How is effectiveness defined in relation to improving the risk management framework?

The correct answer isC. Successful achievement of the intended outcomes of the risk management framework. ISO 31000:2018 defineseffectivenessas the extent to which planned activities are realized and planned results are achieved. In the context of improving the risk management framework, effectiveness refers to whether the framework delivers itsintended outcomes, such as improved decision-making, enhanced resilience, and protection and creation of value.

Option A describesalignment, which supports effectiveness but does not define it. Option B refers to implementation status, which indicates progress but does not measure whether objectives have been achieved. Option D is a quantitative activity metric and does not reflect effectiveness.

ISO 31000 emphasizes that continual improvement of the risk management framework should be based on monitoring, review, and learning to ensure that intended outcomes are achieved over time. From a PECB ISO 31000 Lead Risk Manager perspective, effectiveness is outcome-focused, making option C the correct answer.