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NEW QUESTION 22
Several newly identified risk scenarios are being integrated into an organization's risk register. The MOST appropriate risk owner would be the individual who:

• A. is in charge of information security.
• B. is responsible for enterprise risk management (ERM)
• C. can implement remediation action plans.
• D. is accountable for loss if the risk materializes.

Answer: C

NEW QUESTION 23
Who is PRIMARILY accountable for risk treatment decisions?

• A. Risk owner
• B. Risk manager
• C. Data owner
• D. Business manager

Answer: A

NEW QUESTION 24
A business manager wants to leverage an existing approved vendor solution from another area within the organization. Which of the following is the risk practitioner's BEST course of action?

• A. Request a new third-party review.
• B. Assess the risk associated with the new use case.
• C. Recommend allowing the new usage based on prior approval.
• D. Request revalidation of the original use case.

Answer: B

NEW QUESTION 25
You are the project manager for your organization to install new workstations, servers, and cabling throughout a new building, where your company will be moving into. The vendor for the project informs you that the cost of the cabling has increased due to the some reason. This new cost will cause the cost of your project to increase by nearly eight percent. What change control system should the costs be entered into for review?

• A. Only changes to the project scope should pass through a change control system.
• B. Cost change control system
• C. Contract change control system
• D. Scope change control system

Answer: B

Explanation:
Explanation/Reference:
Explanation:
Because this change deals with the change of the deliverable, it should pass through the cost change control system. The cost change control system reviews the reason why the change has happened, what the cost affects, and how the project should respond.
Incorrect Answers:
B: This is not a contract change. According to the evidence that a contract exists or that the cost of the materials is outside of the terms of a contract if one existed. Considered a time and materials contract where a change of this nature could be acceptable according to the terms of the contract. If the vendor wanted to change the terms of the contract then it would be appropriate to enter the change into the contract change control system.
C: The scope of the project will not change due to the cost of the materials.
D: There are four change control systems that should always be entertained for change: schedule, cost, scope, and contract.

NEW QUESTION 26
You are the Risk Official in Bluewell Inc. You have detected much vulnerability during risk assessment process. What you should do next?

• A. Evaluate vulnerabilities for threat, impact, and cost of mitigation.
• B. Analyze the effectiveness of control on the vulnerabilities' basis.
• C. Prioritize vulnerabilities for remediation solely based on impact.
• D. Explanation:
  Vulnerabilities detected during assessment should be first evaluated for threat, impact and cost of mitigation. It should be evaluated and prioritized on the basis whether they impose credible threat or not.
• E. Handle vulnerabilities as a risk, even though there is no threat.

Answer: A,D

Explanation:
and C are incorrect. These are the further steps that are taken after evaluating vulnerabilities. So, these are not immediate action after detecting vulnerabilities. Answer:B is incorrect. If detected vulnerabilities impose no/negligible threat on an enterprise then it is not cost effective to address it as risk.

NEW QUESTION 27
......

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