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Which of the below is accurate about a risk assessment workshop?
Correct Answer: B
Step 1: What Is a Risk Assessment Workshop? A risk assessment workshop is a structured session where key stakeholders identify, evaluate, and prioritize risks. Effective workshops require preparation, clear objectives, and structured discussions to ensure meaningful risk analysis. Step 2: Why Option B is Correct PRMIA and best practices recommend thorough preparation, including: Setting objectives Defining risk categories Ensuring participation from risk, compliance, and business units Providing risk assessment tools/templates Step 3: Why the Other Options Are Incorrect Option A ("Run spontaneously") → Incorrect because lack of preparation leads to poor discussions and missed risks. Option C ("Risk management should not attend") → Incorrect because risk managers provide key expertise to guide discussions. Option D ("Compliance experts should not attend") → Incorrect because compliance provides regulatory insights essential to risk assessment. PRMIA Risk Reference Used: PRMIA Risk Assessment Framework - Recommends structured, well-prepared workshops. ISO 31000 Risk Management Standard - Supports proactive workshop planning. Final Conclusion: Risk assessment workshops should be well-prepared to ensure meaningful discussions and effective risk identification, making Option B the correct answer.