CAS Practice Exam 2025 – Complete Study Guide

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What is a benefit of including diverse representatives during risk workshops?

It simplifies the decision-making process

It helps identify opportunity risks and cascading effects

Including diverse representatives during risk workshops is beneficial because it enhances the ability to identify opportunity risks and cascading effects that might not be apparent from a more homogeneous group. A diverse group brings a variety of perspectives, experiences, and expertise to the table, which can lead to a more comprehensive understanding of the risks involved.

Opportunity risks refer to potential positive events that could result from certain actions or decisions. By engaging with individuals who have different backgrounds or viewpoints, the group can explore new ideas and innovative solutions that might otherwise be overlooked. Additionally, individuals from diverse fields might be more adept at recognizing cascading effects—how one risk could lead to a chain reaction affecting various parts of a project or organization.

This inclusive approach ensures that the team captures a wider range of insights and can proactively address both risks and opportunities, ultimately leading to better decision-making and more robust risk management strategies.

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It reduces the amount of time required for workshops

It allows for a more structured discussion framework

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