The question is incorrect. It should state, Pick 3.
The selection of an appropriate set of KRIs benefits the organization by:
• Providing an early warning (forward-looking) signal that a high risk is emerging to enable management to take proactive action (before the risk actually becomes a loss)
• Providing a backward-looking view on risk events that have occurred, enabling risk responses and management to be improved.
• Enabling the documentation and analysis of trends
• Providing an indication of the enterprise’s risk appetite and tolerance through metric setting (i.e., KRI thresholds)
• Increasing the likelihood of achieving the enterprise’s strategic objectives
• Assisting in continually optimizing the risk governance and management environment
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
thedood
Highly Voted 2 years, 11 months agomraiyan
Most Recent 1 month agoSuchib
6 months, 2 weeks agoGRamos
7 months agoCeecil1959
1 year, 4 months agoCeecil1959
1 year, 4 months agoAllaAlla
1 year, 4 months agoRaj1510
1 year, 5 months agoaselunar
2 years, 1 month agoJosh93
2 years, 2 months agoTomm8125
2 years, 3 months agoBKA
2 years, 7 months agoladypr25
2 years, 10 months agoRooks
2 years, 10 months agoFluffyMalware
2 years, 2 months agoCalvinc
2 years, 10 months agoParth9
2 years, 10 months ago