The correct answer isC. The balance between potential benefits in achieving the objectives and costs, effort, or disadvantages of implementation. ISO 31000 emphasizes that risk treatment decisions should beproportionate, informed, and value-focused.
Selecting risk treatment options requires evaluating trade-offs. Organizations must consider how much a treatment option contributes to achieving objectives while also assessing its costs, resource requirements, operational impact, and potential disadvantages. This balanced approach ensures that risk management protects and creates value rather than imposing unnecessary burdens.
Option A is incorrect because focusing solely on cost ignores effectiveness and value creation. Option B is equally flawed, as ignoring costs and effort may lead to unsustainable or impractical solutions. Option D contradicts ISO 31000’s emphasis on feasibility, proportionality, and alignment with context.
From a PECB ISO 31000 Lead Risk Manager perspective, effective risk treatment is about makinginformed choices, not automatically selecting the most aggressive option. Therefore, the correct answer isbalancing benefits with costs, effort, and disadvantages.
