CRISC Practice Test practice questions, page 38 of 76, with answer review and explanations.
Question 186
Beth is a project team member on the JHG Project. Beth has added extra features to the project and this has introduced new risks to the project work. The project manager of the JHG project elects to remove the features Beth has added. The process of removing the extra features to remove the risks is called what?
Detective control
Preventive control
Corrective control
Scope creep
Question 187
You are the project manager of the GHT project. This project will last for 18 months and has a project budget of $567,000. Robert, one of your stakeholders, has introduced a scope change request that will likely have an impact on the project costs and schedule. Robert assures you that he will pay for the extra time and costs associated with the risk event. You have identified that change request may also affect other areas of the project other than just time and cost. What project management component is responsible for evaluating a change request and its impact on all of the project management knowledge areas?
Configuration management
Integrated change control
Risk analysis
Project change control system
Question 188
While developing obscure risk scenarios, what are the requirements of the enterprise? Each correct answer represents a part of the solution. (Choose two.)
Have capability to cure the risk events
Have capability to recognize an observed event as something wrong
Have sufficient number of analyst
Be in a position that it can observe anything going wrong
Question 189
You are the project manager of GHT project. During the data extraction process, you evaluated the total number of transactions per year by multiplying the monthly average by twelve. This process of evaluating total number of transactions is known as?
Duplicates test
Controls total
Simplistic and ineffective
Reasonableness test
Question 190
You are the project manager of the KJH Project and are working with your project team to plan the risk responses. Consider that your project has a budget of $500,000 and is expected to last six months. Within the KJH Project you have identified a risk event that has a probability of .70 and has a cost impact of $350,000. When it comes to creating a risk response for this event what is the risk exposure of the event that must be considered for the cost of the risk response?