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EXIN Management of Risk Foundation Sample Questions:

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

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

2. Identify the missing word in the following sentence. The primary steps in the 'MoR process' are 'implement', identify', [ ? ] and assess'.

A) record
B) perform
C) manage
D) plan

3. Which action does NOT contribute to achieving the goal of the 'identify - risks' step?

A) Define an activity's key performance indicators
B) Understand a stakeholder's view of an activity's risk profile
C) Obtain information about the external and internal factors that may affect the planned activity
D) Describe risks faced by the organization that may prevent an activity from succeeding

4. Which of the M_o_R framework core concepts is informed by corporate governance principles and the international standard for risk management ISO31000:2009?

A) M_o_R approach
B) M_o_R principles
C) Embedding and reviewing M_o_R
D) M_o_R process

5. Which BEST describes an area of uncertainty at the strategic perspective?

A) Changes to scope, quality, cost and schedule of business products
B) Stakeholder opinions of operational activities that may affect the organizational reputation
C) Ability of the infrastructure to meet the required level of service
D) Impact of business changes on current organizational performance

Solutions: