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EXIN Management of Risk Foundation Sample Questions:
1. What does a 'risk management strategy' describe?
A) Series of steps needed to implement risk management
B) Processes required to improve risk management within an organization
C) Specific risk management practices that will be performed within an activity
D) Risk management policies that will be implemented throughout an organization
2. Which does the SWOT analysis technique help to identify about an organization?
A) Corporate governance requirements
B) Stakeholder views
C) Internal strengths
D) Long-term trends
3. Which sub-steps are included in the 'assess' step?
A) Context and risks
B) Context and estimate
C) Plan and evaluate
D) Estimate and evaluate
4. Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?
A) Delivering defined business change products within budget and on time
B) Maintaining the appropriate levels of service delivery to new and existing customers
C) Implementing business strategy to improve organizational performance
D) Developing plans to improve the overall efficiency of the organization
5. Which perspective is concerned with decisions about risks to long-term objectives that may not become apparent until well into the future?
A) Strategic
B) Programme
C) Operational
D) Project
Solutions:
Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |