Question 2

You are the project manager for your company and a new change request has been approved for your project. This change request, however, has introduced several new risks to the project. You have communicated these risk events and the project stakeholders understand the possible effects these risks could have on your project. You elect to create a mitigation response for the identified risk events. Where will you record the mitigation response?

Question 3

Thomas is a key stakeholder in your project. Thomas has requested several changes to the project scope for the project you are managing.Upon review of the proposed changes, you have discovered that these new requirements are laden with risks and you recommend to the change control board that the changes be excluded from the project scope. The change control board agrees with you. What component of the change control system communicates the approval or denial of a proposed change request?

Question 4

Which of the following is the process of numerically analyzing the effects of identified risks on the overall enterprise's objectives?

Question 5

Which of the following is a technique that provides a systematic description of the combination of unwanted occurrences in a system?

Question 6

What is the PRIMARY need for effectively assessing controls?

Question 7

Your project is an agricultural-based project that deals with plant irrigation systems. You have discovered a byproduct in your project that your organization could use to make a profit. If your organization seizes this opportunity it would be an example of what risk response?

Question 8

What are the PRIMARY objectives of a control?

Question 9

You are the project manager for the NHH project. You are working with your project team to examine the project from four different defined perspectives to increase the breadth of identified risks by including internally generated risks. What risk identification approach are you using in this example?

Question 10

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?

Question 11

You are the project manager of the NKJ Project for your company. The project's success or failure will have a significant impact on your organization's profitability for the coming year. Management has asked you to identify the risk events and communicate the event's probability and impact as early as possible in the project.Management wants to avoid risk events and needs to analyze the cost-benefits of each risk event in this project. What term is assigned to the low-level of stakeholder tolerance in this project?

Question 12

You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the project?

Question 13

If one says that the particular control or monitoring tool is sustainable, then it refers to what ability?

Question 14

You are the project manager of the NHQ project in Bluewell Inc. The project has an asset valued at $200,000 and is subjected to an exposure factor of 45 percent.If the annual rate of occurrence of loss in this project is once a month, then what will be the Annual Loss Expectancy (ALE) of the project?

Question 15

An organization has outsourced an application to a Software as a Service (SaaS) provider. The risk associated with the use of this service should be owned by the:

Question 16

Which of the following controls would BEST decrease exposure if a password is compromised?

Question 17

Which of the following is MOST helpful to ensure effective security controls for a cloud service provider?

Question 18

The BEST method to align an organization's business continuity plan (BCP) and disaster recovery plan (DRP) with core business needs to:

Question 19

Which of the following is the MOST effective key performance indicator (KPI) for change management?

Question 20

Which of the following elements of a risk register is MOST likely to change as a result of change in management's risk appetite?