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EXIN Management of Risk Foundation Sample Questions:

1. 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 policies, processes, strategies and plans
C) Lack of a high-risk appetite at senior management level
D) Lack of an assigned risk owner

2. Which information from the risk register is used during the'assess - evaluate' step to calculate the total risk exposure of an activity?

A) Identified risks resulting from a risk response action
B) The timeframe in which the risks are likely to occur
C) Exposure of the risks after completion of risk responses
D) Estimated likelihood of the risks occurring

3. 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

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

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

5. What may be recorded in the risk register during the 'identify - risks' step?

A) An action required to mitigate an identified risk
B) A risk description expressed as a cause, event and effect
C) The risk actionee for an identified risk response
D) The probability and impact of an identified risk

Solutions: