What are the various outputs of risk response?

• A.Risk Priority Number
• B.Residual risk
• C.Risk register updates
• D.Project management plan and Project document updates
• E.Risk-related contract decisions
• F.Explanation:
  The outputs of the risk response planning process are: Risk Register Updates: The risk register is written in detail so that it can be related to the priority ranking and the planned response. Risk Related Contract Decisions: Risk related contract decisions are the decisions to transmit risk, such as services, agreements for insurance, and other items as required. It provides a means for sharing risks. Project Management Plan Updates: Some of the elements of the project management plan updates are: Schedule management plan Cost management plan Quality management plan Procurement management plan Human resource management plan Work breakdown structure Schedule baseline Cost performance baseline Project Document Updates: Some of the project documents that can be updated includes: Assumption log updates Technical documentation updates

Comment: *

Name: *

Email: *

Verification: *

An IT operations team implements disaster recovery controls based on decisions from application owners regarding the level of resiliency needed. Who is the risk owner in this scenario?

• A.Business resilience manager
• B.Disaster recovery team lead
• C.IT operations manager
• D.Application owner

Comment: *

Name: *

Email: *

Verification: *

To implement the MOST effective monitoring of key risk indicators (KRIs), which of the following needs to be in place?

• A.Automated data feed
• B.Controls monitoring
• C.Escalation procedures
• D.Threshold definition

Comment: *

Name: *

Email: *

Verification: *

Which of the following should be management's PRIMARY consideration when approving risk response action plans?

• A.Ease of implementing the risk treatment solution
• B.Prioritization for implementing the action plans
• C.Ability of the action plans to address multiple risk scenarios
• D.Changes in residual risk after implementing the plans

Comment: *

Name: *

Email: *

Verification: *

Which of the following BEST facilitates the identification of appropriate key performance indicators (KPIs) for a risk management program?

• A.Reviewing control objectives
• B.Consulting risk owners
• C.Aligning with industry best practices
• D.Evaluating KPIs in accordance with risk appetite

Comment: *

Name: *

Email: *

Verification: *