MENU
An IT steering committee wants to select a disaster recovery site based on available risk data Which of the following would BE ST enable the mapping of cost to risk?
Suggested Answer: B
Get Premium CGEIT Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
36 comments · newest first
YU
Yuette
10 months ago
Qualitative forecasting seems too vague for this purpose.
CA
Carmen
11 months ago
Wait, can KRIs really map costs to risks? Not so sure about that.
FE
Fernanda
11 months ago
Scenario-based assessments can also provide valuable insights.
JE
Jerry
11 months ago
Totally agree, BIA helps link costs to risks effectively.
TR
Tracey
11 months ago
I think Business Impact Analysis (BIA) is key here.
JA
Janella
12 months ago
Qualitative forecasting seems a bit vague for this question; I feel like it wouldn't provide the concrete mapping needed for costs and risks.
GR
Gregoria
12 months ago
I practiced a similar question where BIA was the answer, and it makes sense since it evaluates the financial impact of disruptions.
LO
Lonna
12 months ago
I think scenario-based assessments might help in understanding potential costs, but I feel like BIA is more focused on impacts rather than direct cost mapping.
SH
Shannan
1 year ago
I remember studying KRIs, but I'm not entirely sure how they directly map costs to risks.
RO
Ronald
1 year ago
This is a tricky one. I'm not super familiar with all of these risk assessment methods, so I'll need to rely on my understanding of the question to guide me towards the right answer.
CA
Caren
1 year ago
Okay, I've got a strategy for this. I'll eliminate the options that don't seem directly relevant to mapping cost to risk, then evaluate the remaining ones to select the best choice.
DE
Delila
1 year ago
Hmm, I'm a bit unsure about this one. Mapping cost to risk could be done in different ways, so I'll need to think through each of these options carefully to determine the best approach.
JE
Jesusita
1 year ago
This seems like a straightforward question about mapping cost to risk. I think the key is to focus on the methods that would best enable that, so I'll carefully consider the options.
CH
Chan
1 year ago
I remember discussing per occurrence deductibles in class, but I'm not sure if the $2 million figure directly relates to the calculations we did.
DO
Donte
1 year ago
Scenario-based assessment? Sounds like a disaster recovery plan for a disaster movie!
SI
Silva
1 year ago
C: Key risk indicators could also be useful in understanding the potential impact of different risks.
GE
Gerry
1 year ago
B: I agree, it would help us plan for different disaster scenarios.
GA
Galen
1 year ago
A: I think scenario-based assessment would be the best option for mapping cost to risk.
AL
Alise
1 year ago
Key risk indicators? More like 'key to raising my risk of failing this exam!'
SH
Shenika
1 year ago
I'm not sure qualitative forecasting is the best fit for this task. It seems a bit too subjective for mapping cost to risk.
LE
Lezlie
1 year ago
A) Key risk indicators (KRIs) would be a more reliable option for mapping cost to risk.
LO
Lorrine
1 year ago
I agree, qualitative forecasting may not provide the objective data needed for this decision.
SH
Shoshana
1 year ago
C) Business impact analysis (BIA)
BL
Blondell
1 year ago
B) Scenario-based assessment
MA
Mattie
1 year ago
A) Key risk indicators (KRIs)
LI
Linwood
1 year ago
Business impact analysis could also be a good option, but it may not provide the same level of cost-to-risk mapping as scenario-based assessment.
GL
Glory
1 year ago
B) Scenario-based assessment
FA
Fatima
1 year ago
A) Key risk indicators (KRIs)
JA
Janey
2 years ago
I'm not sure about KRIs. I think the answer might be C) Business impact analysis (BIA) as it helps in understanding the impact of risks on the business.
GA
Gabriele
2 years ago
I agree with Kristal. KRIs provide a quantitative measure of risk, which can be used to map cost effectively.
RO
Royce
2 years ago
Scenario-based assessment seems like the logical choice here. It allows for a detailed analysis of potential risks and their financial impact.
AR
Arthur
1 year ago
D: Qualitative forecasting might not be as effective in this situation compared to scenario-based assessment.
JA
Jade
1 year ago
C: Key risk indicators (KRIs) could also be helpful in identifying and measuring risks.
SH
Shaniqua
1 year ago
B: I agree, it provides a more in-depth look at potential risks and their financial implications.
LY
Lyla
1 year ago
A: I think scenario-based assessment would be the best option for mapping cost to risk.
KR
Kristal
2 years ago
I think the answer is A) Key risk indicators (KRIs). It helps in mapping cost to risk.