Free Access ISACA.CRISC.v2022-05-05.q821 Practice Test (Page 38)

Question 181

The PRIMARY benefit of classifying information assets is that it helps to:

A.determine the appropriate level of control.

B.facilitate internal audit.

C.assign risk ownership.

D.communicate risk to senior management.

Question 182

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?

A.Data gathering and representation techniques

B.Expert judgment

C.Quantitative risk analysis and modeling techniques

D.Organizational process assets

E.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

Question 183

Which of the following decision tree nodes have probability attached to their branches?

A.Root node

B.Event node

C.End node

D.Decision node

Question 184

When developing IT risk scenarios, it is MOST important to consider:

A.external audit findings.

B.the organization's threat profile.

C.executive management directives.

D.organizational objectives.

Question 185

John is the project manager of the NHQ Project for his company. His project has 75 stakeholders, some of which are external to the organization. John needs to make certain that he communicates about risk in the most appropriate method for the external stakeholders. Which project management plan will be the best guide for John to communicate to the external stakeholders?

A.Risk Response Plan

B.Communications Management Plan

C.Project Management Plan

D.Risk Management Plan

E.Explanation:
The Communications Management Plan will direct John on the information to be communicated, when to communicate, and how to communicate with external stakeholders. The Communications Management Plan aims to define the communication necessities for the project and how the information will be circulated. The Communications Management Plan sets the communication structure for the project. This structure provides guidance for communication throughout the project's life and is updated as communication needs change. The Communication Managements Plan identifies and defines the roles of persons concerned with the project. It includes a matrix known as the communication matrix to map the communication requirements of the project.

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