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EXIN Management of Risk Foundation Sample Questions:

1. Which action does NOT contribute to achieving the goal of the 'identify - risks' step?

A) Understand a stakeholder's view of an activity's risk profile
B) Describe risks faced by the organization that may prevent an activity from succeeding
C) Define an activity's key performance indicators
D) Obtain information about the external and internal factors that may affect the planned activity

2. What risk management specialism is focused on ensuring an organization keeps operating following an incident?

A) Financial risk management
B) Safety and security
C) Health and safety
D) Business continuity management

3. Which is a purpose of the 'risk management policy'?

A) Describe how risk management practices will be implemented throughout an organization
B) Record information about threats and opportunities for an organizational activity
C) Explain the actions required to implement risk management
D) Define the Specific risk management activities that will be performed for an activity

4. What objectives are associated with decisions about risks to the delivery of business change capabilities?

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

5. What is the goal of the 'assess - estimate' step?

A) Assess the effectiveness of the risk management processes within an organization
B) Identify the threats and opportunities facing the organizational activity
C) Estimate and agree the budget required to manage risks to the activity
D) Determine the risks with the greatest effect on an activities objectives

Solutions: