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NEW QUESTION: 1
Scenario
A photographer from Portraits Ltd, a professional photographic company, has taken on the role of Team Manager after taking some time to understand the requirements of the project. A contract for their services has been set up and is being monitored by the Purchasing Manager and a Work Package has been agreed. This contract specifies that the photographer must arrange a meeting with the Engineering Manager to establish a schedule for the photo sessions to minimize the impact on the Engineering staff.
This meeting should have occurred by now.
The Engineering Manager was made aware of this requirement but when asked he reported that he has received no communication from the photographer. The Project Manager has tried to call the photographer and has had no response. The Project Manager believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients' work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected benefits will be reduced.
The contract is to be reviewed and Portraits Ltd reminded of their agreement.
The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under the Roles and responsibilities heading?
A. Risks exceeding the agreed project risk tolerance will be reported to the Project Board.
B. Risk tolerances are allocated to each stage by the Project Manager.
C. Each risk will be assigned a risk owner.
D. An external consultant is to facilitate a risk identification workshop.
E. Project Assurance will ensure that project risks are identified, assessed and controlled according to the agreed risk management procedure.
Answer: A,E

NEW QUESTION: 2
When implementing a penetration testing program, the Chief Information Security Officer (CISO) designates different organizational groups within the organization as having different responsibilities, attack vectors, and rules of engagement. First, the CISO designates a team to operate from within the corporate environment. This team is commonly referred to as:
A. the white team.
B. the read team.
C. the blue team.
D. the operations team.
E. the development team.
Answer: A

NEW QUESTION: 3
An audit of an organization's claims department determined that a large number of duplicate payments had been issued due to problems in the claims processing system. During the exit conference, the vice president of the claims department informed the auditors that attempts to recover the duplicate payments would be initiated immediately and that the claims processing system would be enhanced within six months to correct the problems. Based on this response, the chief audit executive should:
A. Adjust the scope of the next regularly scheduled audit to assess controls within the claims processing system.
B. Discuss the findings with the audit committee and ask the committee to determine the appropriate follow-up action.
C. Monitor the status of corrective action and schedule a follow-up engagement when appropriate.
D. Schedule a follow-up engagement within six months to assess the status of corrective action.
Answer: C