Mike is the project manager of the NNP Project for his organization. He is working with his project team to plan the risk responses for the NNP Project. Mike would like the project team to work together on establishing risk thresholds in the project. What is the purpose of establishing risk threshold?

A. It is a study of the organization's risk tolerance.

B. It is a warning sign that a risk event is going to happen.

C. It is a limit of the funds that can be assigned to risk events.

D. It helps to identify those risks for which specific responses are needed.








 

Suggested Answer: D

Risk threshold helps to identify those risks for which specific responses are needed.

This question is in CRISC exam 
For getting Risk and Information Systems Control Certificate


Disclaimers:
The website is not related to, affiliated with, endorsed or authorized by ISACA.
The website does not contain actual questions and answers from ISACA's Certification Exams.
Trademarks, certification & product names are used for reference only and belong to ISACA.