CHAPTER 3

Identifying and Managing Risk Scenarios

In this chapter, you will:

•  Understand how to identify and categorize risk factors

•  Learn to develop and analyze risk scenarios

•  Develop and manage a risk register

This chapter covers different aspects of managing risk scenarios within an organization as well as documenting and updating risks on a risk register. Now that we’ve discussed the fundamentals of risk and its concepts, as well as identified threats and vulnerabilities associated with business processes, we’ll cover the other aspects of managing risk that occur before you even get the point of assessing or responding to risk.

The CRISC exam objectives we will discuss in this chapter include the remaining task statements that apply ...

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