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(ISC)2

CGRC · Question #667

You are the project manager of the GHG project. You are preparing for the quantitative risk analysis process. You are using organizational process assets to help you complete the quantitative risk…

The correct answer is C. You will use organizational process assets to determine costs of all risks events within the current. The question asks to identify which option is not a valid use of Organizational Process Assets (OPAs) during the quantitative risk analysis process.

Security and Privacy Governance, Risk Management, and Compliance Program

Question

You are the project manager of the GHG project. You are preparing for the quantitative risk analysis process. You are using organizational process assets to help you complete the quantitative risk analysis process. Which one of the following is NOT a valid reason to utilize organizational process assets as a part of the quantitative risk analysis process? Response:

Options

  • AYou will use organizational process assets for risk databases that may be available from industry
  • BYou will use organizational process assets for studies of similar projects by risk specialists.
  • CYou will use organizational process assets to determine costs of all risks events within the current
  • DYou will use organizational process assets for information from prior similar projects.

How the community answered

(43 responses)
  • B
    2% (1)
  • C
    95% (41)
  • D
    2% (1)

Why each option

The question asks to identify which option is not a valid use of Organizational Process Assets (OPAs) during the quantitative risk analysis process.

AYou will use organizational process assets for risk databases that may be available from industry

Risk databases from industry, if adopted by the organization, become part of OPAs and provide valuable historical data for quantitative analysis.

BYou will use organizational process assets for studies of similar projects by risk specialists.

Studies of similar projects by risk specialists, if maintained by the organization, are excellent OPAs for comparative analysis and expert judgment input.

CYou will use organizational process assets to determine costs of all risks events within the currentCorrect

Organizational Process Assets (OPAs) are primarily used to leverage historical data, lessons learned, and established procedures from previous projects or organizational knowledge. While OPAs can provide inputs for estimating costs, their direct purpose is not to determine the precise costs of all current risk events, as quantitative analysis involves forward-looking modeling and calculation based on probabilities and impacts, using OPAs as a data source rather than a definitive cost calculator.

DYou will use organizational process assets for information from prior similar projects.

Information from prior similar projects, such as historical risk data, outcomes, and mitigation effectiveness, is a core component of OPAs used to inform quantitative risk analysis.

Concept tested: Organizational Process Assets in Risk Analysis

Topics

#Organizational Process Assets (OPAs)#Quantitative Risk Analysis#Risk Management#Project Management Inputs

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