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NEW QUESTION: 1
A technician must deploy powering source equipment at a customer site.
Which equipment should the technician deploy?
A. Ethernet switches
B. VoIP phones
C. Network surveillance cameras
D. Thin client
Answer: A
NEW QUESTION: 2
What is the main role of the Egmont Group in combating money laundering and terrorist financing?
A. To establish regulations that countries must use when establishing their own FIUs
B. To create standards that countries can use when drafting laws to combat money laundering and terrorist financing
C. To find ways that FIUs can better cooperate amongst themselves and exchange information
D. To require that all countries participate in a global repository for the sharing of information
Answer: C
NEW QUESTION: 3
Which of the following risk responses include feedback and guidance from well-qualified risk officials and those internal to the project?
A. Risk transfer
B. Contingent response strategy
C. Risk Acceptance
D. Expert judgment
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Expert judgment is utilized in developing risk responses, including feedback and guidance from risk management experts and those internal to the project qualified to provide assistance in this process.
Expert judgment is a technique based on a set of criteria that has been acquired in a specific knowledge area or product area. It is obtained when the project manager or project team requires specialized knowledge that they do not possess. Expert judgment involves people most familiar with the work of creating estimates. Preferably, the project team member who will be doing the task should complete the estimates. Expert judgment is applied when performing administrative closure activities, and experts should ensure the project or phase closure is performed to the appropriate standards.
Incorrect Answers:
A: Contingent response strategy, also known as contingency planning, involves adopting alternatives to deal with the risks in case of their occurrence. Unlike the mitigation planning in which mitigation looks to reduce the probability of the risk and its impact, contingency planning doesn't necessarily attempt to reduce the probability of a risk event or its impacts. Contingency comes into action when the risk event actually occurs.
B: Risk acceptance means that no action is taken relative to a particular risk; loss is accepted if it occurs. If an enterprise adopts a risk acceptance, it should carefully consider who can accept the risk. Risk should be accepted only by senior management in relationship with senior management and the board. There are two alternatives to the acceptance strategy, passive and active.
Passive acceptance means that enterprise has made no plan to avoid or mitigate the risk but willing to
accept the consequences of the risk.
Active acceptance is the second strategy and might include developing contingency plans and reserves
to deal with risks.
D: Risk transfer means that impact of risk is reduced by transferring or otherwise sharing a portion of the risk with an external organization or another internal entity. Transfer of risk can occur in many forms but is most effective when dealing with financial risks. Insurance is one form of risk transfer.