A teaming agreement is an example of what type of risk response?

• A.Acceptance
• B.Mitigation
• C.Transfer
• D.Share
• E.Explanation:
  Teaming agreements are often comes under sharing risk response, as they involves joint ventures
  to realize an opportunity that an organization would not be able to seize otherwise.
  Sharing response is where two or more entities share a positive risk. Teaming agreements are
  good example of sharing the reward that comes from the risk of the opportunity.
• F.is incorrect. Acceptance is a risk response that is appropriate for positive or negative
  risk events. It does not pursue the risk, but documents the event and allows the risk to happen.
  Often acceptance is used for low probability and low impact risk events.
• G.is incorrect. Transference is a negative risk response where the project manager hires a
  third party to own the risk event.

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It is MOST appropriate for changes to be promoted to production after they are:

• A.approved by the business owner
• B.tested by business owners
• C.communicated to business management
• D.initiated by business users

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Which of the following should be included in a risk scenario to be used for risk analysis?

• A.Residual risk
• B.Risk tolerance
• C.Risk appetite
• D.Threat type

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Which of the following is MOST important to have in place to ensure the effectiveness of risk and security metrics reporting?

• A.Organizational reporting process
• B.Incident reporting procedures
• C.Regularly scheduled audits
• D.Incident management policy

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When is the BEST to identify risk associated with major project to determine a mitigation plan?

• A.Project planning phase
• B.Project execution phase
• C.Project closing phase
• D.Project initiation phase

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