CRISC Practice Test

CRISC Practice Test practice questions, page 67 of 76, with answer review and explanations.

Question 331

A project team member has just identified a new project risk. The risk event is determined to have significant impact but a low probability in the project. Should the risk event happen it'll cause the project to be delayed by three weeks, which will cause new risk in the project. What should the project manager do with the risk event?

  1. Add the identified risk to a quality control management chart.
  2. Add the identified risk to the issues log.
  3. Add the identified risk to the risk register.
  4. Add the identified risk to the low-level risk watch-list.

Question 332

A teaming agreement is an example of what type of risk response?

  1. Acceptance
  2. Mitigation
  3. Transfer
  4. Share

Question 333

You are the project manager of HJT project. Important confidential files of your project are stored on a computer. Keeping the unauthorized access of this computer in mind, you have placed a hidden CCTV in the room, even on having protection password. Which kind of control CCTV is?

  1. Technical control
  2. Physical control
  3. Administrative control
  4. Management control

Question 334

You are preparing to complete the quantitative risk analysis process with your project team and several subject matter experts. You gather the necessary inputs including the project's cost management plan. Why is it necessary to include the project's cost management plan in the preparation for the quantitative risk analysis process?

  1. The project's cost management plan provides control that may help determine the structure for quantitative analysis of the budget.
  2. The project's cost management plan can help you to determine what the total cost of the project is allowed to be.
  3. The project's cost management plan provides direction on how costs may be changed due to identified risks.
  4. The project's cost management plan is not an input to the quantitative risk analysis process.

Question 335

You are the project manager for BlueWell Inc. Your current project is a high priority and high profile project within your organization. You want to identify the project stakeholders that will have the most power in relation to their interest on your project. This will help you plan for project risks, stakeholder management, and ongoing communication with the key stakeholders in your project. In this process of stakeholder analysis, what type of a grid or model should you create based on these conditions?

  1. Stakeholder power/interest grid
  2. Stakeholder register
  3. Influence/impact grid
  4. Salience model