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CISM Practice Question: Order the steps for a risk assessment process…
Order the steps for a risk assessment process according to ISACA's risk management framework.
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Step 1: Risk Identification, Step 2: Risk Analysis, Step 3: Risk Evaluation, Step 4: Risk Treatment, Step 5: Risk Monitoring
Risk assessment starts with identification, then analysis, evaluation, treatment, and continuous monitoring.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Step 1: Risk Identification, Step 2: Risk Analysis, Step 3: Risk Evaluation, Step 4: Risk Treatment, Step 5: Risk Monitoring
Why this is correct
This is the correct order per ISACA's risk management framework. Risk identification first identifies potential risks, followed by analysis to assess likelihood and impact, evaluation to prioritize risks, treatment to mitigate, and monitoring to ensure ongoing effectiveness.
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Step 1: Risk Identification, Step 2: Risk Evaluation, Step 3: Risk Analysis, Step 4: Risk Treatment, Step 5: Risk Monitoring
Why it's wrong here
This is incorrect because risk evaluation (prioritizing risks) should occur after risk analysis (assessing likelihood and impact), not before. Without analysis, evaluation lacks necessary data to prioritize effectively.
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Step 1: Risk Analysis, Step 2: Risk Identification, Step 3: Risk Evaluation, Step 4: Risk Treatment, Step 5: Risk Monitoring
Why it's wrong here
This is incorrect because risk identification must precede risk analysis; you cannot analyze risks that have not yet been identified. Skipping identification leads to incomplete assessment.
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Step 1: Risk Identification, Step 2: Risk Analysis, Step 3: Risk Evaluation, Step 4: Risk Monitoring, Step 5: Risk Treatment
Why it's wrong here
This is incorrect because risk treatment (implementing controls) must occur before risk monitoring. Monitoring evaluates the effectiveness of treatment, so it logically follows treatment.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This CISM practice question is part of Courseiva's free ISACA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CISM exam.