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| Section | Objectives |
|---|---|
| Topic 1: Scope and Context Definition | - Regulatory and legal requirement mapping - Organizational scope identification |
| Topic 2: Governance, Risk, and Compliance Program | - GRC principles and framework development - Stakeholder roles and responsibilities in GRC |
| Topic 3: Risk Management | - Risk identification and assessment - Risk treatment and mitigation strategies |
| Topic 4: Monitoring and Continuous Compliance | - Compliance monitoring techniques - Audit and assurance processes |
| Topic 5: Control Frameworks and Implementation | - Security and compliance control selection - Control implementation and validation |
| Topic 6: Incident and Exception Management | - Incident reporting and escalation - Compliance deviation handling |
| Topic 7: GRC Program Maintenance and Improvement | - Continuous improvement processes - Metrics and reporting in GRC programs |
1. The RMF Step and task where the Information System is registered with the appropriate organization and PMO.
Response:
A) RMF Step 1, Task 1
B) RMF Step 1, Task 4
C) RMF Step 1, Task 2
D) RMF Step 1, Task 3
2. You are the project manager for your company and a new change request has been approved for your project. This change request, however, has introduced several new risks to the project. You have communicated these risk events and the project stakeholders understand the possible effects these risks could have on your project.
You elect to create a mitigation response for the identified risk events. Where will you record the mitigation response?
Response:
A) Risk log
B) Risk management plan
C) Risk register
D) Project management plan
3. Which of the following statements is true about the continuous monitoring process?
Response:
A) It takes place after the initial system security accreditation.
B) It takes place in the middle of system security accreditation.
C) It takes place before and after system security accreditation.
D) It takes place before the initial system security accreditation.
4. 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?
Response:
A) Exploiting
B) Transference
C) Sharing
D) Enhancing
5. The implementation of the Assessment and the authorization process is an example of what type of risk response?
Response:
A) Transfer
B) Mitigate
C) Share
D) Remediate
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |
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