Which of the below is accurate about a risk assessment workshop?

Arisk assessment workshopis a structured session where key stakeholdersidentify, evaluate, and prioritize risks.

Effective workshops requirepreparation, clear objectives, and structured discussionsto ensure meaningful risk analysis.

PRMIA and best practices recommendthorough preparation, including:

Setting objectives

Defining risk categories

Ensuring participation from risk, compliance, and business units

Providing risk assessment tools/templates

Option A ("Run spontaneously")→ Incorrect becauselack of preparation leads to poor discussions and missed risks.

Option C ("Risk management should not attend")→ Incorrect becauserisk managers provide key expertise to guide discussions.

Option D ("Compliance experts should not attend")→ Incorrect becausecompliance provides regulatory insights essential to risk assessment.

Step 1: What Is a Risk Assessment Workshop?Step 2: Why Option B is CorrectStep 3: Why the Other Options Are Incorrect

PRMIA Risk Assessment Framework– Recommends structured, well-prepared workshops.

ISO 31000 Risk Management Standard– Supports proactive workshop planning.

PRMIA Risk References Used:

Final Conclusion:Risk assessment workshops should be well-prepared to ensure meaningful discussions and effective risk identification, makingOption B the correct answer.