Analogy Risk Management & Mitigation 3

Question 1

RISK APPETITE is to ORGANIZATION as SPEED LIMIT is to:

Accepted Answer

Highway

Answer

Risk appetite defines the level of risk an organization is willing to accept, just as a speed limit defines the maximum speed permitted on a highway.

Question 2

ROOT CAUSE ANALYSIS is to PAST FAILURE as RISK ASSESSMENT is to:

Accepted Answer

Future threat

Answer

Root cause analysis examines past failures to learn from them, while risk assessment looks forward to identify and evaluate future threats.

Question 3

DIVERSIFICATION is to INVESTMENT PORTFOLIO as REDUNDANCY is to:

Accepted Answer

IT systems

Answer

Diversification reduces risk in an investment portfolio by spreading assets, just as redundancy reduces risk in IT systems by duplicating critical components.

Question 4

RISK TOLERANCE is to RISK APPETITE as SPEED is to:

Accepted Answer

Velocity

Answer

Risk tolerance is the acceptable variation around a risk appetite threshold, just as speed is the scalar magnitude component of velocity.

Question 5

THREAT is to VULNERABILITY as LOCK PICK is to:

Accepted Answer

Weak lock

Answer

A threat exploits a vulnerability to cause harm, just as a lock pick exploits a weak lock to gain unauthorized entry.

Analogy Practice Test

Analogy Practice Test

Analogy Risk Management & Mitigation 3