Which of the following is the MOST important data source for monitoring key risk indicators (KRIs)?

• A.Audit reports from internal information systems audits
• B.Directives from legal and regulatory authorities
• C.Trend analysis of external risk factors
• D.Automated logs collected from different systems

Comment: *

Name: *

Email: *

Verification: *

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.

Comment: *

Name: *

Email: *

Verification: *

The PRIMARY benefit associated with key risk indicators (KRIs) is that they:

• A.identify trends in the organization's vulnerabilities
• B.provide ongoing monitoring of emerging risk
• C.help an organization identify emerging threats
• D.benchmark the organization's risk profile

Comment: *

Name: *

Email: *

Verification: *

You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the project?

• A.5
• B.7
• C.1
• D.4

Correct Answer: D

Explanation/Reference:
Explanation:
Four risk response options are there to deal with negative risks or threats on the project objectives- avoid, transfer, mitigate, and accept.
Risk avoidance

Risk mitigation

Risk transfer

Risk acceptance

Incorrect Answers:
A, B ,C: These are incorrect choices as only 4 risk response are available to deal with negative risks.

Comment: *

Name: *

Email: *

Verification: *

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

Comment: *

Name: *

Email: *

Verification: *