Isaca Exam CRISC Topic 3 Question 92 Discussion

Actual exam question for Isaca's CRISC exam

Question #: 92
Topic #: 3

During the creation of an organization's IT risk management program, the BEST time to identify key risk indicators (KRIs) is while:

AInterviewing data owners

BReviewing risk response plans with internal audit

CDeveloping a risk monitoring process

DReviewing an external risk assessment

Show Suggested Answer

Suggested Answer: C

KRIs should be identified during the development of a risk monitoring process to ensure alignment with organizational objectives and effective risk tracking. This reflects Proactive Risk Monitoring.

by Reyes at Jan 15, 2025, 07:33 AM

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Jannette

5 months ago

B) Internal audit? More like internal comedy. But hey, maybe they'll find some hidden gems in those risk response plans.

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Erick

5 months ago

I think reviewing an external risk assessment could also be a good time to identify key risk indicators, as it provides valuable insights into potential risks that the organization may face.

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Bernadine

5 months ago

I agree with Sabra. It makes sense to identify KRIs during the development of a risk monitoring process to ensure they are aligned with the organization's goals.

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Sabra

5 months ago

I think the best time to identify key risk indicators is while developing a risk monitoring process.

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Micah

5 months ago

Hmm, I'd have to say D) Gotta love those external risk assessments. They're like crystal balls for KRIs!

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Diane

4 months ago

Interviewing data owners can also provide valuable insights into key risk indicators.

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Eve

4 months ago

I think developing a risk monitoring process is also important for identifying KRIs.

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Bettina

4 months ago

I agree, external risk assessments are so helpful in identifying key risk indicators.

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Larue

5 months ago

A) Data owners are the real MVPs! They know where the skeletons are buried, so that's the way to go.

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Rasheeda

4 months ago

D) And finally, we can review an external risk assessment to get a comprehensive view of the risks we may face.

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Diane

4 months ago

C) Reviewing risk response plans with internal audit will also help us ensure we are prepared for any potential risks.

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Mabel

4 months ago

B) Once we have that information, we can develop a risk monitoring process to keep track of key risk indicators.

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Olive

5 months ago

A) Let's start by interviewing data owners to get a better understanding of the risks.

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Phuong

5 months ago

C) Definitely the way to go! Developing a risk monitoring process is key to identifying those juicy KRIs.

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Dean

5 months ago

C) developing a risk monitoring process.

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Florinda

5 months ago

B) reviewing risk response plans with internal audit.

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Daron

5 months ago

A) interviewing data owners.

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