QUESTION: 45

Bill is the project manager of the JKH Project. He and the project team have identified a risk event in the project with a high probability of occurrence and the risk event has a high cost impact on the project. Bill discusses the risk event with Virginia, the primary project customer, and she decides that the requirements surrounding the risk event should be removed from the project. The removal of the requirements does affect the project scope, but it can release the project from the high risk exposure. What risk response has been enacted in this project?

Mitigation
Transference
Acceptance
Avoidance

Answer(s): D

Explanation:

This is an example of the avoidance risk response. Because the project plan has been changed to avoid the risk event, so it is considered the avoidance risk response. Risk avoidance is a technique used for threats. It creates changes to the project management plan that are meant to either eliminate the risk completely or to protect the project objectives from its impact. Risk avoidance removes the risk event entirely either by adding additional steps to avoid the event or reducing the project scope requirements. It may seem the answer to all possible risks, but avoiding risks also means losing out on the potential gains that accepting (retaining) the risk might have allowed. Answer C is incorrect. Acceptance is when the stakeholders acknowledge the risk event and they accept that the event could happen and could have an impact on the project. Acceptance is usually used for risk events that have low risk exposure or risk events in which the project has no control, such as a pending law or weather threats. Answer A is incorrect. Mitigation is involved with the actions to reduce an included risk's probability and/or impact on the project's objectives. As the risk was removed from the project, this scenario describes avoidance, not mitigation. Answer B is incorrect. Transference is when the risk is still within the project, but the ownership and management of the risk event is transferred to a third party - usually for a fee.

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QUESTION: 46

Martha registers a domain named Microsoft.in. She tries to sell it to Microsoft Corporation. The infringement of which of the following has she made?

Copyright
Trademark
Patent
Intellectual property

Answer(s): B

Explanation:

According to the Lanham Act, domain names fall under trademarks law. A new section 43(d) of the Trademark Act (Lanham Act) states that anyone who in bad faith registers, traffics in, or uses a domain name that infringes or dilutes another's trademark has committed trademark infringement. Factors involved in assessing bad faith focus on activities typically associated with cyberpiracy or cybersquatting, such as whether the registrant has offered to sell the domain name to the trademark holder for financial gain without having used or intended to use it for a bona fide business; whether the domain-name registrant registered multiple domain names that are confusingly similar to the trademarks of others; and whether the trademark incorporated in the domain name is distinctive and famous. Other factors are whether the domain name consists of the legal name or common handle of the domain-name registrant and whether the domain-name registrant previously used the mark in connection with a bona fide business.

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QUESTION: 47

Which of the following is a variant with regard to Configuration Management?

A CI that has the same name as another CI but shares no relationship.
A CI that particularly refers to a software version.
A CI that has the same essential functionality as another CI but a bit different in some small manner.
A CI that particularly refers to a hardware specification.

Answer(s): C

Explanation:

A CI that has the same essential functionality as another CI but a bit different in some small manner, and therefore, might be required to be analyzed along with its generic group. A Configuration item (CI) is an IT asset or a combination of IT assets that may depend and have relationships with other IT processes. A CI will have attributes which may be hierarchical and relationships that will be assigned by the configuration manager in the CM database. The Configuration Item (CI) attributes are as follows: 1.Technical: It is data that describes the CI's capabilities which include software version and model numbers, hardware and manufacturer specifications, and other technical details like networking speeds, and data storage size. Keyboards, mice and cables are considered consumables. 2.Ownership: It is part of financial asset management, ownership attributes, warranty, location, and responsible person for the CI. 3.Relationship: It is the relationship among hardware items, software, and users.
Answers B, D, and A are incorrect. These are incorrect definitions of a variant with regard to Configuration Management.

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QUESTION: 48

The organization level is the Tier 1 and it addresses risks from an organizational perspective. What are the various Tier 1 activities? Each correct answer represents a complete solution. Choose all that apply.

The organization plans to use the degree and type of oversight, to ensure that the risk management strategy is being effectively carried out.
The level of risk tolerance.
The techniques and methodologies an organization plans to employ, to evaluate information system-related security risks.
The RMF primarily operates at Tier 1.

Answer(s): A,B,C

Explanation:

The Organization Level is the Tier 1, and it addresses risks from an organizational perspective. It includes the following points: The techniques and methodologies an organization plans to employ, to evaluate information system-related security risks. During risk assessment, the methods and procedures the organization plans to use, to evaluate the significance of the risks identified. The types and extent of risk mitigation measures the organization plans to employ, to address identified risks. The level of risk tolerance. According to the environment of operation, how the organization plans to monitor risks on an ongoing basis, given the inevitable changes to organizational information system.
The organization plans to use the degree and type of oversight, in order to ensure that the risk management strategy is being effectively carried out.Answer D is incorrect. The RMF primarily operates at Tier 3.

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