Tag: Question 262

CRISC Certified in Risk and Information Systems Control – Question262

You are the project manager of RFT project. You have identified a risk that the enterprise's IT system and application landscape is so complex that, within a few years, extending capacity will become difficult and maintaining software will become very expensive. To overcome this risk, the response adopted is re-architecture of the existing system and purchase of new integrated system. In which of the following risk prioritization options would this case be categorized?

A. Deferrals
B. Quick win
C. Business case to be made
D. Contagious risk

Correct Answer: C

Explanation:

Explanation: This is categorized as a Business case to be made because the project cost is very large. The response to be implemented requires quite large investment. Therefore it comes under business case to be made.
Incorrect Answers:
A: It addresses costly risk response to a low risk. But here the response is less costly than that of business case to be made.
B: Quick win is very effective and efficient response that addresses medium to high risk. But in this the response does not require large investments.
D: This is not risk response prioritization option, instead it is a type of risk that happen with the several of the enterprise’s business partners within a very short time frame.