CRISC Practice Test

CRISC Practice Test practice questions, page 15 of 76, with answer review and explanations.

Question 71

Which of the following processes addresses the risks by their priorities, schedules the project management plan as required, and inserts resources and activities into the budget?

  1. Monitor and Control Risk
  2. Plan risk response
  3. Identify Risks
  4. Qualitative Risk Analysis

Question 72

Out of several risk responses, which of the following risk responses is used for negative risk events?

  1. Share
  2. Enhance
  3. Exploit
  4. Accept

Question 73

Which of the following risks refer to probability that an actual return on an investment will be lower than the investor's expectations?

  1. Integrity risk
  2. Project ownership risk
  3. Relevance risk
  4. Expense risk

Question 74

What are the PRIMARY requirements for developing risk scenarios? Each correct answer represents a part of the solution. (Choose two.)

  1. Potential threats and vulnerabilities that could lead to loss events
  2. Determination of the value of an asset at risk
  3. Determination of actors that has potential to generate risk
  4. Determination of threat type

Question 75

What are the responsibilities of the CRO? Each correct answer represents a complete solution. (Choose three.)

  1. Managing the risk assessment process
  2. Implement corrective actions
  3. Advising Board of Directors
  4. Managing the supporting risk management function