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EXIN Management of Risk Foundation Sample Questions:

1. Which is NOT a purpose of 'embedding and reviewing M_o_R'?

A) Improving the risk culture of an organization
B) Reviewing risk descriptions as a result of changes to the context
C) Identifies the opportunities for updating existing risk management practices.
D) Assessing the implementation of risk management

2. Which is a common barrier to implementing the risk management process?

A) Lack of an appropriate response to a risk in an activity's risk register
B) Lack of risk facilitation resources and time
C) Lack of a high-risk appetite at senior management level
D) Lack of an assigned risk owner

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

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

4. Which is a purpose of the risk management process guide?

A) Describe the specific risk management activities that will be performed on a particular organizational activity
B) Describe the steps required to improve the level of risk management within an organization
C) Explain how risk management practices will be implemented throughout an organization
D) Explain how the risk management steps will be carried out across the organization

5. Which is a purpose for carrying out an'M_o_R health check'?

A) Review how well risk management practices have been embedded
B) Examine future developments that may affect an organization's level of exposure to risk
C) Identify the number of risks emerging in different risk categories
D) Provide a snapshot of the current status of identified risks

Solutions: