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PRMIA Exam 8004 Topic 4 Question 38 Discussion

Actual exam question for PRMIA's 8004 exam
Question #: 38
Topic #: 4
[All 8004 Questions]

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

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Suggested Answer: B

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

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Valentine
2 months 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
2 months 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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Julie
26 days ago
I agree, D covers all the important aspects of a strong Risk Management Infrastructure. It's crucial to have a well-rounded framework in place.
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Lenna
1 months ago
Yeah, D is definitely the most comprehensive choice. It's important to have a holistic approach to risk management.
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Gladys
2 months ago
I was thinking B too, but D seems like the best option. It covers everything.
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Adell
2 months 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
2 months 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.
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Lashawna
1 months ago
Yes, and providing general risk management training for all employees can help create a risk-aware culture throughout the organization.
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Alayna
2 months ago
I believe the ongoing professional development for risk management staff is important to stay updated with the latest practices.
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Steffanie
2 months ago
I think so too. It helps in ensuring that all aspects of risk are properly addressed and managed.
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Shaquana
2 months ago
I agree, having a comprehensive approach to risk management is crucial for the organization's success.
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Eric
2 months ago
I believe budgets should be set by the business unit leaders as well.
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Shawnna
3 months ago
I agree with you, Sanjuana. It's important for ongoing professional development and commitment to best practices.
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Sanjuana
3 months ago
I think the Risk Management Infrastructure should avoid silos of control.
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