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ISC2 ISSMP Exam - Topic 5 Question 117 Discussion

You are the project manager of the GHE Project. You have identified the following risks with the characteristics as shown in the following figure:How much capital should the project set aside for the risk contingency reserve?
D) $23,750
A) $142,000
B) $232,000
C) $41,750

ISC2 ISSMP Exam - Topic 5 Question 117 Discussion

Actual exam question for ISC2's ISSMP exam
Question #: 117
Topic #: 5
[All ISSMP Questions]

You are the project manager of the GHE Project. You have identified the following risks with the characteristics as shown in the following figure:

How much capital should the project set aside for the risk contingency reserve?

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Suggested Answer: D

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Davida
2 hours ago
I vaguely remember that we discussed a range of values for contingency reserves, but I can't decide if it's closer to $41,750 or $142,000.
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Kanisha
5 days ago
I feel like $232,000 might be too high, but I can't remember the specifics of how we arrived at those numbers in class.
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Gennie
10 days ago
I think the contingency reserve is based on the probability and impact of each risk, but I'm not sure how to apply that here.
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Horace
16 days ago
I remember we practiced a similar question about calculating risk reserves, but I can't recall the exact formula we used.
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