Exam CRISC topic 1 question 240 discussion

Actual exam question from Isaca's CRISC

Question #: 240
Topic #: 1

Kelly is the project manager of the NNQ Project for her company. This project will last for one year and has a budget of $350,000. Kelly is working with her project team and subject matter experts to begin the risk response planning process. What are the two inputs that Kelly would need to begin the plan risk response process?

A. Risk register and the results of risk analysis
B. Risk register and the risk response plan
C. Risk register and power to assign risk responses
D. Risk register and the risk management plan

Show Suggested Answer

Suggested Answer: D 🗳️
The only two inputs for the risk response planning are the risk register and the risk management plan.
The plan risk response project management process aims to reduce the threats to the project objectives and to increase opportunities. It follows the perform qualitative risk analysis process and perform quantitative risk analysis process. Plan risk response process includes the risk response owner to take the job for each agreed-to and funded risk response. This process addresses the risks by their priorities, schedules the project management plan as required, and inserts resources and activities into the budget. The inputs to the plan risk response process are as follows:
✑ Risk register
✑ Risk management plan
Incorrect Answers:
B: Kelly will not need the risk response plan until monitoring and controlling the project.
C: The results of risk analysis will help Kelly prioritize the risks, but this information will be recorded in the risk register.
D: Kelly needs the risk register and the risk management plan as the input. The power to assign risk responses is not necessarily needed by Kelly.

by Ceecil1959 at March 30, 2022, 1:02 a.m.

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SuperMax

9 months, 1 week ago

Selected Answer: D

D. Risk register and the risk management plan. To begin the Plan Risk Response process in project management, Kelly would need the following inputs: Risk Register: The risk register is a document that contains all identified risks, their characteristics, and other details gathered during the risk identification process. It is essential for planning how to respond to these risks. Risk Management Plan: The risk management plan is a part of the overall project management plan. It outlines how risks will be identified, assessed, and managed throughout the project. It provides guidelines for the risk response planning process and sets the context for the specific risk responses to be developed.

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Ceecil1959

2 years, 3 months ago

Incorrect answers are B, C and A. Not B,C, D as stated. So many errors in this question set.

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