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CTPRP real exams

Exam Code: CTPRP

Exam Name: Certified Third-Party Risk Professional (CTPRP)

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
What type of Life Event should be defined for Compensation Workbench (CWB) to work?
A. Work
B. Personal
C. Payroll
D. Checklist
E. Compensation
Answer: E
Explanation:
Explanation
Life events of Compensation Type should be used for Compensation Workbench Plans.

NEW QUESTION: 2
You are the program manager of the GHY Program. Your program team has identified a risk dealing with the materials you will be using in the program. It is possible that if the materials are not installed properly they will cause serious damage in future phases of the program. Your team has recommended additional training and a consultant to help the team members install the material accurately to reduce the likelihood of the risk event. You agree and the team executes the risk response. What type of risk response have you implemented in this situation?
A. Enhancing
B. Workaround
C. Mitigation
D. Avoidance
Answer: C

NEW QUESTION: 3
Don is the project manager of the NQP project for his organization. This project is scheduled to last for 18 months and will have several elements of the project that have government regulations. Management is concerned with the regulations and would like Don to report on the activities that will be affected by the regulations. Which of the following documents should Don refer to, for the information on the activities and the regulations?
A. Risk register
B. Activity list and attributes
C. Activity list
D. Risk management plan
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The activity list and the attributes will contain the information about the activities that interact with the government regulations.
Incorrect Answers:
A: The risk management plan communicates how the risks will be identified, analyzed, responded to, and monitored.
B: The activity list is not a detailed enough answer for this question.
D: The risk register is a list of all the risk events for the project.

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