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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) Ranking the importance of the stakeholders involved in the activity
C) Developing an appropriate response to the identified risks
D) Ensuring that all participants agree on the identified risks

2. Which sub-steps are included in the 'assess' step?

A) Context and estimate
B) Estimate and evaluate
C) Plan and evaluate
D) Context and risks

3. Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?

A) Ensuring the on-going viability of the organization
B) Maintaining the appropriate level of business services to customers
C) Delivering a defined business change product within budget
D) Enhancing an existing capability to improve organizational performance

4. Which is used to determine 'inherent' risk exposure?

A) Impact of a secondary risk if it occurs
B) Effect on objectives if a risk occurs before starting to tackle risks
C) Proximity of a risk after implementation of risk response actions
D) Likelihood of a risk occurring after completed risk response actions

5. Which is a responsibility of the M_o_R assurance role?

A) Validate assessment of individual risks
B) Advise the senior team that the correct risk management roles exist
C) Ensure the availability of staff to implement the risk management strategy
D) Develop plans to improve risk management

Solutions: