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GIAC GCPM Exam - Topic 5 Question 5 Discussion

Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion and disagreement among the project team as to how a certain risk is important and priority for attention should be managed. Where can Mark determine the priority of a risk given its probability and impact?
B) Look-up table
A) Risk management plan
C) Risk response plan
D) Project sponsor

GIAC GCPM Exam - Topic 5 Question 5 Discussion

Actual exam question for GIAC's GCPM exam
Question #: 5
Topic #: 5
[All GCPM Questions]

Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion and disagreement among the project team as to how a certain risk is important and priority for attention should be managed. Where can Mark determine the priority of a risk given its probability and impact?

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Suggested Answer: B

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Fidelia
9 months ago
Totally with you on the risk management plan! It's the go-to for this stuff.
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Lashawna
9 months ago
Wait, can he really find priority in the risk management plan? Seems too vague.
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Demetra
10 months ago
I disagree, the risk response plan is more about how to handle them, not prioritize.
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Sylvie
10 months ago
I think a look-up table could help too, but not as comprehensive.
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Dannie
10 months ago
Definitely the risk management plan! That's where priorities are set.
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Selma
10 months ago
The risk response plan seems more focused on how to address risks rather than prioritizing them, right? I feel like it wouldn't help much here.
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Lennie
10 months ago
I remember practicing with a look-up table in a similar question. It seems like that could be a good way to determine priority based on probability and impact.
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Marvel
10 months ago
I think the risk management plan might have some guidelines on prioritizing risks, but I'm not entirely sure if it provides a clear method for that.
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Noble
10 months ago
I’m not confident, but I think the project sponsor might have insights on risk priorities based on their experience. However, I doubt they would have a formal method for it.
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Kenneth
10 months ago
I've got a good feeling about this one. The key is recognizing that the question is asking about two related but distinct concepts - the mechanism to ensure audit standards are applied, and the purpose of that mechanism. I think the answer is B, an internal quality review process.
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Tyisha
10 months ago
I'm a bit confused by the wording of these options. I'll need to re-read the question and the choices a few times to make sure I understand what they're asking.
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Hyun
10 months ago
Okay, I've got a strategy here. I'll focus on the key details - the files are being deleted unexpectedly, so I'll want to look at user authentication and audit logs.
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Omega
10 months ago
Got it, I'll make sure to avoid the two options that could lead to an endless cycle of updates. That should help me solve this problem.
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Alfred
10 months ago
Hmm, I'm a bit unsure about this one. I know safety-critical systems are important, but I'm not totally clear on all the details. I'll try to eliminate the options that seem obviously wrong and then make my best guess.
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Altha
10 months ago
I just can't remember if SSL decryption is absolutely necessary for this. Did we cover that in the practice tests?
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