is incorrect. There is no such model exists in risk management process. Answer:B is incorrect. Decision tree analysis is a risk analysis tool that can help the project manager in determining the best risk response. The tool can be used to measure probability, impact, and risk exposure and how the selected risk response can affect the probability and/or impact of the selected risk event. It helps to form a balanced image of the risks andopportunitiesconnected with each possible course of action. This makes them mostly useful for choosing between different strategies, projects, or investment opportunities particularly when the resources are limited. A decision tree is a decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility. Answer:C is incorrect. Fishbone diagrams or Ishikawa diagrams shows the relationships between the causes and effects of problems.

Section: Volume A
Explanation:
All identified risk events should be entered into the risk register.
A risk register is an inventory of risks and exposure associated with those risks. Risks are commonly found in project management practices, and provide information to identify, analyze, and manage risks. Typically a risk register contains:
* A description of the risk
* The impact should this event actually occur
* The probability of its occurrence
* Risk Score (the multiplication of Probability and Impact)
* A summary of the planned response should the event occur
* A summary of the mitigation (the actions taken in advance to reduce the probability and/or impact of the event)
* Ranking of risks by Risk Score so as to highlight the highest priority risks to all involved.
Incorrect Answers:
A: Before the risk events are analyzed they should be documented in the risk register.
B: The risks should first be documented and analyzed.
D: These risks should first be identified, documented, passed through qualitative risk analysis and then it should be determined if they should pass through the quantitative risk analysis process.

Explanation/Reference:
Explanation:
Audit and accountability family of controls helps an organization implement an effective audit program. It provides details on how to determine what to audit. It provides details on how to protect the audit logs. It also includes information on using audit logs for non-repudiation.
Incorrect Answers:
B: Access Control is the family of controls that helps an organization implement effective access control.
They ensure that users have the rights and permissions they need to perform their jobs, and no more. It includes principles such as least privilege and separation of duties.
Audit and accountability family of controls do not help in implementing effective access control.

Section: Volume A
Explanation:
As regular audits can spot gaps in information security compliance, periodic audits can ensure that outsourced service provider comply with the enterprise's information security policy.
Incorrect Answers:
A: Penetration testing can identify security vulnerability, but cannot ensure information compliance.
B: Service level monitoring can only identify operational issues in the enterprise's operational environment. It does not play any role in ensuring that outsourced service provider complies with the enterprise's information security policy.
C: Training can increase user awareness of the information security policy, but is less effective than periodic auditing.