Free Access to ISACA.CRISC.v2024-06-22.q384 with Valid Practice Test (Page 44)

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.

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

An IT license audit has revealed that there are several unlicensed copies of co be to:

A.procure the requisite licenses for the software to minimize business impact.
B.centralize administration rights on laptops so that installations are controlled
C.report the issue to management so appropriate action can be taken.
D.immediately uninstall the unlicensed software from the laptops

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

Which of the following is NOT true for risk governance?

A.Risk governance is based on the principles of cooperation, participation, mitigation and sustainability, and is adopted to achieve more effective risk management.
B.Risk governance requires reporting once a year.
C.Risk governance seeks to reduce risk exposure and vulnerability by filling gaps in risk policy.
D.Risk governance is a systemic approach to decision making processes associated to natural and technological risks.
E.Explanation:
Risk governance is a continuous life cycle that requires regular reporting and ongoing review, not
once a year.

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