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Question 1:

Which of the following is the MOST important reason to maintain key risk indicators (KRIs)?

A. In order to avoid risk

B. Complex metrics require fine-tuning

C. Risk reports need to be timely

D. Threats and vulnerabilities change over time

Correct Answer: D


Question 2:

You are the project manager of a HGT project that has recently finished the final compilation process. The project customer has signed off on the project completion and you have to do few administrative closure activities. In the project, there were several large risks that could have wrecked the project but you and your project team found some new methods to resolve the risks without affecting the project costs or project completion date. What should you do with the risk responses that you have identified during the project\’s monitoring and controlling process?

A. Include the responses in the project management plan.

B. Include the risk responses in the risk management plan.

C. Include the risk responses in the organization\’s lessons learned database.

D. Nothing. The risk responses are included in the project\’s risk register already.

Correct Answer: C


Question 3:

You are the risk official in Bluewell Inc. You are supposed to prioritize several risks. A risk has a rating for occurrence, severity, and detection as 4, 5, and 6, respectively. What Risk Priority Number (RPN) you would give to it?

A. 120

B. 100

C. 15

D. 30

Correct Answer: A


Question 4:

Which of the following is the MOST important use of KRIs?

A. Providing a backward-looking view on risk events that have occurred

B. Providing an early warning signal

C. Providing an indication of the enterprise\’s risk appetite and tolerance

D. Enabling the documentation and analysis of trends

Correct Answer: B


Question 5:

Which of the following role carriers will decide the Key Risk Indicator of the enterprise? Each correct answer represents a part of the solution. Choose two.

A. Business leaders

B. Senior management

C. Human resource

D. Chief financial officer

Correct Answer: AB


CRISC PDF DumpsCRISC Practice TestCRISC Exam Questions

Question 6:

You work as the project manager for Bluewell Inc. Your project has several risks that will affect several stakeholder requirements. Which project management plan will define who will be available to share information on the project risks?

A. Resource Management Plan

B. Risk Management Plan

C. Stakeholder management strategy

D. Communications Management Plan

Correct Answer: D


Question 7:

Which of the following controls is an example of non-technical controls?

A. Access control

B. Physical security

C. Intrusion detection system

D. Encryption

Correct Answer: B


Question 8:

You are the project manager of GHT project. Your project team is in the process of identifying project risks on your current project. The team has the option to use all of the following tools and techniques to diagram some of these potential risks EXCEPT for which one?

A. Process flowchart

B. Ishikawa diagram

C. Influence diagram

D. Decision tree diagram

Correct Answer: D


Question 9:

Which of the following BEST describes the utility of a risk?

A. The finance incentive behind the risk

B. The potential opportunity of the risk

C. The mechanics of how a risk works

D. The usefulness of the risk to individuals or groups

Correct Answer: D


Question 10:

Which of the following aspect of monitoring tool ensures that the monitoring tool has the ability to keep up with the growth of an enterprise?

A. Scalability

B. Customizability

C. Sustainability

D. Impact on performance

Correct Answer: A


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