps the organization understand its risk landscape over time and provides valuable context for future risk assessments. This historical data can also be useful for trend analysis, lessons learned, and continuous improvement of the risk management process.
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