What do published risk management standards aim to achieve?

Published risk management standards are designed to establish a uniform framework and set of practices that practitioners in the field can adhere to. By aiming for a common view, these standards facilitate clearer communication among professionals, enhance collaboration, and ensure that risk management processes are consistent across different entities and industries. This commonality helps organizations standardize their risk assessment and management practices, thereby improving the overall effectiveness of risk management strategies.

In contrast, options suggesting disagreement among practitioners or promoting exclusivity in application don't align with the purpose of these standards. The goal is to unify approaches rather than fragment them. Similarly, while individual risk responses may be important in specific contexts, the broader aim of published standards is to create a cohesive framework rather than promote isolated responses.