A risk practitioner is MOST likely to use a SWOT analysis to assist with which risk process?
A.
Risk assessment
B.
Risk reporting
C.
Risk mitigation
D.
Risk identification
The Answer Is:
D
This question includes an explanation.
Explanation:
SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) is used in the riskidentification phase to comprehensively analyze the organization's internal and externalenvironments. By understanding strengths and weaknesses, internal risks can be identified, while opportunities and threats help to identify external risks. This method provides a foundation for proactive risk management.
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