Which of the following is the FOREMOST root cause of project risk?
Each correct answer represents a complete solution. Choose two.

• A.New system is not meeting the user business needs
• B.Delay in arrival of resources
• C.Lack of discipline in managing the software development process
• D.Selection of unsuitable project methodology

Correct Answer: C,D

Explanation/Reference:
Explanation:
The foremost root cause of project risk is:
A lack of discipline in managing the software development process

Selection of a project methodology that is unsuitable to the system being developed

Incorrect Answers:
A: The risk associated with new system is not meeting the user business needs is business risks, not project risk.
B: This is not direct reason of project risk.

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Which of the following should be an element of the risk appetite of an organization?

• A.The enterprise's capacity to absorb loss
• B.The effectiveness of compensating controls
• C.The amount of inherent risk considered appropriate
• D.The residual risk affected be preventive controls

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Business management is seeking assurance from the CIO that IT has a plan in place for early identification of potential issues that could impact the delivery of a new application Which of the following is the BEST way to increase the chances of a successful delivery'?

• A.Conduct comprehensive regression testing.
• B.Implement a release and deployment plan
• C.Include business management on a weekly risk and issues report
• D.Develop enterprise-wide key risk indicators (KRls)

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A bank has outsourced its statement printing function to an external service provider. Which of the following is the MOST critical requirement to include in the contract?

• A.Notification of sub-contracting arrangements
• B.Monitoring of service costs
• C.Provision of internal audit reports
• D.Confidentiality of customer data

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

• A.Risk management plan
• B.Project management plan
• C.Risk response plan
• D.Risk register
• E.Explanation:
  All risks, their responses, and other characteristics are documented in the risk register. As the project progresses and the conditions of the risk events change, the risk register should be updated to reflect the risk conditions.

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