A risk manager documents the causes in the risk register and needs to ensure the risk is adequately described. What is critical for the risk manager to consider when describing the causes?
A risk manager documents the causes in the risk register and needs to ensure the risk is adequately described. What is critical for the risk manager to consider when describing the causes?
When describing the causes in a risk register, it is critical to ensure that the causes represent actual conditions. This ensures that the risk register is grounded in reality and based on factual information, which is essential for effective risk management. Adequately describing the risk involves identifying tangible and verifiable factors that contribute to the risk, rather than focusing on ownership, uncertainty, or validation alone.
Yandasatria, in Question 171 you selected B to the same Question. This is critical for the Risk Register to be grounded in reality and based on factual information. I just checked the Standard of Risk Management (page 129 now, X6.2): Cause > Fact or Condition Risk > Uncertainty Effect > Possible result
Cause should be degree for Uncertainty, see on Risk Standard
Yandasatria, in Question 171 you selected B to the same Question.