Governance of Enterprise IT (CGEIT) Certification Practice Exam

Which input is most important when establishing IT risk management practices?

1. Enterprise risk response plans.

2. Risk analysis results.

3. Regulatory requirements.

4. IT risk management policies.

The correct answer is: Enterprise risk response plans.

Establishing IT risk management practices is a critical aspect of ensuring that an organization's IT environment operates securely and effectively. Among the given choices, the most important input is risk analysis results. This is because risk analysis provides the foundational information needed to identify, assess, and prioritize potential risks that could impact the organization. When an organization conducts a risk analysis, it evaluates vulnerabilities, threats, and the potential impact of those risks on its operations. This data is essential for making informed decisions on how to respond and manage those risks. It allows the organization to allocate resources effectively and implement appropriate controls tailored to the identified risks. The other options play supportive roles in the risk management process. Regulatory requirements ensure that the organization complies with legal standards, IT risk management policies provide a framework for managing risks, and enterprise risk response plans outline how to respond to identified risks. However, without the crucial insights gained from risk analysis results, the effectiveness of these elements may be compromised, as they need to be based on accurate risk identification and evaluation.