A robust risk management system will not

Question

Quizplus · Accepted Answer

A robust risk management system is focused on identifying and analyzing risks, deciding which risks are acceptable to bear or should be avoided, and creating strategies to minimize or manage the identified risks. The system should not be solely focused on protecting risk managers from accusations of error or fault, but rather on ensuring the organization is prepared for any potential risks. Therefore, option C is incorrect as it implies a self-serving motivation for risk management.

A Robust Risk Management System Will Not