Which type of risk is associated with Strategic, Governance, and Risk Tolerance under RMF Tier 1?

The correct answer is organizational risks, as these risks are closely linked with strategic decisions made at the tier 1 level of the Risk Management Framework (RMF). In this context, organizational risks encompass factors that can affect how an organization directs its resources and objectives, influencing its strategic posture and governance processes.

Strategic risks involve uncertainties that could impact the overall goals and objectives of the organization. Governance refers to the frameworks and processes that ensure the organization effectively manages these uncertainties and aligns its activities with its mission. Risk tolerance pertains to the level of risk the organization is willing to accept in pursuit of its objectives, which is directly tied to its overall management structure and strategic choices.

In contrast, operational risks primarily concern day-to-day issues in the operation of the organization; mission risks are focused on specific strategic goals and objectives, potentially disregarding broader governance aspects; and technical risks pertain specifically to technology-related issues. While those types of risks are vital to consider, they do not encapsulate the overarching strategic, governance, and risk tolerance contexts managed at the organizational level within tier 1 of RMF. Thus, organizational risks provide the most relevant framework for understanding the intersections of strategy, governance, and risk within this tier.