The risk management framework defines the structure, objectives, roles, processes, and tools used by an organization to manage risk. It provides a comprehensive overview of how the enterprise governs and implements risk management.
According to the CRISC Review Manual and ISACA's Risk IT Framework:
"A risk management framework establishes and maintains a common risk language, defines principles and responsibilities, and ensures consistency of approach across the enterprise." While risk scenarios and assessment results are components of the program, they focus on specific areas.
The framework gives a holistic view-showing policies, processes, oversight mechanisms, governance linkages, and continuous improvement processes.
Hence, the Risk Management Framework (Option B) best provides an overview of the entire program.
CRISC Reference: Domain 1 - IT Risk Governance, Topic: Risk Management Framework and Governance Alignment.