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EXIN Management of Risk Foundation Sample Questions:

1. Which can be used to measure the impact a risk management awareness programme has on an organization?

A) Risk questionnaires
B) Brainstorming
C) Benchmarking
D) Gateway reviews

2. What is the difference between a risk and an issue?

A) A risk has a negative impact on objectives, an issue has a positive impact on objectives
B) A risk can impact on all activities, an issue impacts on project deliverables only
C) A risk may have an impact on objectives, an issue is impacting objectives now
D) A risk is impacting objectives now, an issue may have an impact on objectives

3. Which document describes how risk management activities will support the achievement of corporate objectives throughout an organization?

A) Risk management strategy
B) Risk management process guide
C) Risk progress report
D) Risk management policy

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

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

5. What is the lack of senior management support a common barrier to?

A) Developing a risk communications plan
B) Implementing the steps in the risk management process
C) Identifying key performance indicators
D) Involving stakeholders in risk identification

Solutions: