What factors does a cost-benefit analysis look at? (I point) This process measures the relative benefits of conducting business to help develop strategies to identify, assess, and manage risk. This process measures risk to help develop strategies to identify, assess, and manage risk. This process measures the cost of business against the relative benefits of conducting business to help develop strategies to identify, assess, and manage risk. This process measures the cost of business to help develop strategies to identify, assess, and manage risk.