GAQM Exam ISO-31000-CLA Topic 2 Question 11 Discussion

Actual exam question for GAQM's ISO-31000-CLA exam

Question #: 11
Topic #: 2

[All ISO-31000-CLA Questions]

Relying on historic analysis when assessing potential risks and possible impacts implies that

Ashould adverse events occur, the impact can be accurately modelled.

Ball significant risks can be confidently analysed.

Cmanagement believe that the future will behave much like the past.

Show Suggested Answer

Suggested Answer: B

The ISO 31000:2018 standard provides a framework for risk management, with a focus on the strategic and integrated aspects of risk management. It outlines principles, a framework, and a process for managing risk in organizations of all kinds. The focus of the standard is on aligning risk management with the organization's context, objectives, and strategy, and on integrating risk management into all aspects of an organization's governance, culture, and performance.

by Nieves at Mar 09, 2025, 03:14 PM

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Youlanda

3 months ago

Seriously, who thought it was a good idea to base risk assessments on something as unpredictable as history? I'm just gonna go with the one that sounds the most like a bad fortune cookie - C, all the way!

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Ernestine

1 months ago

C) management believe that the future will behave much like the past.

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Daniel

1 months ago

B) all significant risks can be confidently analysed.

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Janella

2 months ago

User 3: I agree with C, it's better to stick with what we know.

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Blossom

2 months ago

A) should adverse events occur, the impact can be accurately modelled.

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Vernell

2 months ago

User 2: But what if the future is different? I'm leaning towards A for accurate modelling.

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Vallie

2 months ago

User 1: I think C makes sense, history tends to repeat itself.

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Han

3 months ago

Historic analysis, huh? So basically, we're supposed to believe that the future is just a glorified remix of the past. I'm gonna go with C and hope the examiners are in a nostalgic mood.

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Jerry

1 months ago

That's true, there's always a chance for new risks to pop up.

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Dorinda

1 months ago

But what if something unexpected happens that wasn't in the historical data?

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Gilberto

2 months ago

Yeah, it's like assuming history will repeat itself in a way.

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Kizzy

2 months ago

I think C makes sense, it's like predicting the future based on what's already happened.

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Shantay

3 months ago

Ah, the good old 'past performance is not indicative of future results' conundrum. Looks like C is the way to go, though I'm sure there's some creative accounting that could make any of these answers work.

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Ariel

2 months ago

I think we should consider all possible risks, not just rely on historical data.

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Chau

3 months ago

I agree, it's always tricky to predict the future based on the past.

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Samuel

3 months ago

That's true, there could be unforeseen risks that historic analysis doesn't account for.

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Roslyn

3 months ago

Ooh, this one's a tricky one! Historic analysis can only get you so far - the future is a wild card, you know? But hey, at least we can pretend to be psychic, right?

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Erin

3 months ago

But what if the future doesn't behave like the past?

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Samuel

3 months ago

I think relying on historic analysis can help us predict potential risks.

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