CRISC Risk Response and Reporting Practice Question
During a control implementation project, the risk manager discovers that the resource requirements have increased significantly, making the original cost-benefit analysis invalid. What should the risk manager do first?
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
✓
Perform a revised cost-benefit analysis
Before proceeding, the risk manager should reassess the cost-benefit analysis with updated costs to determine if the control is still justified.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Continue the project and request additional budget later
Why it's wrong here
Proceeding without validation is risky.
- ✗
Escalate to the board for approval of additional funds
Why it's wrong here
Escalation should come after analysis.
- ✗
Cancel the project immediately
Why it's wrong here
Cancellation may be premature without analysis.
- ✓
Perform a revised cost-benefit analysis
Why this is correct
Reassessing the business case is the appropriate first step.
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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.