Which of the following is the PRIMARY reason for conducting peer reviews of risk analysis?
A.
To enhance compliance with standards
B.
To minimize subjectivity of assessments
C.
To increase consensus among peers
D.
To provide assessments for benchmarking
The Answer Is:
B
This question includes an explanation.
Explanation:
According to the CRISC Review Manual1, peer reviews are the process of evaluating the quality and validity of risk analysis by independent experts or colleagues. Peer reviews are conducted to ensure that the risk analysis is consistent, objective, and reliable, and that it follows the established standards and methods. The primary reason for conducting peer reviews of risk analysis is to minimize subjectivity of assessments, as peer reviews can help to reduce personal biases, preferences, and assumptions that may affect the risk analysis outcomes. Peer reviews can also help to identify and correct any errors, gaps, or inconsistencies in the risk analysis, and to improve the risk analysis skills and knowledge of the reviewers and the reviewees. References = CRISC Review Manual1, page 209.
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