Online Access Free ISACA.CRISC.v2024-04-02.q999 Practice Test (Page 168)

CRISC Exam Question 831

You are the project manager of GRT project. You discovered that by bringing on more qualified resources or by providing even better quality than originally planned, could result in reducing the amount of time required to complete the project. If your organization seizes this opportunity it would be an example of what risk response?

A.Enhance

B.Exploit

C.Accept

D.Share

E.Explanation:
Exploit response is one of the strategies to negate risks or threats that appear in a project. This strategy may be selected for risks with positive impacts where the organization wishes to ensure that the opportunity is realized. Exploiting a risk event provides opportunities forpositive impact on a project. Assigning more talented resources to the project to reduce the time to completion is an example of exploit response.

CRISC Exam Question 832

Which of the following is MOST critical to the design of relevant risk scenarios?

A.The scenarios are linked to probable organizational situations.

B.The scenarios are based on past incidents.

C.The scenarios are aligned with risk management capabilities.

D.The scenarios are mapped to incident management capabilities.

CRISC Exam Question 833

Ben works as a project manager for the MJH Project. In this project, Ben is preparing to identify stakeholders so he can communicate project requirements, status, and risks. Ben has elected to use a salience model as part of his stakeholder identification process. Which of the following activities best describes a salience model?

A.Describing classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (their involvement is appropriate).

B.Grouping the stakeholders based on their level of authority ("power") and their level or concern ("interest") regarding the project outcomes.

C.Influence/impact grid, grouping the stakeholders based on their active involvement ("influence") in the project and their ability to affect changes to the project's planning or execution ("impact").

D.Grouping the stakeholders based on their level of authority ("power") and their active involvement ("influence") in the project.

CRISC Exam Question 834

Which of the following is a PRIMARY benefit of engaging the risk owner during the risk assessment process?

A.Accurate measurement of loss impact

B.Early detection of emerging threats

C.Prioritization of risk action plans across departments

D.Identification of controls gaps that may lead to noncompliance

CRISC Exam Question 835

Which of the following is MOST important to consider before determining a response to a vulnerability?

A.Lack of data to measure threat events

B.Monetary value of the asset

C.The likelihood and impact of threat events

D.The cost to implement the risk response

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CRISC Exam Question 831

CRISC Exam Question 832

CRISC Exam Question 833

CRISC Exam Question 834

CRISC Exam Question 835

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