Exam CRISC topic 1 question 224 discussion

Actual exam question from Isaca's CRISC

Question #: 224
Topic #: 1

Billy is the project manager of the HAR Project and is in month six of the project. The project is scheduled to last for 18 months.
Management asks Billy how often the project team is participating in risk reassessment in this project. What should Billy tell management if he's following the best practices for risk management?

A. Project risk management has been concluded with the project planning.
B. Project risk management happens at every milestone.
C. Project risk management is scheduled for every month in the 18-month project.
D. At every status meeting the project team project risk management is an agenda item.

Show Suggested Answer

Suggested Answer: D 🗳️
Risk management is an ongoing project activity. It should be an agenda item at every project status meeting.
Incorrect Answers:
A: Risk management happens throughout the project as does project planning.
B: Milestones are good times to do reviews, but risk management should happen frequently.
C: This answer would only be correct if the project has a status meeting just once per month in the project.

by Promz at March 14, 2024, 1:27 p.m.

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Promz

10 months, 2 weeks ago

Correct answer B and not D. At every status meeting the project team project risk management is an agenda item. While it is important to discuss project risks at status meetings and have risk management as a regular agenda item, the best practice for comprehensive risk management typically involves more formal and structured reassessment at key project milestones rather than just during routine status meetings. Milestone reviews allow for a more in-depth analysis and evaluation of risks at critical points in the project timeline.

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