CRISC Practice Test

CRISC Practice Test practice questions, page 72 of 76, with answer review and explanations.

Question 356

Which of the following risk responses include feedback and guidance from well-qualified risk officials and those internal to the project?

  1. Contingent response strategy
  2. Risk Acceptance
  3. Expert judgment
  4. Risk transfer

Question 357

You are the risk professional of your enterprise. Your enterprise has introduced new systems in many departments. The business requirements that were to be addressed by the new system are still unfulfilled, and the process has been a waste of resources. Even if the system is implemented, it will most likely be underutilized and not maintained making it obsolete in a short period of time. What kind of risk is it?

  1. Inherent risk
  2. Business risk
  3. Project risk
  4. Residual risk

Question 358

Qualitative risk assessment uses which of the following terms for evaluating risk level? Each correct answer represents a part of the solution. (Choose two.)

  1. Impact
  2. Annual rate of occurrence
  3. Probability
  4. Single loss expectancy

Question 359

You are working in an enterprise. Your enterprise is willing to accept a certain amount of risk. What is this risk called?

  1. Hedging
  2. Aversion
  3. Appetite
  4. Tolerance

Question 360

You are the project manager of the NNN Project. Stakeholders in the two-year project have requested to send status reports to them via. email every week. You have agreed and send reports every Thursday. After six months of the project, the stakeholders are pleased with the project progress and they would like you to reduce the status reports to every two weeks. What process will examine the change to this project process and implement it in the project?

  1. Configuration management
  2. Communications management
  3. Perform integrated change control process
  4. Project change control process