CRISC Practice Test practice questions, page 63 of 76, with answer review and explanations.
Question 311
Henry is the project sponsor of the JQ Project and Nancy is the project manager. Henry has asked Nancy to start the risk identification process for the project, but Nancy insists that the project team be involved in the process. Why should the project team be involved in the risk identification?
So that the project team can develop a sense of ownership for the risks and associated risk responsibilities.
So that the project manager can identify the risk owners for the risks within the project and the needed risk responses.
So that the project manager isn't the only person identifying the risk events within the project.
So that the project team and the project manager can work together to assign risk ownership.
Question 312
Which of the following establishes mandatory rules, specifications and metrics used to measure compliance against quality, value, etc.?
Framework
Legal requirements
Standard
Practices
Question 313
You are the project manager of your enterprise. While performing risk management, you are given a task to identify where your enterprise stands in certain practice and also to suggest the priorities for improvements. Which of the following models would you use to accomplish this task?
Capability maturity model
Decision tree model
Fishbone model
Simulation tree model
Question 314
You are the risk official in Techmart Inc. You are asked to perform risk assessment on the impact of losing a server. For this assessment you need to calculate monetary value of the server. On which of the following bases do you calculate monetary value?
Cost to obtain replacement
Original cost to acquire
Annual loss expectancy
Cost of software stored
Question 315
Which of the following is the BEST way of managing risk inherent to wireless network?
Enabling auditing on every host that connects to a wireless network
Require private, key-based encryption to connect to the wireless network
Require that every host that connect to this network have a well-tested recovery plan
Enable auditing on every connection to the wireless network