CRISC Practice Test

CRISC Practice Test practice questions, page 16 of 76, with answer review and explanations.

Question 76

You are working with a vendor on your project. A stakeholder has requested a change for the project, which will add value to the project deliverables. The vendor that you're working with on the project will be affected by the change. What system can help you introduce and execute the stakeholder change request with the vendor?

  1. Contract change control system
  2. Scope change control system
  3. Cost change control system
  4. Schedule change control system

Question 77

You are the project manager of GHT project. You are performing cost and benefit analysis of control. You come across the result that costs of specific controls exceed the benefits of mitigating a given risk. What is the BEST action would you choose in this scenario?

  1. The enterprise may apply the appropriate control anyway.
  2. The enterprise should adopt corrective control.
  3. The enterprise may choose to accept the risk rather than incur the cost of mitigation.
  4. The enterprise should exploit the risk.

Question 78

Mortality tables are based on what mathematical activity? Each correct answer represents a complete solution. (Choose three.)

  1. Normal distributions
  2. Probabilities
  3. Impact
  4. Sampling

Question 79

Harry is the project manager of HDW project. He has identified a risk that could injure project team members. He does not want to accept any risk where someone could become injured on this project so he hires a professional vendor to complete this portion of the project work. What type of risk response is Harry implementing?

  1. Transference
  2. Mitigation
  3. Acceptance
  4. Avoidance

Question 80

The Identify Risk process determines the risks that affect the project and document their characteristics. Why should the project team members be involved in the Identify Risk process?

  1. They are the individuals that will most likely cause and respond to the risk events.
  2. They are the individuals that will have the best responses for identified risks events within the project.
  3. They are the individuals that are most affected by the risk events.
  4. They are the individuals that will need a sense of ownership and responsibility for the risk events.