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ISC CAP Exam Dumps Questions and Answers

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CAP – Certified Authorization Professional Questions and Answers

Questions 1

Gary is the project manager of his organization. He is managing a project that is similar to a project his organization completed recently. Gary has decided that he will use the information from the past project to help him and the project team to identify the risks that may be present in the project. Management agrees that this checklist approach is ideal and will save time in the project. Which of the following statement is most accurate about the limitations of the checklist analysis approach for Gary?

Options:

A.

The checklist analysis approach is fast but it is impossible to build and exhaustive checklist.

B.

The checklist analysis approach only uses qualitative analysis.

C.

The checklist analysis approach saves time, but can cost more.

D.

The checklist is also known as top down risk assessment

Questions 2

Eric is the project manager of the MTC project for his company. In this project a vendor has offered Eric a sizeable discount on all hardware if his order total for the project is more than $125,000. Right now, Eric is likely to spend $118,000 with vendor. If Eric spends $7,000 his cost savings for the project will be $12,500, but he cannot purchase hardware if he cannot implement the hardware immediately due to organizational policies. Eric consults with Amy and Allen, other project managers in the organization, and asks if she needs any hardware for their projects. Both Amy and Allen need hardware and they agree to purchase the hardware through Eric's relationship with the vendor. What positive risk response has happened in this instance?

Options:

A.

Transference

B.

Exploiting

C.

Sharing

D.

Enhancing

Questions 3

You are the project manager of the NKQ project for your organization. You have completed the quantitative risk analysis process for this portion of the project. What is the only output of the quantitative risk analysis process?

Options:

A.

Probability of reaching project objectives

B.

Risk contingency reserve

C.

Risk response

D.

Risk register updates