Tag: Question 281

CRISC Certified in Risk and Information Systems Control – Question281

You work as a Project Manager for Company Inc. You have to conduct the risk management activities for a project. Which of the following inputs will you use in the plan risk management process? Each correct answer represents a complete solution. (Choose three.)

A. Quality management plan
B. Schedule management plan
C. Cost management plan
D. Project scope statement

Correct Answer: BCD

Explanation:

Explanation:
The inputs to the plan risk management process are as follows:

  • Project scope statement: It provides a clear sense of the range of possibilities associated with the project and establishes the framework for how significant the risk management effort may become.
  • Cost management plan: It describes how risk budgets, contingencies, and management reserves will be reported and accessed.
  • Schedule management plan: It describes how the schedule contingencies will be reported and assessed.
  • Communication management plan: It describes the interactions, which occurs on the project and determines who will be available to share information on various risks and responses at different times.
  • Enterprise environmental factors: It include, but are not limited to, risk attitudes and tolerances that describe the degree of risk that an organization withstand.
  • Organizational process assets: It includes, but are not limited to, risk categories, risk statement formats, standard templates, roles and responsibilities, authority levels for decision-making, lessons learned, and stakeholder registers.

Incorrect Answers:
A: It is not an input for Plan risk management process.