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IT Risk AssessmenthardMultiple SelectObjective-mapped

CRISC IT Risk Assessment Practice Question

A risk assessment team is prioritizing IT risks for treatment. Which THREE factors should be considered when prioritizing risks? (Select THREE)

⚠ Common exam trap

Test-takers frequently confuse 'factors to consider when prioritizing risks' with 'inputs to risk assessment' and incorrectly select industry standards (Option A) as a direct prioritization factor, when in fact they are used for benchmarking or compliance, not for ranking treatment urgency.

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

The inherent risk score of each risk

The inherent risk score provides a baseline measure of risk without considering controls, which is essential for prioritizing which risks require immediate attention. This score is typically calculated as a product of likelihood and impact, and it helps the team focus on the most severe potential threats first.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Industry standards for similar risks

    Why it's wrong here

    Standards may inform but are not a direct prioritization factor.

  • The inherent risk score of each risk

    Why this is correct

    Higher inherent risks typically get higher priority.

  • Cost-benefit analysis of potential controls

    Why this is correct

    Treatment actions should provide value relative to cost.

  • Residual risk after existing controls

    Why this is correct

    Residual risk indicates the remaining exposure and helps prioritize further treatment.

  • The risk owner's personal preference

    Why it's wrong here

    Prioritization should be based on objective factors, not personal preference.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

This CRISC 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 CRISC exam.