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NEW QUESTION # 1060
Which of the following will BEST help in communicating strategic risk priorities?
Answer: C
NEW QUESTION # 1061
Beth is a project team member on the JHG Project. Beth has added extra features to the project and this has introduced new risks to the project work. The project manager of the JHG project elects to remove the features Beth has added. The process of removing the extra features to remove the risks is called what?
Answer: A
Explanation:
is incorrect. Scope creep refers to small undocumented changes to the project scope.
NEW QUESTION # 1062
Reviewing which of the following BEST helps an organization gain insight into its overall risk profile?
Answer: A
Explanation:
Reviewing the risk register is the best way to help an organization gain insight into its overall risk profile, because it provides a comprehensive and structured representation of all the key risks that the organization faces, along with their likelihood, impact, and response strategies. A risk register is a tool that records and tracks the current status of risks, their sources, causes, consequences, and controls. A risk register helps to facilitate the communication and reporting of risks, and to support the risk-based decision making and prioritization. A risk profile is a summary of the key risks that an organization faces, and their implications for the organization's objectives and strategy. Reviewing the risk register is the best way to understand the risk profile, as it reflects the nature and level of exposure that the organization has from the various risk sources and scenarios. Reviewing the threat landscape, the risk appetite, and the risk metrics are all useful ways to help an organization gain insight into its overall risk profile, but they are not the best way, as they do not provide a comprehensive and structured view of the risks and their responses. References = Risk and Information Systems Control Study Manual, Chapter 3, Section 3.2.1, page 83
NEW QUESTION # 1063
You work as a project manager for BlueWell Inc. You are about to complete the quantitative risk analysis process for your project. You can use three available tools and techniques to complete this process. Which one of the following is NOT a tool or technique that is appropriate for the quantitative risk analysis process?
Answer: A
Explanation:
Section: Volume C
Explanation:
Organizational process asset is not a tool and technique, but an input to the quantitative risk analysis process.
Quantitative Risk Analysis is a process to assess the probability of achieving particular project objectives, to quantify the effect of risks on the whole project objective, and to prioritize the risks based on the impact to overall project risk. Quantitative Risk Analysis process analyzes the affect of a risk event deriving a numerical value. It also presents a quantitative approach to build decisions in the presence of uncertainty. The inputs for Quantitative Risk Analysis are:
* Organizational process assets
* Project Scope Statement
* Risk Management Plan
* Risk Register
* Project Management Plan
Incorrect Answers:
A: Data gathering and representation technique is a tool and technique for the quantitative risk analysis process.
B: Expert judgment is a tool and technique for the quantitative risk analysis process.
C: Quantitative risk analysis and modeling techniques is a tool and technique for the quantitative risk analysis process.
NEW QUESTION # 1064
Which of the following key performance indicators (KPis) would BEST measure me risk of a service outage
when using a Software as a Service (SaaS) vendors
Answer: C
Explanation:
Software as a Service (SaaS) is a cloud computing model that provides software applications over the internet,
without requiring the users to install or maintain them on their own devices. SaaS vendors are responsible for
hosting, managing, and updating the software applications, and providing technical support and security to the
users. The key performance indicator (KPI) that would best measure the risk of a service outage when using a
SaaS vendor is the frequency and duration of unplanned downtime, which is the amount and length of time
that the software applications are unavailable or inaccessible due to unexpected events, such as network
failures, server crashes, power outages, cyberattacks, etc. The frequency and duration of unplanned downtime
indicate the reliability and availability of the SaaS vendor, and the potential impact of the service outage on
the users' business operations and productivity. References = 3
NEW QUESTION # 1065
......
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