The correct answer isA. Evaluating potential outcomes, stakeholder perspectives, future uncertainties, and the organization’s tolerance for risk. ISO 31000 emphasizes that risk management supportsdecision-makingby providing structured information about uncertainty, consequences, and trade-offs.
Effective decision-making requires considering not only potential outcomes but also stakeholder expectations, the organization’s risk appetite and tolerance, and uncertainties related to future conditions. This holistic view ensures decisions are aligned with objectives and values while balancing opportunities and threats.
Option B is too narrow and contradicts ISO 31000’s value-based approach. Option C ignores the fact that avoiding change may itself increase risk. Option D undermines accountability and leadership responsibility.
From a PECB ISO 31000 Lead Risk Manager perspective, informed decisions depend on integrating risk considerations into strategy and operations. Therefore, the correct answer isevaluating outcomes, stakeholders, uncertainties, and risk tolerance.
