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What is the MOST important reason to maintain Key Risk Indicators?
You are the project manager of GHT project. You have selected appropriate Key Risk Indicators for your project. Now, you need to maintain those Key Risk Indicators. What is the MOST important reason to maintain Key Risk Indicators?A . Risk reports need to be timelyB . Complex metrics require fine-tuningC...
What you should do before relying on any of the controls?
You are the project manager of GHT project. You have planned the risk response process and now you are about to implement various controls. What you should do before relying on any of the controls?A . Review performance dataB . Discover risk exposureC . Conduct pilot testingD . Articulate riskView...
Which of the following BEST describes the utility of a risk?
Which of the following BEST describes the utility of a risk?A . The finance incentive behind the riskB . The potential opportunity of the riskC . The mechanics of how a risk worksD . The usefulness of the risk to individuals or groupsView AnswerAnswer: D Explanation: The utility of the...
Which of the following components of risk scenarios has the potential to generate internal or external threat on an enterprise?
Which of the following components of risk scenarios has the potential to generate internal or external threat on an enterprise?A . Timing dimensionB . EventsC . AssetsD . ActorsView AnswerAnswer: D Explanation: Components of risk scenario that are needed for its analysis are: - Actor: Actors are those components of...
What will be the Single Loss Expectancy of this project?
You are the project manager of the HGT project in Bluewell Inc. The project has an asset valued at $125,000 and is subjected to an exposure factor of 25 percent. What will be the Single Loss Expectancy of this project?A . $ 125,025B . $ 31,250C . $ 5,000D ....
Which of the following is an administrative control?
Which of the following is an administrative control?A . Water detectionB . Reasonableness checkC . Data loss prevention programD . Session timeoutView AnswerAnswer: C
What should Jenny do with these risk events?
Jenny is the project manager for the NBT projects. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process. During this process she and the project team uncover several risks events that were not previously identified. What should Jenny do with...
Which one of the following statements best addresses when a project risk actually happens?
You are a project manager for your organization and you're working with four of your key stakeholders. One of the stakeholders is confused as to why you're not discussing the current problem in the project during the risk identification meeting. Which one of the following statements best addresses when a...
What is the best reason for the duplicate risk identification sessions?
You are the project manager of a large construction project. This project will last for 18 months and will cost $750,000 to complete. You are working with your project team, experts, and stakeholders to identify risks within the project before the project work begins. Management wants to know why you...
This scenario is demonstrating which of the following form?
You are working on a project in an enterprise. Some part of your project requires e-commerce, but your enterprise choose not to engage in e-commerce. This scenario is demonstrating which of the following form?A . risk avoidanceB . risk treatmentC . risk acceptanceD . risk transferView AnswerAnswer: A Explanation: Each...
