CGRC · Question #407
CGRC Question #407: Real Exam Question with Answer & Explanation
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Question
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? Response:
Options
- AThe checklist analysis approach is fast but it is impossible to build and exhaustive checklist.
- BThe checklist analysis approach only uses qualitative analysis.
- CThe checklist analysis approach saves time, but can cost more.
- DThe checklist is also known as top down risk assessment
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