Question 32
Domain 2 — Risk Identification, Assessment, and AnalysisWhat is the primary benefit of using standardized risk assessment tools?
Correct answer: B
Explanation
Standardized risk assessment tools use the same criteria and scoring method each time, which makes assessments consistent across teams and departments. That consistency allows results to be compared organization-wide, so leaders can prioritize risks using a common framework.
Why each option is right or wrong
A. Elimination of all risks
B. Consistency and comparability of risk assessments across the organization
Standardized risk assessment tools apply the same criteria, scoring, and thresholds to every assessment, so different teams are not using ad hoc judgments or incompatible methods. That uniformity makes results directly comparable across departments and business units, which is the main operational advantage when an organization needs to rank and aggregate risks on a common basis.
C. Reduced need for risk analysts
D. Automatic risk treatment