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NEW QUESTION: 1
You are the project manager of HWD project. It requires installation of some electrical machines. You and the project team decided to hire an electrician as electrical work can be too dangerous to perform. What type of risk response are you following?
A. Mitigation
B. Avoidance
C. Acceptance
D. Transference
E. Explanation:
As the risk is transferred to the third party (electrician), hence this type of risk response is transference.
Answer: D
Explanation:
is incorrect. Risk avoidance means to evade risk altogether, eliminate the cause of the risk event, or change the project plan to protect the project objectives from the risk event. Risk avoidance is applied when the level of risk, even after the applying controls, would be greater than the risk tolerance level of the enterprise. Answer: D is incorrect. Risk acceptance means that no action is taken relative to a particular risk; loss is accepted if it occurs. Answer: C is incorrect. Risk mitigation attempts to reduce the probability of a risk event and its impacts to an acceptable level. Risk mitigation can utilize various forms of control carefully integrated together.

NEW QUESTION: 2
According to IIA guidance on IT. which of the following plans would pair the identification of critical business processes with recovery time objectives?
A. The business impact analysis plan
B. The business case for business continuity planning
C. The business continuity management charter.
D. The business continuity risk assessment plan
Answer: A

NEW QUESTION: 3
A duplication of support functions would exist under which of the following organisational structures?
A. Project based
B. Matrix
C. Functional
D. Divisional
Answer: D

NEW QUESTION: 4
When the property optimization wizard is run on a single-value property, what does PRPC create? (Choose One)
A. An index property in PRPC
B. A database index for a single column
C. A database table column
D. A property in the class group
Answer: C

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