CompTIA
Checkpoint
ISC
HP
Dell
EC-Council
EXIN
Fortinet
ITIL®
Juniper
PMI
Microsoft
VMware
Avaya
Google
Salesforce
Amazon
Palo Alto Networks
Certiport
ISC2
All Vendors
  2. Home
  3. Exams
  4. ISACA
  5. CRISC

Free CRISC Exam Braindumps (page: 77)

Page 77 of 451
PDF with 1871 Questions

Your project has several risks that may cause serious financial impact if they occur. You have studied the risk events and made some potential risk responses for the risk events but management wants you to do more. They'd like you to create some type of a chart that identified the risk probability and impact with a financial amount for each risk event. What is the likely outcome of creating this type of chart?

  1. Risk response plan
  2. Contingency reserve
  3. Risk response
  4. Quantitative analysis

Answer(s): B

Explanation:

This chart is a probability-impact matrix in a quantitative analysis process. The probability and financial impact of each risk is learned through research, testing, and subject matter experts. The probability of the event is multiplied by the financial impact to create a risk event value for each risk. The sum of the risk event values will lead to the contingency reserve for the project.

Incorrect Answers:
A: The risk response plan is based on the risk responses, not the risk probability-impact matrix. C: The risk responses are needed but this chart doesn't help the project manager to create them. D: This chart is created as part of quantitative analysis.



Which of the following are parts of SWOT Analysis?
Each correct answer represents a complete solution. (Choose four.)

  1. Weaknesses
  2. Tools
  3. Threats
  4. Opportunities
  5. Strengths

Answer(s): A,C,D,E

Explanation:

SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. The technique is credited to Albert Humphrey, who led a research project at Stanford University in the 1960s and 1970s using data from Fortune 500 companies.

Incorrect Answers:
B: Tools are not the parts of SWOT analysis.



What is the FIRST phase of IS monitoring and maintenance process?

  1. Report result
  2. Prioritizing risks
  3. Implement monitoring
  4. Identifying controls

Answer(s): C



You are the project manager for the NHH project. You are working with your project team to examine the project from four different defined perspectives to increase the breadth of identified risks by including internally generated risks. What risk identification approach are you using in this example?

  1. Root cause analysis
  2. Influence diagramming techniques
  3. SWOT analysis
  4. Assumptions analysis

Answer(s): C

Explanation:

This is an example of SWOT analysis. SWOT analysis examines the strengths, weaknesses, opportunities, and threats within the project and generated from within the organization.

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. It is a part of business policy that helps an individual or a company to make decisions. It includes the strategies to build the strength of a company and use the opportunities to make the company successful. It also includes the strategies to overcome the weaknesses of and threats to the company.

Incorrect Answers:
A: Root cause analysis examines causal factors for events within the project.

B: Influence diagramming techniques examines the relationships between things and events within the project.

D: Assumptions analysis does not use four pre-defined perspectives for review.



Page 77 of 451



Post your Comments and Discuss ISACA CRISC exam with other Community members:

Fei commented on November 26, 2024
Very good resources
UNITED STATES
upvote

Yingying Li commented on December 02, 2023
Very useful practice tests.
Anonymous
upvote

Stephen commented on August 27, 2023
Can you please share CIMAPRA19-FO2-1 Exam dumps please
Anonymous
upvote

Parsad commented on June 04, 2023
Thank you for the buy 1 get 1 free discount. This helped me a lot. I donot have a lot of money.
INDIA
upvote

Petros commented on May 01, 2023
I could not have passed my certification test without the help of this study guide - highly recommend it!
PORTUGAL
upvote

Bobby commented on January 18, 2022
Passed easily.
UNITED STATES
upvote

Santosh commented on January 29, 2020
Passed my exam today with a score of 798. This is good material.
INDIA
upvote

Arron commented on January 26, 2020
This saved me so much time. The questions and answers are adequate and close to real exam. I like the PDF and its format. Just put it on my iPad and studied while traveling to work. This was my first time using this site and I am pretty happy about their service and price.
GERMANY
upvote

Suresh commented on April 17, 2019
This download is a waste of time . I downloaded the windows app and installed and it is asking to load the test. No documentation provided on how to use the desk top tool. Unable to install on my MAC not Iphone compatible. RE- Admin: Suresh, our website clearly says that the Test Engine software is for Windows only. We have not advertised anywhere in our website saying the Test Engine Software is for MAC as well.
UNITED STATES
upvote