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CRISC Practice Question: Arrange the steps for performing a risk…
Arrange the steps for performing a risk assessment in the correct order.
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
✓
Asset identification, then threat and vulnerability identification, then likelihood and impact analysis, then risk calculation, then documentation.
Risk assessment begins with asset identification, then threats/vulnerabilities, followed by likelihood and impact analysis, risk calculation, and documentation.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Asset identification, then threat and vulnerability identification, then likelihood and impact analysis, then risk calculation, then documentation.
Why this is correct
This is the correct order because risk assessment logically starts with identifying assets to know what needs protection, then identifying threats and vulnerabilities that could affect those assets, analyzing the likelihood and impact to determine risk levels, calculating the risk score, and finally documenting the results.
- ✗
Threat and vulnerability identification, then asset identification, then likelihood and impact analysis, then risk calculation, then documentation.
Why it's wrong here
This is incorrect because you cannot identify threats and vulnerabilities effectively without first knowing which assets are being assessed. Identifying assets first provides context for which threats and vulnerabilities are relevant.
- ✗
Risk calculation, then asset identification, then threat and vulnerability identification, then documentation, then likelihood and impact analysis.
Why it's wrong here
This is incorrect because risk calculation depends on the outputs of likelihood and impact analysis, which in turn depend on asset, threat, and vulnerability identification. Performing risk calculation first is illogical as no inputs are available.
- ✗
Asset identification, then threat and vulnerability identification, then risk calculation, then likelihood and impact analysis, then documentation.
Why it's wrong here
This is incorrect because risk calculation requires the likelihood and impact values to compute the risk score. Performing risk calculation before likelihood and impact analysis means using incomplete or assumed data, which undermines the accuracy of the assessment.
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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.