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  1. Home
  2. ISACA Certification
  3. CRISC Exam
  4. ISACA.CRISC.v2022-04-29.q944 Dumps
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Question 761

Which of the following is the MOST important component in a risk treatment plan?

Correct Answer: C
Section: Volume D
Explanation
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Question 762

The MOST important reason to monitor key risk indicators (KRIs) is to help management:

Correct Answer: C
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Question 763

The MAIN goal of the risk analysis process is to determine the:

Correct Answer: D
Section: Volume D
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Question 764

You are the project manager of GHT project. Your hardware vendor left you a voicemail saying that the delivery of the equipment you have ordered would not arrive on time. She wanted to give you a heads-up and asked that you return the call. Which of the following statements is TRUE?

Correct Answer: B
Section: Volume A
Explanation:
Triggers are warning signs of an upcoming risk event. Here delay in delivery signifies that there may be a risk event like delay in completion of project. Hence it is referred to as a trigger.
Incorrect Answers:
A: Residual risk is the risk that remains after applying controls. But here in this scenario, risk event has not occurred yet.
C: A contingency plan is a plan devised for a specific situation when things go wrong. Contingency plans are often devised by governments or businesses who want to be prepared for anything that could happen. Here there are no such plans.
D: Secondary risks are risks that come about as a result of implementing a risk response. But here in this scenario, risk event has not occurred yet.
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Question 765

Where are all risks and risk responses documented as the project progresses?

Correct Answer: D,E
is incorrect. The risk management plan addresses the project management's approach to risk management, risk identification, analysis, response, and control. Answer: C is incorrect. The risk response plan only addresses the planned risk responses for the identified risk events in the risk register. Answer: B is incorrect. The project management plan is the overarching plan for the project, not the specifics of the risk responses and risk identification.
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