CRISC Certified in Risk and Information Systems Control – Question167

Which of the following techniques examines the degree to which organizational strengths offset threats and opportunities that may serve to overcome weaknesses?

A.
SWOT Analysis
B. Delphi
C. Brainstorming
D. Expert Judgment

Correct Answer: A

Explanation:

Explanation:
SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective.
Incorrect Answers: B, C: Brainstorming and Delphi techniques are used to identify risks in a project through consensus. Delphi differs in that as the members of the team do not know each other.
D: In this technique, risks can be identified directly by experts with relevant experience of similar projects or business areas.