Certified Governance Risk and Compliance (CGRC) Practice Exam 2025 – All-in-One Guide to Master Your Certification!

Question: 1 / 400

During qualitative risk analysis, which of the following is NOT an indicator of risk priority?

Symptoms

Cost of the project

In qualitative risk analysis, indicators of risk priority are typically related to the potential impact and likelihood of risks affecting a project. Symptoms, warning signs, and risk ratings relate directly to the identification and assessment of risks. Symptoms and warning signs act as early indicators that could point to existing issues or areas of concern, helping teams to prioritize their responses. Risk ratings are a systematic way to quantify risks based on their assessed severity and probability, allowing for effective prioritization.

The cost of the project, while certainly an important factor in overall project management and in quantitative assessments, does not serve as a direct indicator of individual risk priority in qualitative analysis. Instead, it is more of a contextual factor that could influence the overall risk management strategy but does not directly correlate to assessing or prioritizing specific risks. Thus, the reference to the cost of the project as an indicator of risk priority in a qualitative analysis context is not applicable.

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Warning signs

Risk rating

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