IIBA Entry Certificate in Business Analysis (ECBA) ECBA Question # 48 Topic 5 Discussion
ECBA Exam Topic 5 Question 48 Discussion:
Question #: 48
Topic #: 5
(You are tasked with assessing risks associated with a strategic initiative. A fellow business analysis professional suggests using a risk register. What is the purpose of a risk register?)
A.
To eliminate low-impact but probable risks
B.
To focus on highly impactful but improbable risks
C.
To prioritize risks based on their likelihood and impact
The correct answer is C. BABOK’s Risk Analysis and Management technique states that each risk can be described in a risk register that supports the analysis of risks and plans for addressing them. In practice, a risk register is used to record risks and help evaluate and prioritize them based on factors such as likelihood and impact, so that response efforts can be directed appropriately.
Option A is incorrect because a risk register does not automatically eliminate any category of risk. Its purpose is to document, analyze, and support response planning for risks.
Option B is incorrect because the register is not intended to focus only on one type of risk, such as highly impactful but unlikely risks. It is meant to provide a structured basis for considering all relevant risks.
Option D is incorrect because risks are not categorized randomly. Business analysis relies on structured assessment so that risk decisions are based on meaningful criteria, especially probability and impact.
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