Learning Goal: I’m working on a writing discussion question and need an explanation and answer to help me learn.M2D1: The Value of a Risk Assessment FrameworkA risk assessment framework provides a logically organized structure that guides the risk assessment team through the process. There are several risk assessment frameworks that may be used or a company may decide to develop its own custom framework.Respond to the following:Why does the risk assessment team need guidance from a framework?
If there are several frameworks to choose from, why would a company waste time and effort developing a custom framework?
M2D2: Risk Assessment Strengths and WeaknessesEach risk assessment framework has strengths and weaknesses. What might work well for one organization may not work well for another.Respond to the following:What is one factor that prevents a framework from working well with an organization?
How can an organization deal with a framework that does not fully integrate with its needs?
Why does the risk assessment team need guidance from a framework?