Strategic Risk Assessment Planning

A.

The Risk Management Framework (RMF) is a structured process that helps organizations to manage and mitigate risks associated with the use of information systems. The RMF comprises six phases, which are:

1. Categorization
2. Selection
3. Implementation
4. Assessment
5. Authorization
6. Continuous Monitoring

Out of these six phases, strategic risk assessment planning is performed in Phase 0, which is also known as the Preparation Phase.

Phase 0 - Preparation Phase: In this phase, the organization establishes its risk management strategy, policies, procedures, and guidelines. It includes the following activities:

• Defining the scope of the risk management program
• Identifying the risk management framework to be used
• Identifying the assets and systems to be protected
• Identifying the threats, vulnerabilities, and risks to the assets and systems
• Developing risk management policies and procedures
• Establishing risk assessment methodologies and criteria
• Identifying roles and responsibilities for risk management
• Developing a risk management plan

The strategic risk assessment planning is performed in this phase because it involves defining the overall approach and methodology for managing risks. It includes identifying the assets to be protected, defining the scope of the risk management program, and establishing risk assessment methodologies and criteria.

Therefore, the correct answer is A. Phase 0.