CRISC Certified in Risk and Information Systems Control – Question109

Shelly is the project manager of the BUF project for her company. In this project Shelly needs to establish some rules to reduce the influence of risk bias during the qualitative risk analysis process. What method can Shelly take to best reduce the influence of risk bias?

A.
Establish risk boundaries
B. Group stakeholders according to positive and negative stakeholders and then complete the risk analysis
C. Determine the risk root cause rather than the person identifying the risk events
D. Establish definitions of the level of probability and impact of risk event

Correct Answer: D

Explanation:

Explanation: By establishing definitions for the level of probability and impact a project manager can reduce the influence of bias.
Incorrect Answers:
A: This is not a valid statement for reducing bias in the qualitative risk analysis.
B: Positive and negative stakeholders are identified based on their position towards the project goals and objectives, not necessarily risks.
C: Root cause analysis is a good exercise, but it would not determine risk bias.