CRISC Certified in Risk and Information Systems Control – Question218

You work as a project manager for BlueWell Inc. You are involved with the project team on the different risk issues in your project. You are using the applications of IRGC model to facilitate the understanding and managing the rising of the overall risks that have impacts on the economy and society. One of your team members wants to know that what the need to use the IRGC is. What will be your reply?

A.
IRGC models aim at building robust, integrative inter-disciplinary governance models for emerging and existing risks.
B. IRGC is both a concept and a tool.
C. IRGC addresses the development of resilience and the capacity of organizations and people to face unavoidable risks.
D. IRGC addresses understanding of the secondary impacts of a risk.

Correct Answer: A

Explanation:

Explanation:
IRGC is aimed at building robust, integrative inter-disciplinary governance models for emerging and existing risks.
The International Risk Governance Council (IRGC) is a self-governing organization whose principle is to facilitate the understanding and managing the rising overall risks that have impacts on the economy and society, human health and safety, the environment at large. IRGC’s effort is to build and develop concepts of risk governance, predict main risk issues and present risk governance policy recommendations for the chief decision makers. IRGC mainly emphasizes on rising, universal risks for which governance deficits exist. Its goal is to present recommendations for how policy makers can correct them. IRGC models at constructing strong, integrative inter-disciplinary governance models for up-coming and existing risks.
Incorrect Answers:
B: As IRGC is aimed at building robust, integrative inter-disciplinary governance models for emerging and existing risks, so it is the best answer for this question.
C, D: Risk governance addresses understanding of the secondary impacts of a risk, the development of resilience and the capacity of organizations and people to face unavoidable risks.