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IIA-CIA-Part2: What Risk Assessment Approach Involves Gathering Data from Work Teams at Different Organizational Levels?

By: Author Alex Lim

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Learn about the risk assessment approach that gathers data from work teams representing various levels of an organization. Discover how facilitated team workshops enable comprehensive risk identification and analysis.

Table of Contents

Question

Which of the following risk assessment approaches involves gathering data from work teams representing different levels of an organization?

A. Surveys.
B. Management-produced analysis.
C. Facilitated team workshops.
D. Weighted risk factors.

Answer

C. Facilitated team workshops.

Explanation

Facilitated team workshops are a risk assessment approach that involves gathering data from work teams representing different levels of an organization. In this approach, a facilitator leads cross-functional teams through structured discussions and exercises to identify, analyze, and evaluate risks that could impact the organization’s objectives.

The key advantages of facilitated team workshops include:

  1. Diverse perspectives: By involving work teams from various organizational levels, the workshops capture a wide range of insights and experiences, leading to a more comprehensive risk assessment.
  2. Collaboration and communication: The workshop format encourages open dialogue and collaboration among participants, fostering a shared understanding of risks and their potential impacts.
  3. Contextual understanding: Work teams have direct knowledge of the processes, systems, and challenges within their respective areas, providing valuable context for risk identification and assessment.
  4. Consensus-building: Facilitated discussions help build consensus around key risks, their priorities, and potential risk responses, promoting a unified approach to risk management.

Surveys, management-produced analysis, and weighted risk factors are other risk assessment approaches, but they do not necessarily involve gathering data from work teams representing different levels of an organization.

IIA-CIA-Part2 certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the IIA-CIA-Part2 exam and earn IIA-CIA-Part2 certification.