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EXIN Management of Risk Foundation Sample Questions:

1. Which is NOT a reason for carrying out an'M_o_R health check?

A) Help gain maximum value from investment in risk management
B) Review how well risk management practices have been embedded
C) Identify areas for improvement
D) Provide a snapshot of the current status of identified risks

2. How is the risk progress report used in the'implement' step?

A) Identify the scales used to measure the probability and impact of a risk
B) Gain agreement for the amount of risk that can be taken
C) Identify the status against the activity's stated measures for risk management
D) Describe actions to enhance how risk management is performed

3. Which BEST describes an area of uncertainty at the operational perspective?

A) Conflicts during the implementation of business strategy
B) Changes to the delivery schedule of business products
C) Opinions of stakeholders that may affect the organizational reputation
D) Capabilities of the infrastructure to deliver services

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

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

5. Which perspective is concerned with decisions about risks to long-term objectives that may not become apparent until well into the future?

A) Operational
B) Project
C) Strategic
D) Programme

Solutions: