ISACA Exam Questions

What are the requirements of monitoring risk?

What are the requirements of monitoring risk?
Each correct answer represents a part of the solution. Choose three.

A.
Information of various stakeholders

B.
Preparation of detailed monitoring plan

C.
Identifying the risk to be monitored

D.
Defining the project’s scope

Explanation:

It is important to first understand the risk to be monitored, prepare a detailed plan and define the
project’s scope for monitoring risk. In the case of a monitoring project, this step should involve
process owners, data owners, system custodians and other process stakeholders.
Answer A is incorrect. Data regarding stakeholders of the project is not required in any phase of
risk monitoring.