CRISC Practice Test

CRISC Practice Test practice questions, page 4 of 76, with answer review and explanations.

Question 16

Which of the following processes is described in the statement below? "It is the process of exchanging information and views about risks among stakeholders, such as groups, individuals, and institutions."

  1. Risk governance
  2. Risk identification
  3. Risk response planning
  4. Risk communication

Question 17

You are an experienced Project Manager that has been entrusted with a project to develop a machine which produces auto components. You have scheduled meetings with the project team and the key stakeholders to identify the risks for your project. Which of the following is a key output of this process?

  1. Risk Register
  2. Risk Management Plan
  3. Risk Breakdown Structure
  4. Risk Categories

Question 18

Which of the following components of risk scenarios has the potential to generate internal or external threat on an enterprise?

  1. Timing dimension
  2. Events
  3. Assets
  4. Actors

Question 19

You are the project manager of GHT project. You have planned the risk response process and now you are about to implement various controls. What you should do before relying on any of the controls?

  1. Review performance data
  2. Discover risk exposure
  3. Conduct pilot testing
  4. Articulate risk

Question 20

Which of the following is NOT true for risk management capability maturity level 1?

  1. There is an understanding that risk is important and needs to be managed, but it is viewed as a technical issue and the business primarily considers the downside of IT risk
  2. Decisions involving risk lack credible information
  3. Risk appetite and tolerance are applied only during episodic risk assessments
  4. Risk management skills exist on an ad hoc basis, but are not actively developed