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  2. ISACA Certification
  3. CRISC Exam
  4. ISACA.CRISC.v2024-06-22.q384 Dumps
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Question 316

An organization's HR department has implemented a policy requiring staff members to take a minimum of five consecutive days leave per year to mitigate the risk of malicious insider activities. Which of the following is the BEST key performance indicator (KPI) of the effectiveness of this policy?

Correct Answer: C
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Question 317

John is the project manager of the HGH Project for her company. He and his project team have agreed that if the vendor is late by more than ten days they will cancel the order and hire the NBG Company to fulfill the order. The NBG Company can guarantee orders within three days, but the costs of their products are significantly more expensive than the current vendor. What type of response does John adopt here?

Correct Answer: A
Section: Volume D
Explanation:
As in this case John and his team mates have pre-planned the alternative if the vendor would late in placing the order. Therefore, it is contingent response strategy.
Contingent response strategy, also known as contingency planning, involves adopting alternatives to deal with the risks in case of their occurrence. Unlike the mitigation planning in which mitigation looks to reduce the probability of the risk and its impact, contingency planning doesn't necessarily attempt to reduce the probability of a risk event or its impacts. Contingency comes into action when the risk event actually occurs.
Incorrect Answers:
B: Risk avoidance is the method which involves creating solutions that ensure a specific risk in not realized.
C: Risk mitigation attempts to eliminate or significantly decrease the level of risk present. Here no alternatives are pre-planned.
D: Expert judgment is utilized in developing risk responses, including feedback and guidance from risk management experts and those internal to the project qualified to provide assistance in this process.
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Question 318

Which of the following potential scenarios associated with the implementation of a new database technology presents the GREATEST risk to an organization?

Correct Answer: C
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Question 319

Which of the following provides the BEST measurement of an organization's risk management maturity level?

Correct Answer: D
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Question 320

You are the project manager of the NNN Project. Stakeholders in the two-year project have requested to send status reports to them via. email every week. You have agreed and send reports every Thursday.
After six months of the project, the stakeholders are pleased with the project progress and they would like you to reduce the status reports to every two weeks. What process will examine the change to this project process and implement it in the project?

Correct Answer: C
Explanation/Reference:
Explanation:
Although this appears to be a simple change the project manager must still follow the rules of the project's change control system.
Integrated change control is a way to manage the changes incurred during a project. It is a method that manages reviewing the suggestions for changes and utilizing the tools and techniques to evaluate whether the change should be approved or rejected. Integrated change control is a primary component of the project's change control system that examines the affect of a proposed change on the entire project.
Incorrect Answers:
A: Configuration management is the documentation and control of the product's features and functions.
B: Communications management is the execution of the communications management plan.
D: The project change control process not valid as it's the parent of the integrated change control process, which is more accurate for this question.
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