What does residual risk mean in the RM processAll of the following are questions asked as part of step 5 of the RM process to ensure compliance with the guiding principles except?

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2026-05-20 09:20

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Residual risk in the risk management (RM) process refers to the remaining level of risk after all risk mitigation measures have been implemented. It represents the risk that cannot be eliminated and must be acknowledged and managed. In the context of ensuring compliance with guiding principles, questions typically assess whether the residual risks are acceptable and how they align with the organization's risk appetite. The specific question not included in step 5 would depend on the context, but it should not pertain to the evaluation of remaining controls or risk assessments.

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