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NEW QUESTION: 1
The risk management team of a software project has decided that due to the lack of adequate talent in the company, development of a specific part of the system is under high risk, so the team has decided to outsource it. This is an example of which risk response?
A. Avoid
B. Transfer
C. Share
D. Accept
Answer: B
Explanation:
Explanation/Reference:
Explanation:
11.5.2.1 Strategies for Negative Risks or Threats
Three strategies, which typically deal with threats or risks that may have negative impacts on project objectives if they occur, are: avoid, transfer, and mitigate. The fourth strategy, accept, can be used for negative risks or threats as well as positive risks or opportunities. Each of these risk response strategies have varied and unique influence on the risk condition. These strategies should be chosen to match the risk's probability and impact on the project's overall objectives. Avoidance and mitigation strategies are usually good strategies for critical risks with high impact, while transference and acceptance are usually good strategies for threats that are less critical and with low overall impact. The four strategies for dealing with negative risks or threats are further described as follows:
Avoid. Risk avoidance is a risk response strategy whereby the project team acts to eliminate the threat or

protect the project from its impact. It usually involves changing the project management plan to eliminate the threat entirely. The project manager may also isolate the project objectives from the risk's impact or change the objective that is in jeopardy. Examples of this include extending the schedule, changing the strategy, or reducing scope. The most radical avoidance strategy is to shut down the project entirely. Some risks that arise early in the project can be avoided by clarifying requirements, obtaining information, improving communication, or acquiring expertise.
Transfer. Risk transference is a risk response strategy whereby the project team shifts the impact of a

threat to a third party, together with ownership of the response. Transferring the risk simply gives another party responsibility for its management-it does not eliminate it. Transferring does not mean disowning the risk by transferring it to a later project or another person without his or her knowledge or agreement. Risk transference nearly always involves payment of a risk premium to the party taking on the risk. Transferring liability for risk is most effective in dealing with financial risk exposure. Transference tools can be quite diverse and include, but are not limited to, the use of insurance, performance bonds, warranties, guarantees, etc. Contracts or agreements may be used to transfer liability for specified risks to another party. For example, when a buyer has capabilities that the seller does not possess, it may be prudent to transfer some work and its concurrent risk contractually back to the buyer. In many cases, use of a cost- plus contract may transfer the cost risk to the buyer, while a fixed-price contract may transfer risk to the seller.
Mitigate. Risk mitigation is a risk response strategy whereby the project team acts to reduce the

probability of occurrence or impact of a risk. It implies a reduction in the probability and/or impact of an adverse risk to be within acceptable threshold limits. Taking early action to reduce the probability and/or impact of a risk occurring on the project is often more effective than trying to repair the damage after the risk has occurred. Adopting less complex processes, conducting more tests, or choosing a more stable supplier are examples of mitigation actions. Mitigation may require prototype development to reduce the risk of scaling up from a bench-scale model of a process or product. Where it is not possible to reduce probability, a mitigation response might address the risk impact by targeting linkages that determine the severity. For example, designing redundancy into a system may reduce the impact from a failure of the original component.
Accept. Risk acceptance is a risk response strategy whereby the project team decides to acknowledge

the risk and not take any action unless the risk occurs. This strategy is adopted where it is not possible or cost-effective to address a specific risk in any other way. This strategy indicates that the project team has decided not to change the project management plan to deal with a risk, or is unable to identify any other suitable response strategy. This strategy can be either passive or active. Passive acceptance requires no action except to document the strategy, leaving the project team to deal with the risks as they occur, and to periodically review the threat to ensure that it does not change significantly. The most common active acceptance strategy is to establish a contingency reserve, including amounts of time, money, or resources to handle the risks.

NEW QUESTION: 2
Which of the following events are supported in the flowchart designer? (Multiple Choice)
A. End event
B. Start event
C. Start timer event
D. Timer event
Answer: A,B,C

NEW QUESTION: 3
Given:


A. String str2 = str1;
B. String str2 = "Duke";
C. String str2 = sb1.toString();
D. String str2 = new string (str1);
Answer: A

NEW QUESTION: 4
Hotspot Question
You plan to use Azure Network Watcher to perform the following tasks:
Task1: Identify a security rule that prevents a network packet from reaching an Azure virtual machine.
Task2: Validate outbound connectivity from an Azure virtual machine to an external host.
Which feature should you use for each task? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation:
Task 1: IP flow verify
IP flow verify checks if a packet is allowed or denied to or from a virtual machine. The information consists of direction, protocol, local IP, remote IP, local port, and remote port. If the packet is denied by a security group, the name of the rule that denied the packet is returned. While any source or destination IP can be chosen, IP flow verify helps administrators quickly diagnose connectivity issues from or to the internet and from or to the on-premises environment.
Task 2:
With the addition of Connection Troubleshoot, Network Watcher will see an incremental increase in its capabilities and ways for you to utilize it in your day to day operations. You can now, for example, check connectivity between source (VM) and destination (VM, URI, FQDN, IP Address).
References:
https://docs.microsoft.com/en-us/azure/network-watcher/network-watcher-ip-flow-verify-overview
https://azure.microsoft.com/en-us/blog/network-watcher-connection-troubleshoot-now-generally- available/


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SHRM-CP-KR Exam Topics

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