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

Question: 1 / 400

How is the effectiveness of risk responses typically assessed?

Through formal evaluation at project closure

By comparing with initial risk assessments

The effectiveness of risk responses is typically assessed by comparing the outcomes of those responses with the initial risk assessments. This method allows organizations to evaluate whether the implemented strategies effectively mitigated the identified risks, as planned. By examining the correlation between the original risk levels and the current state of those risks after the implementation of response measures, organizations can determine if the responses were successful or if adjustments are necessary.

This process involves analyzing various metrics and data that reflect the risk environment before and after the responses were executed. It helps in identifying trends, understanding the effectiveness of specific interventions, and guiding future risk management strategies.

While formal evaluations at project closure and stakeholder feedback can provide insights into the overall project performance and satisfaction, they do not specifically focus on evaluating the effectiveness of the risk responses in relation to the initial risk assessments. Therefore, the comparison with initial risk assessments is the most direct and relevant method for measuring how well risk management efforts have performed.

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Based on stakeholder feedback

None of the above

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