PRMIA Exam 8004 Topic 4 Question 38 Discussion

Actual exam question for PRMIA's 8004 exam

Question #: 38
Topic #: 4

The Risk Management Infrastructure of an organization must:

I To the extent possible, avoid silos of control and oversight

II Have budgets set by the business unit leaders

III Actively provide ongoing professional development for risk management staff and require them to be committed to standards of best practice, conduct and ethics in their work

IV Provide general risk management and related corporate governance training for employees of the organization as a Whole

AI only

BI, III and IV only

CI and III only

DAll of these are expected of the Risk Management Infrastructure

Show Suggested Answer

Suggested Answer: B

by Azalee at Oct 23, 2024, 07:18 PM

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Valentine

8 days ago

Wait, there's actually a 'best practice' for risk management? I thought it was just about crossing your fingers and hoping for the best!

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Elli

13 days ago

Hmm, I was tempted by B, but you're right, D covers all the bases. Can't go wrong with a holistic risk management framework.

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Gladys

17 hours ago

I was thinking B too, but D seems like the best option. It covers everything.

upvoted 0 times

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Adell

15 days ago

Agreed, D is the way to go. Siloes, professional development, and training for the whole organization - that's a well-rounded risk management setup.

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Franklyn

19 days ago

I think the correct answer is D. All of these are expected of the Risk Management Infrastructure. It's a comprehensive approach that aligns with best practices.

upvoted 0 times