Therisk management frameworkdefines the structure, objectives, roles, processes, and tools used by an organization to manage risk. It provides acomprehensive overviewof how the enterprise governs and implements risk management.
According to theCRISC Review Manualand ISACA’sRisk IT Framework:
“A risk management framework establishes and maintains a common risk language, defines principles and responsibilities, and ensures consistency of approach across the enterprise.”
Whilerisk scenariosandassessment resultsare components of the program, they focus on specific areas. Theframeworkgives a holistic view—showing policies, processes, oversight mechanisms, governance linkages, and continuous improvement processes.
Hence, theRisk Management Framework(Option B) best provides an overview of the entire program.
CRISC Reference:Domain 1 – IT Risk Governance, Topic: Risk Management Framework and Governance Alignment.
