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NEW QUESTION 51
When developing a new risk register, a risk practitioner should focus on which of the following risk management activities?
- A. Risk monitoring and control
- B. Risk identification
- C. Risk response planning
- D. Risk management strategy planning
Answer: A
NEW QUESTION 52
Numerous media reports indicate a recently discovered technical vulnerability is being actively exploited. Which of the following would be the BEST response to this scenario?
- A. Assess the vulnerability management process.
- B. Conduct a control serf-assessment.
- C. Conduct a vulnerability assessment.
- D. Reassess the inherent risk of the target.
Answer: C
NEW QUESTION 53
Tom works as a project manager for BlueWell Inc. He is determining which risks can affect the project. Which of the following inputs of the identify risks process is useful in identifying risks, and provides a quantitative assessment of the likely cost to complete the scheduled activities?
- A. Cost management plan
- B. Explanation:
The activity cost estimates review is valuable in identifying risks as it provides a quantitative assessment of the expected cost to complete the scheduled activities and is expressed as a range, with a width of the range indicating the degrees of risk. - C. Activity cost estimates
- D. Risk management plan
- E. Activity duration estimates
Answer: B,C
Explanation:
is incorrect. This is the output of plan risk management process. A Risk management plan is a document arranged by a project manager to estimate the effectiveness, predict risks, and build response plans to mitigate them. It also consists of the risk assessment matrix. Answer:A is incorrect. The activity duration estimates review is valuable in identifying risks associated to the time allowances for the activities or projects as a whole, with a width of the range indicating the degrees of risk. Answer:C is incorrect. The cost management plan sets how the costs on a project are managed during the project's lifecycle. It defines the format and principles by which the project costs are measured, reported, and controlled. The cost management plan identifies the person responsible for managing costs, those who have the authority to approve changes to the project or its budget, and how cost performance is quantitatively calculated and reported upon.
NEW QUESTION 54
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