Section: Volume D
Explanation

Explanation/Reference:
Explanation:
For effective communication, information communicated should not inundate the recipients. All ground rules of good communication apply to communication on risk. This includes the avoidance of jargon and technical terms regarding risk because the intended audiences are generally not deeply technologically skilled. Hence use of technical terms is avoided for effective communication Incorrect Answers:
A, C, D: These all are true for effective risk communication. For effective risk communication the risk information should be clear, concise, useful and timely. Risk information must be known and understood by all the stakeholders. Information or communication should not overwhelm the recipients. This includes the avoidance of technical terms regarding risk because the intended audiences are generally not much technologically skilled.
Any communication on risk must be relevant. Technical information that is too detailed or is sent to inappropriate parties will hinder, rather than enable, a clear view of risk. For each risk, critical moments exist between its origination and its potential business consequence.
Information should also be aimed at the correct target audience and available on need-to-know basis.
Hence for effective risk communication risk information should be:
Clear

Concise

Useful

Timely given

Aimed at the correct audience

Available on need-to-know basis

Section: Volume D

Explanation/Reference:
Explanation:
The various tools & techniques used in the identify risk process are as follows:
Documentation reviews

Information gathering technique

Checklist analysis

Assumption analysis

Diagramming techniques

SWOT analysis

Expert judgment