Which of the following provides the MOST helpful reference point when communicating the results of a risk assessment to stakeholders?

• A.Risk awareness
• B.Risk appetite
• C.Risk tolerance
• D.Risk policy

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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

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You work as a project manager for BlueWell Inc. You are preparing for the risk identification process. You will need to involve several of the project's key stakeholders to help you identify and communicate the identified risk events. You will also need several documents to help you and the stakeholders identify the risk events. Which one of the following is NOT a document that will help you identify and communicate risks within the project?

• A.Stakeholder registers
• B.Activity duration estimates
• C.Activity cost estimates
• D.Risk register

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When reviewing a report on the performance of control processes, it is MOST important to verify whether the:

• A.residual risk objectives have been achieved.
• B.business process objectives have been met.
• C.control adheres to regulatory standards.
• D.control process is designed effectively.

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You are working as the project manager of the ABS project. The project is for establishing a computer network in a school premises. During the project execution, the school management asks to make the campus Wi-Fi enabled. You know that this may impact the project adversely. You have discussed the change request with other stakeholders. What will be your NEXT step?

• A.Update project management plan.
• B.Issue a change request.
• C.Analyze the impact.
• D.Update risk management plan.
• E.Explanation:
  The first step after receiving any change request in a project must be first analyzed for its impact.
  Changes may be requested by any stakeholder involved with the project. Although, they may be
  initiated verbally, they should always be recorded in written form and entered into the change
  management and/or configuration management.

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