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Where can a project manager find risk-rating rules?

A.
Risk probability and impact matrix
A.
Risk probability and impact matrix
Answers
B.
Organizational process assets
B.
Organizational process assets
Answers
C.
Enterprise environmental factors
C.
Enterprise environmental factors
Answers
D.
Risk management plan
D.
Risk management plan
Answers
Suggested answer: B

There are five inputs to the quantitative risk analysis process. Which one of the following is NOT an input to the perform quantitative risk analysis process?

A.
Risk register
A.
Risk register
Answers
B.
Cost management plan
B.
Cost management plan
Answers
C.
Risk management plan
C.
Risk management plan
Answers
D.
Enterprise environmental factors
D.
Enterprise environmental factors
Answers
Suggested answer: D

Your project has several risks that may cause serious financial impact should they happen. 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 for 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?

A.
Risk response plan
A.
Risk response plan
Answers
B.
Quantitative analysis
B.
Quantitative analysis
Answers
C.
Risk response
C.
Risk response
Answers
D.
Contingency reserve
D.
Contingency reserve
Answers
Suggested answer: D

Which of the following professionals is responsible for starting the Certification & Accreditation (C&A) process?

A.
Authorizing Official
A.
Authorizing Official
Answers
B.
Chief Risk Officer (CRO)
B.
Chief Risk Officer (CRO)
Answers
C.
Chief Information Officer (CIO)
C.
Chief Information Officer (CIO)
Answers
D.
Information system owner
D.
Information system owner
Answers
Suggested answer: D

You are working as a project manager in your organization. You are nearing the final stages of project execution and looking towards the final risk monitoring and controlling activities. For your project archives, which one of the following is an output of risk monitoring and control?

A.
Quantitative risk analysis
A.
Quantitative risk analysis
Answers
B.
Qualitative risk analysis
B.
Qualitative risk analysis
Answers
C.
Requested changes
C.
Requested changes
Answers
D.
Risk audits
D.
Risk audits
Answers
Suggested answer: C

Which of the following DoD directives is referred to as the Defense Automation Resources Management Manual?

A.
DoDD 8000.1
A.
DoDD 8000.1
Answers
B.
DoD 7950.1-M
B.
DoD 7950.1-M
Answers
C.
DoD 5200.22-M
C.
DoD 5200.22-M
Answers
D.
DoD 8910.1
D.
DoD 8910.1
Answers
E.
DoD 5200.1-R
E.
DoD 5200.1-R
Answers
Suggested answer: B

The phase 3 of the Risk Management Framework (RMF) process is known as mitigation planning.

Which of the following processes take place in phase 3?

Each correct answer represents a complete solution. Choose all that apply.

A.
Identify threats, vulnerabilities, and controls that will be evaluated.
A.
Identify threats, vulnerabilities, and controls that will be evaluated.
Answers
B.
Document and implement a mitigation plan.
B.
Document and implement a mitigation plan.
Answers
C.
Agree on a strategy to mitigate risks.
C.
Agree on a strategy to mitigate risks.
Answers
D.
Evaluate mitigation progress and plan next assessment.
D.
Evaluate mitigation progress and plan next assessment.
Answers
Suggested answer: B, C, D

Gary is the project manager of his organization. He is managing a project that is similar to a project his organization completed recently. Gary has decided that he will use the information from the past project to help him and the project team to identify the risks that may be present in the project. Management agrees that this checklist approach is ideal and will save time in the project. Which of the following statement is most accurate about the limitations of the checklist analysis approach for Gary?

A.
The checklist analysis approach is fast but it is impossible to build and exhaustive checklist.
A.
The checklist analysis approach is fast but it is impossible to build and exhaustive checklist.
Answers
B.
The checklist analysis approach only uses qualitative analysis.
B.
The checklist analysis approach only uses qualitative analysis.
Answers
C.
The checklist analysis approach saves time, but can cost more.
C.
The checklist analysis approach saves time, but can cost more.
Answers
D.
The checklist is also known as top down risk assessment
D.
The checklist is also known as top down risk assessment
Answers
Suggested answer: A

What are the subordinate tasks of the Initiate and Plan IA C&A phase of the DIACAP process?

Each correct answer represents a complete solution. Choose all that apply.

A.
Develop DIACAP strategy.
A.
Develop DIACAP strategy.
Answers
B.
Assign IA controls.
B.
Assign IA controls.
Answers
C.
Assemble DIACAP team.
C.
Assemble DIACAP team.
Answers
D.
Initiate IA implementation plan.
D.
Initiate IA implementation plan.
Answers
E.
Register system with DoD Component IA Program.
E.
Register system with DoD Component IA Program.
Answers
F.
Conduct validation activity.
F.
Conduct validation activity.
Answers
Suggested answer: A, B, C, D, E

Information risk management (IRM) is the process of identifying and assessing risk, reducing it to an acceptable level, and implementing the right mechanisms to maintain that level. What are the different categories of risk? Each correct answer represents a complete solution. Choose all that apply.

A.
System interaction
A.
System interaction
Answers
B.
Human interaction
B.
Human interaction
Answers
C.
Equipment malfunction
C.
Equipment malfunction
Answers
D.
Inside and outside attacks
D.
Inside and outside attacks
Answers
E.
Social status
E.
Social status
Answers
F.
Physical damage
F.
Physical damage
Answers
Suggested answer: B, C, D, E, F
Total 395 questions
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