CRISC Practice Test

CRISC Practice Test practice questions, page 35 of 76, with answer review and explanations.

Question 171

You are the project manager of HGT project. You are in the first phase of the risk response process and are doing following tasks : Communicating risk analysis results Reporting risk management activities and the state of compliance Interpreting independent risk assessment findings Identifying business opportunities Which of the following process are you performing?

  1. Articulating risk
  2. Mitigating risk
  3. Tracking risk
  4. Reporting risk

Question 172

Which of the following BEST measures the operational effectiveness of risk management capabilities?

  1. Capability maturity models (CMMs)
  2. Metric thresholds
  3. Key risk indicators (KRIs)
  4. Key performance indicators (KPIs)

Question 173

You are the project manager of GHT project. You have initiated the project and conducted the feasibility study. What result would you get after conducting feasibility study? Each correct answer represents a complete solution. (Choose two.)

  1. Recommend alternatives and course of action
  2. Risk response plan
  3. Project management plan
  4. Results of criteria analyzed, like costs, benefits, risk, resources required and organizational impact

Question 174

Your project change control board has approved several scope changes that will drastically alter your project plan. You and the project team set about updating the project scope, the WBS, the WBS dictionary, the activity list, and the project network diagram. There are also some changes caused to the project risks, communication, and vendors. What also should the project manager update based on these scope changes?

  1. Stakeholder identification
  2. Vendor selection process
  3. Quality baseline
  4. Process improvement plan

Question 175

You are the risk control professional of your enterprise. You have implemented a tool that correlates information from multiple sources. To which of the following do this monitoring tool focuses?

  1. Transaction data
  2. Process integrity
  3. Configuration settings
  4. System changes