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EXIN Management of Risk Foundation Sample Questions:

1. Which task will be carried out while performing the 'identify - risks' step?

A) Calculating when an identified risk is likely to occur
B) Ensuring that all participants agree on the identified risks
C) Developing an appropriate response to the identified risks
D) Ranking the importance of the stakeholders involved in the activity

2. Which is provided by the 'M_o_R principles'?

A) Criteria used to measure the development of risk management
B) Design for an organization's corporate governance policy
C) Guidance for the design of a risk management approach
D) Inputs, outputs, tasks and techniques needed to implement risk management

3. Which is a goal of the 'plan' process step?

A) Set the risk tolerance of an activity
B) Choose appropriate actions to deal with risks
C) Agree the timing of the risk communications plan
D) Understand an activity's pre-response risk exposure

4. Which is identified by use of the 'SWOT analysis' technique?

A) Net effect of risks on the objectives of an activity
B) Factors that may impact the objectives of an activity
C) Stakeholders involved in an activity
D) Roles and responsibilities of those involved in an activity

5. Which BEST describes an area of uncertainty at the strategic perspective?

A) Impact of business changes on current organizational performance
B) Ability of the infrastructure to meet the required level of service
C) Stakeholder opinions of operational activities that may affect the organizational reputation
D) Changes to scope, quality, cost and schedule of business products

Solutions: