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EXIN Management of Risk Foundation Sample Questions:

1. Which is provided by the 'M_o_R principles'?

A) Criteria used to measure the development of risk management
B) Inputs, outputs, tasks and techniques needed to implement risk management
C) Guidance for the design of a risk management approach
D) Design for an organization's corporate governance policy

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

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

3. Identify the missing words in the following sentence. Actions to [ ? ] are the source of secondary risks.

A) transform process step inputs to outputs
B) embed risk management
C) improve how risk is managed
D) tackle risks to an organizational activity

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

A) Lack of an assigned risk owner
B) Lack of policies, processes, strategies and plans
C) Lack of a high-risk appetite at senior management level
D) Lack of an appropriate response to a risk in an activity's risk register

5. Which M_o_R principle advocates that an organization's risk appetite should be within the organization's risk capacity?

A) Aligns with objectives
B) Informs decision-making
C) Provides clear guidance
D) Fits the context

Solutions: