CRISC Practice Test

CRISC Practice Test practice questions, page 42 of 76, with answer review and explanations.

Question 206

Which of the following is the PRIMARY requirement before choosing Key performance indicators of an enterprise?

  1. Determine size and complexity of the enterprise
  2. Prioritize various enterprise processes
  3. Determine type of market in which the enterprise operates
  4. Enterprise must establish its strategic and operational goals

Question 207

You are the project manager of project for a client. The client has promised your company a bonus, if the project is completed early. After studying the project work, you elect to crash the project in order to realize the early end date. This is an example of what type of risk response?

  1. Negative risk response, because crashing will add risks.
  2. Positive risk response, as crashing is an example of enhancing.
  3. Positive risk response, as crashing is an example of exploiting.
  4. Negative risk response, because crashing will add costs.

Question 208

Judy has identified a risk event in her project that will have a high probability and a high impact. Based on the requirements of the project, Judy has asked to change the project scope to remove the associated requirement and the associated risk. What type of risk response is this?

  1. Exploit
  2. Not a risk response, but a change request
  3. Avoidance
  4. Transference

Question 209

You are the risk professional of your enterprise. You have performed cost and benefit analysis of control that you have adopted. What are all the benefits of performing cost and benefit analysis of control? Each correct answer represents a complete solution. (Choose three.)

  1. It helps in determination of the cost of protecting what is important
  2. It helps in taking risk response decisions
  3. It helps in providing a monetary impact view of risk
  4. It helps making smart choices based on potential risk mitigation costs and losses

Question 210

You are the project manager of GHT project. You want to perform post-project review of your project. What is the BEST time to perform post-project review by you and your project development team to access the effectiveness of the project?

  1. Project is completed and the system has been in production for a sufficient time period
  2. During the project
  3. Immediately after the completion of the project
  4. Project is about to complete