Communicating which of the following would be MOST helpful to gain senior management support for risk treatment options?
Communicating which of the following would be MOST helpful to gain senior management support for risk treatment options?
Quantitative loss provides a clear financial perspective on the potential losses that could result from risks. This type of information is highly valuable to senior management as it allows them to understand the financial impact, prioritize risks, and allocate resources effectively. Communicating in terms they are familiar with, such as financial metrics, helps in convincing senior management to support risk treatment options.
C - Quantitative Loss: Provides a clear financial perspective on potential losses due to risks. Enables decision-makers to prioritize and allocate resources effectively. Aligns with business objectives and speaks their language.