{"id":238,"date":"2021-01-17T05:25:17","date_gmt":"2021-01-16T17:58:50","guid":{"rendered":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/secure-software-lifecycle-professional-csslp-question230\/"},"modified":"2021-01-17T05:27:17","modified_gmt":"2021-01-17T05:27:17","slug":"secure-software-lifecycle-professional-csslp-question230","status":"publish","type":"post","link":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/secure-software-lifecycle-professional-csslp-question230\/","title":{"rendered":"Secure Software Lifecycle Professional &#8211; CSSLP &#8211; Question230"},"content":{"rendered":"<div class=\"question\">You are the project manager for a construction project. The project involves casting of a column in a very narrow space. Because of lack of space, casting it is highly dangerous. High technical skill will be required for casting that column. You decide to hire a local expert team for casting that column. Which of the following types of risk response are you following? <br \/><strong><br \/>A.<\/strong> Avoidance <br \/><strong>B.<\/strong> Acceptance <br \/><strong>C.<\/strong> Mitigation <br \/><strong>D.<\/strong> Transference<\/div>\n<p><\/p>\n<style> .hidden-div{ display:none } <\/style>\n<p>\t\t\t\t\t\t\t<button onclick=\"getElementById('hidden-div').style.display = 'block'\"> Show Answer <\/button> <button onclick=\"getElementById('hidden-div').style.display = 'none'\">Hide Answer<\/button><\/p>\n<div class=\"hidden-div\" id=\"hidden-div\"><span style=\"\"><\/p>\n<div class=\"answer\">Correct Answer: <strong>D<\/strong><\/div>\n<p><strong>Explanation:<\/strong> <\/p>\n<div class=\"explanation\">\nExplanation: According to the question, you are hiring a local expert team for casting the column. As you have transferred your risk to a third party, this is the transference risk response that you have adopted. Transference is a strategy to mitigate negative risks or threats. In this strategy, consequences and the ownership of a risk is transferred to a third party. This strategy does not eliminate the risk but transfers responsibility of managing the risk to another party. Insurance is an example of transference. Answer: C is incorrect. Mitigation is a risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold. Risk mitigation involves taking early action to reduce the probability and impact of a risk occurring on the project. Adopting less complex processes, conducting more tests, or choosing a more stable supplier are examples of mitigation actions. Answer: A is incorrect. Avoidance involves changing the project management plan to eliminate the threat entirely. Answer: B is incorrect. Acceptance response is a part of Risk Response planning process. Acceptance response delineates that the project plan will not be changed to deal with the risk. Management may develop a contingency plan if the risk does occur. Acceptance response to a risk event is a strategy that can be used for risks that pose either threats or opportunities. Acceptance response can be of two types: Passive acceptance: It is a strategy in which no plans are made to try or avoid or mitigate the risk. Active acceptance: Such responses include developing contingency reserves to deal with risks, in case they occur. Acceptance is the only response for both threats and opportunities.<\/div>\n<p><\/strong><\/span> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>You are the project manager for a construction project. The project involves casting of a column in a very narrow space. Because of lack of space, casting it is highly dangerous. High technical skill will be required for casting that column. You decide to hire a local expert team for casting that column. Which of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[353,233,3],"class_list":["post-238","post","type-post","status-publish","format-standard","hentry","category-secure-software-lifecycle-professional-csslp","tag-choices","tag-question-230","tag-secure-software-lifecycle-professional-csslp"],"_links":{"self":[{"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/posts\/238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/comments?post=238"}],"version-history":[{"count":1,"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/posts\/238\/revisions"}],"predecessor-version":[{"id":589,"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/posts\/238\/revisions\/589"}],"wp:attachment":[{"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/media?parent=238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/categories?post=238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exampracticetests.com\/ISC\/CSSLP\/wp-json\/wp\/v2\/tags?post=238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}