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PECB Exam ISO-22301-Lead-Auditor Topic 5 Question 55 Discussion

Actual exam question for PECB's ISO-22301-Lead-Auditor exam
Question #: 55
Topic #: 5
[All ISO-22301-Lead-Auditor Questions]

Which type of approach has a straightforward process based on informed judgement supported by appropriate guidance?

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Suggested Answer: B

According to ISO 22301 Lead Auditor objectives and content, a qualitative approach is a type of approach that has a straightforward process based on informed judgement supported by appropriate guidance. A qualitative approach is used to assess the impacts and risks of a disruption to the organization's processes, resources, and objectives. A qualitative approach relies on the subjective evaluation of the likelihood and severity of the disruption, as well as the effectiveness of the existing controls and mitigation measures. A qualitative approach can use descriptive scales, such as low, medium, and high, to rank the impacts and risks. A qualitative approach can also use tools, such as matrices, diagrams, and checklists, to facilitate the analysis and communication of the results.A qualitative approach is suitable for organizations that have limited data, resources, or time to conduct a quantitative approach, which requires more complex and objective calculations and measurements.Reference: ISO 22301 Auditing eBook, page 401; ISO 22301 Clause 8.2.2 Risk assessment2


by Annelle at Feb 09, 2025, 05:55 PM

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Artie
16 days ago
Quantitative? That's like trying to measure the weight of a rainbow. Qualitative is where it's at!
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Jeanice
18 days ago
Qualitative all the way! It's like a choose-your-own-adventure book, but for exams.
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Solange
21 days ago
Quantitative approach? Nah, that's way too straightforward. Where's the fun in that?
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Trina
9 days ago
B) Qualitative approach
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Jennie
17 days ago
A) Quantitative approach
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Josphine
26 days ago
But quantitative approach relies on numerical data for analysis, which provides a more straightforward process.
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Kyoko
29 days ago
I disagree, I believe the answer is B) Qualitative approach.
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Margurite
1 months ago
The qualitative approach seems to be the way to go here. It's all about that informed judgement, you know?
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Kristofer
9 days ago
I think the quantitative approach may also have its benefits in certain situations.
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Bulah
15 days ago
I agree, the qualitative approach definitely emphasizes informed judgement.
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Josphine
1 months ago
I think the answer is A) Quantitative approach.
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