CRISC Practice Test practice questions, page 3 of 76, with answer review and explanations.
Question 11
You are the project manager of GHT project. Your project team is in the process of identifying project risks on your current project. The team has the option to use all of the following tools and techniques to diagram some of these potential risks EXCEPT for which one?
Process flowchart
Ishikawa diagram
Influence diagram
Decision tree diagram
Question 12
Which of the following BEST describes the utility of a risk?
The finance incentive behind the risk
The potential opportunity of the risk
The mechanics of how a risk works
The usefulness of the risk to individuals or groups
Question 13
Which of the following aspect of monitoring tool ensures that the monitoring tool has the ability to keep up with the growth of an enterprise?
Scalability
Customizability
Sustainability
Impact on performance
Question 14
You are the project manager in your enterprise. You have identified risk that is noticeable failure threatening the success of certain goals of your enterprise. In which of the following levels do this identified risk exists?
Moderate risk
High risk
Extremely high risk
Low risk
Question 15
Courtney is the project manager for her organization. She is working with the project team to complete the qualitative risk analysis for her project. During the analysis Courtney encourages the project team to begin the grouping of identified risks by common causes. What is the primary advantage to group risks by common causes during qualitative risk analysis?
It helps the project team realize the areas of the project most laden with risks.
It assist in developing effective risk responses.
It saves time by collecting the related resources, such as project team members, to analyze the risk events.
It can lead to the creation of risk categories unique to each project.