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EXIN Management of Risk Foundation Sample Questions:

1. What objectives are associated with decisions on risks to the achievement of long-term goals?

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

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

A) Maintaining the appropriate levels of service delivery to new and existing customers
B) Implementing business strategy to improve organizational performance
C) Delivering defined business change products within budget and on time
D) Developing plans to improve the overall efficiency of the organization

3. Which risk response option'takes the chance' that the risk will occur, with its full impact if it did?

A) Transfer the risk
B) Accept the risk
C) Prepare contingent plans
D) Share the risk

4. Which defines an'MoR health check'?

A) An approach to embed the M_o_R principles
B) A tool to identify how the application of M_o_R might be improved
C) A benchmarking of current capability
D) A list of actions to improve the way risk management is performed

5. Identify the missing word in the following sentence. The primary steps in the 'MoR process' are 'implement', identify', [ ? ] and assess'.

A) manage
B) plan
C) perform
D) record

Solutions: