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Exin CDFOM Exam - Topic 6 Question 2 Discussion

Actual exam question for Exin's CDFOM exam
Question #: 2
Topic #: 6
[All CDFOM Questions]

What is the outcome of a risk evaluation process?

Show Suggested Answer Hide Answer
Suggested Answer: A

In the EPI framework for risk management, after the risk identification and risk analysis steps, the risk evaluation step determines whether the assessed risks are acceptable or require treatment based on the organization's risk appetite, criteria, and the potential impact. The evaluation leads to a decision on whether risk treatment needs to take place.

It is not simply compiling all risks (so option C is incorrect).

It is not exclusively about budgeting (so option D is incorrect) though budgeting follows treatment decisions.

It is not necessarily advising to accept all risks (so option B is incorrect) but rather it supports decision-making on treatment.

Therefore, option A is correct: the outcome is the decision whether to treat the risk.

EPI DCFOM-Aligned Reference Concepts (Paraphrased, Not Verbatim)

Risk evaluation assesses identified and analysed risks against risk criteria to decide on acceptability or need for treatment.

The outcome is a documented decision-making step in the risk management process.


Contribute your Thoughts:

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Carey
7 days ago
Option C is just a list of risks. That's not the outcome, that's the input! Come on, people.
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Bettina
13 days ago
Option B? Really? That's like asking the board to accept all the risks. Not very practical, is it?
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Adelina
18 days ago
I agree with Kathryn. Option A is the way to go. Gotta love those risk evaluation processes!
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Marta
23 days ago
I’m leaning towards A as well, but I keep second-guessing myself. The budget aspect in D seems too specific for an evaluation outcome.
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Billy
28 days ago
I feel like the evaluation should lead to a decision on whether to treat risks, which makes A sound right. But what if it's B?
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Cristina
1 month ago
I remember a practice question that mentioned something about identifying risks, but I don't think that's the main outcome. So, C seems too simple.
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Cecilia
1 month ago
Okay, let me walk through this step-by-step. The risk evaluation process is about assessing the identified risks, so the outcome has to be related to that. I'll go with A.
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Barb
1 month ago
I'm a bit confused by this question. Is the outcome just a report advising the board to accept all risks? That doesn't seem quite right to me.
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Sharmaine
2 months ago
The key here is understanding what a risk evaluation process actually involves. I'm pretty confident the right answer is A - the decision on whether risk treatment is needed.
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Lavonna
2 months ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully. Maybe the outcome is the list of all identified risks?
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Antonio
2 months ago
I think the outcome of a risk evaluation process is the decision on whether risk treatment needs to take place. That seems like the most logical answer to me.
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Daren
2 months ago
I think the outcome of a risk evaluation process is more about making decisions, so maybe it's A? But I'm not completely sure.
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Kathryn
2 months ago
Option A is the correct answer. The outcome of a risk evaluation process is the decision on whether risk treatment needs to take place.
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Stephanie
2 months ago
I think option A makes the most sense.
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