CRISC Practice Test practice questions, page 48 of 76, with answer review and explanations.
Question 236
You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the project?
5
7
1
4
Question 237
You are the project manager for your organization. You are preparing for the quantitative risk analysis. Mark, a project team member, wants to know why you need to do quantitative risk analysis when you just completed qualitative risk analysis. Which one of the following statements best defines what quantitative risk analysis is?
Quantitative risk analysis is the review of the risk events with the high probability and the highest impact on the project objectives.
Quantitative risk analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.
Quantitative risk analysis is the process of numerically analyzing the effect of identified risks on overall project objectives.
Quantitative risk analysis is the planning and quantification of risk responses based on probability and impact of each risk event.
Question 238
You are the project manager of your enterprise. You have identified new threats, and then evaluated the ability of existing controls to mitigate risk associated with new threats. You noticed that the existing control is not efficient in mitigating these new risks. What are the various steps you could take in this case? Each correct answer represents a complete solution. (Choose three.)
Education of staff or business partners
Deployment of a threat-specific countermeasure
Modify of the technical architecture
Apply more controls
Question 239
Which of the following risks is associated with not receiving the right information to the right people at the right time to allow the right action to be taken?
Relevance risk
Integrity risk
Availability risk
Access risk
Question 240
Kelly is the project manager of the NNQ Project for her company. This project will last for one year and has a budget of $350,000. Kelly is working with her project team and subject matter experts to begin the risk response planning process. What are the two inputs that Kelly would need to begin the plan risk response process?