CRISC Practice Test

CRISC Practice Test practice questions, page 75 of 76, with answer review and explanations.

Question 371

You are the project manager of GHT project. A risk event has occurred in your project and you have identified it. Which of the following tasks you would do in reaction to risk event occurrence? Each correct answer represents a part of the solution. (Choose three.)

  1. Monitor risk
  2. Maintain and initiate incident response plans
  3. Update risk register
  4. Communicate lessons learned from risk events

Question 372

Which of the following parameters would affect the prioritization of the risk responses and development of the risk response plan? Each correct answer represents a complete solution. (Choose three.)

  1. Importance of the risk
  2. Time required to mitigate risk.
  3. Effectiveness of the response
  4. Cost of the response to reduce risk within tolerance levels

Question 373

Which of the following come under the management class of controls? Each correct answer represents a complete solution. (Choose two.)

  1. Risk assessment control
  2. Audit and accountability control
  3. Program management control
  4. Identification and authentication control

Question 374

Which of the following parameters are considered for the selection of risk indicators? Each correct answer represents a part of the solution. (Choose three.)

  1. Size and complexity of the enterprise
  2. Type of market in which the enterprise operates
  3. Risk appetite and risk tolerance
  4. Strategy focus of the enterprise

Question 375

David is the project manager of HRC project. He concluded while HRC project is in process that if he adopts e-commerce, his project can be more fruitful. But he did not engage in electronic commerce (e-commerce) so that he would escape from risk associated with that line of business. What type of risk response had he adopted?

  1. Acceptance
  2. Avoidance
  3. Exploit
  4. Enhance