P185 of 7th edition ISACA CRISC manual - "KPIs help to identify underperforming aspects of organizations and areas of business that may require additional resources and attention"
Hence my choice for B
The primary reason to periodically review key performance indicators (KPIs) is to A. Identify trends.
KPIs are metrics that track and measure the performance of a business process or activity. By periodically reviewing KPIs, organizations can identify trends in performance and take corrective action if necessary.
A. Identify trends.
The primary reason to periodically review key performance indicators (KPIs) is to identify trends. Regularly reviewing KPIs allows an organization to track its performance over time, spot patterns, and identify trends that could indicate improvements, areas of concern, or changes in the effectiveness of controls and processes.
While the other options (optimizing resources needed for controls, ensuring compliance, promoting a risk-aware culture) are valid goals of performance measurement and management, they are not the primary reason for periodically reviewing KPIs. Identifying trends helps organizations make informed decisions and adjustments based on evolving performance data.
All options are correct and good reasons for a periodic review of KPI's. However, the most important to the organization is know if it achieves its goals and objectives. By identifying trends, the organization could know its strengths and weaknesses and could take the proper decisions accordingly.
Voting for A.
KPIs can help identify areas of non-compliance or increased risk, but addressing those issues and promoting a risk-aware culture requires more than just measuring performance - it also requires appropriate actions and communication to address those issues.
A is the correct answer because the primary reason for periodically reviewing key performance indicators (KPIs) is to identify trends in business performance. This allows organizations to monitor progress towards their goals, identify areas of improvement, and make data-driven decisions to enhance performance.
again 'B', reason:
(KPIs) can also be used to report compliance to management in a clear and understandable way, as stated in the CRISC manual.
KPIs provide a quantitative measure of performance against established objectives, which can help demonstrate compliance with regulatory requirements, industry standards, and internal policies and procedures. By periodically reviewing KPIs related to compliance, the organization can assess its overall compliance posture, identify areas for improvement, and communicate the effectiveness of its compliance program to management and other stakeholders.
You have to study more or justify your opinion with the CRISC manual.
The purpose of a KRI is to measure the performance of a process in terms of its target state.
7th CRISC manual, section 'KRI effectiveness', one of the criteria is 'repeatable': it can be measured on a regular basis to show trends and patterns of activity and results.
Also: allows documentation and trend analysis.
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