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NEW QUESTION 39
The PRIMARY goal of a risk management program is to:
Answer: D
NEW QUESTION 40
You are the risk control professional of your enterprise. You have implemented a tool that correlates information from multiple sources. To which of the following do this monitoring tool focuses?
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Monitoring tools that focuses on transaction data generally correlate information from one system to another, such as employee data from the human resources (HR) system with spending information from the expense system or the payroll system.
Incorrect Answers:
B: Process integrity is confirmed within the system, it dose not need monitoring.
C: Configuration settings are generally compared against predefined values and not based on the correlation between multiple sources.
D: System changes are compared from a previous state to the current state, it dose not correlate information from multiple sources.
NEW QUESTION 41
You are the project manager of the GHY project for your company. This project has a budget of $543,000 and is expected to last 18 months. In this project, you have identified several risk events and created risk response plans. In what project management process group will you implement risk response plans?
The monitor and control project risk process resides in the monitoring and controlling project
management process group. This process is responsible for implementing risk response plans,
tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk
process effectiveness through the project.
Answer: F
Explanation:
is incorrect. Risk response plans are implemented as part of the monitoring and
controlling process group.
NEW QUESTION 42
Which of the following is MOST important to the integrity of a security log?
Answer: D
NEW QUESTION 43
You work as a project manager for TechSoft Inc. You are working with the project stakeholders on the qualitative risk analysis process in youproject. You have used all the tools to the qualitative risk analysis process in your project. Which of the following techniques is NOT used asa tool in qualitative risk analysis process?
You will not need the Risk Reassessment technique to perform qualitative risk analysis. It is one of
the techniques used to monitor and control risks.C. Risk CategorizationD. Risk Data Quality AssessmentE. Risk Urgency Assessment
Answer: A
Explanation:
A, and C are incorrect.
The tools and techniques for Qualitative Risk Analysis process are as follows :
Risk Probability and Impact Assessment: Risk probability assessment investigates the chances of
a particular risk to occur.
Risk Impact Assessment investigates the possible effects on the project objectives such as cost,
quality, schedule, or performance, including positive opportunities and negative threats.
Probability and Impact Matrix: Estimation of risk's consequence and priority for awareness is
conducted by using a look-up table or the probability and impact matrix. This matrix specifies the
mixture of probability and impact that directs to rating the risks as low, moderate, or high priority.
Risk Data Quality Assessment: Investigation of quality of risk data is a technique to calculate the
degree to which the data about risks are useful for risk management.
Risk Categorization: Risks to the projects can be categorized by sources of risk, the area of
project affected and other valuable types to decide the areas of the project most exposed to the
effects of uncertainty.
Risk Urgency Assessment: Risks that requires near-term responses are considered more urgent
to address.
Expert Judgment: It is required to categorize the probability and impact of each risk to determine
its location in the matrix.
NEW QUESTION 44
......
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