Your project has several risks that may cause serious financial impact if they occur. You have studied the risk events and made some potential risk responses for the risk events but management wants you to do more.
They'd like you to create some type of a chart that identified the risk probability and impact with a financial amount for each risk event. What is the likely outcome of creating this type of chart?

• A.Risk response plan
• B.Contingency reserve
• C.Risk response
• D.Quantitative analysis

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Which of the following is the BEST way to quantify the likelihood of risk materialization?

• A.Compliance assessments
• B.Business impact analysis (BIA)
• C.Balanced scorecard
• D.Threat and vulnerability assessment

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Which of the following is the MOST effective way to integrate risk and compliance management?

• A.Conducting regular self-assessments to verify compliance
• B.Designing corrective actions to improve risk response capabilities
• C.Embedding risk management into compliance decision-making
• D.Embedding risk management into processes that are aligned with business drivers

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While defining the risk management strategies, what are the major parts to be determined first? Each correct answer represents a part of the solution. Choose two.

• A.IT architecture complexity
• B.Organizational objectives
• C.Risk tolerance
• D.Risk assessment criteria

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Which of the following is the BEST key performance indicator (KPI) for determining how well an IT policy is aligned to business requirements?

• A.Total cost of policy breaches
• B.Total cost to support the policy
• C.Number of inquiries regarding the policy
• D.Number of exceptions to the policy

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