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2017 July ISC Official New Released CAP Q&As
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QUESTION 251

Which of the following is a risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold?

 

A.

Exploit

B.

Transference

C.

Mitigation

D.

Avoidance

 

Correct Answer: C

 

 

QUESTION 252

Adrian is a project manager for a new project using a technology that has recently been released and there’s relatively little information about the technology. Initial testing of the technology makes the use of it look promising, but there’s still uncertainty as to the longevity and reliability of the technology. Adrian wants to consider the technology factors a risk for her project. Where should she document the risks associated with this technology so she can track the risk status and responses?

 

A.

Project charter

B.

Risk register

C.

Project scope statement

D.

Risk low-level watch list

 

Correct Answer: B

 

 

QUESTION 253

BS 7799 is an internationally recognized ISM standard that provides high level, conceptual recommendations on enterprise security. BS 7799 is basically divided into three parts. Which of the following statements are true about BS 7799? Each correct answer represents a complete solution. Choose all that apply.

 

A.

BS 7799 Part 1 was adopted by ISO as ISO/IEC 27001 in November 2005.

B.

BS 7799 Part 2 was adopted by ISO as ISO/IEC 27001 in November 2005.

C.

BS 7799 Part 1 was a standard originally published as BS 7799 by the British Standards Institute (BSI) in 1995.

D.

BS 7799 Part 3 was published in 2005, covering risk analysis and management.

 

Correct Answer: BCD

 

 

QUESTION 254

Gary is the project manager for his organization. He is working with the project stakeholders on the project requirements and how risks may affect their project. One of the stakeholders is confused about what constitutes risks in the project. Which
of the following is the most accurate definition of a project risk?

 

A.

It is an uncertain event that can affect the project costs.

B.

It is an uncertain event or condition within the project execution.

C.

It is an uncertain event that can affect at least one project objective.

D.

It is an unknown event that can affect the project scope.

 

Correct Answer: C

 

 

 

 

 

QUESTION 255

You work as a project manager for TechSoft Inc. You are working with the project stakeholders onthe qualitative riskanalysis process in your project. You have used all the tools to the qualitative risk analysis process in your project. Which of the following techniques is NOT used as a tool in qualitative risk analysis process?

 

A.

Risk Reassessment

B.

Risk Categorization

C.

Risk Urgency Assessment

D.

Risk Data Quality Assessment

 

Correct Answer: A

 

 

QUESTION 256

You are the project manager for your organization. You have determined that an activity is too dangerous to complete internally so you hire license
d contractor to complete the work. The contractor, however, may not complete the assigned work on time which could cause delays in subsequent work beginning. This is an example of what type of risk event?

 

A.

Secondary risk

B.

Transference

C.

Internal

D.

Pure risk

 

Correct Answer: A

 

 

QUESTION 257

Tracy is the project manager of the NLT Project for her company. The NLT Project is scheduled to last 14 months and has a budget at completion of $4,555,000. Tracy’s organization will receive a bonus of $80,000 per day that the project is completed early up to$800,000. Tracy realizes that there are several opportunities within the project to save on time by crashing the project work. Crashing the project is what type of risk response?

 

A.

Mitigation

B.

Exploit

C.

Enhance

D.

Transference

 

Correct Answer: C

 

 

QUESTION 258

Diana is the project manager of the QPS project for her company. In this project Diana and the project team have identified a pure risk. Diana and the project team decided, along with the key stakeholders, to remove the pure risk fromthe project by changing the project plan altogether. What is a pure risk?

 

A.

It is a risk event that only has a negative side, such as loss of life or limb.

B.

It is a risk event that cannot be avoided because of the order of the work.

C.

It is a risk event that is created by a risk response.

D.

It is a risk event that is generated due to errors or omission in the project work.

Correct Answer: A

 

 

QUESTION 259

You work as a project manager for BlueWell Inc. You are about to complete the quantitative risk analysis process for your project. You can use three available tools and techniques to complete this process. Which one of the following isNOTa tool or technique that is appropriate for the quantitative risk analysis process?

 

A.

Quantitative risk analysis andmodeling techniques

B.

Data gathering and representation techniques

C.

Expert judgment

D.

Organizational process assets

 

Correct Answer: D

 

 

QUESTION 260

You work as a project manager for TechSoft Inc. You, the project team, and the key project stakeholders have completed a round of quantitative risk analysis. You now need to update the risk register with your findings so that you can communicate the risk results to the project stakeholders – including management. You will need to update all of the following information except for which one?

 

A.

Probability of achieving cost and time objectives

B.

Risk distributions within the project schedule

C.

Probabilistic analysis of the project

D.

Trends in quantitative risk analysis

 

Correct Answer: B

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