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EXIN Management of Risk Foundation Sample Questions:

1. Which BEST describes an area of uncertainty at the programme perspective?

A) Changes to customer requirements for business products
B) Operational activities that may affect the organizational reputation
C) Interdependences between business change initiatives
D) Ability of the infrastructure to meet the required level of service

2. Which is a benefit of effective risk management?

A) Staff members are better prepared to respond to incidents
B) Guarantees business benefits will be delivered
C) Activity plans are agreed before the activity commences
D) Removes the organization's need to take risks

3. Which is recorded in the'risk register'?

A) Organizational risk appetite and capacity
B) Events that have already occurred
C) Risk management practices within an organization
D) Threats and opportunities

4. What is an opportunity?

A) An uncertain event that could have a favourable impact on objectives or benefits
B) An uncertain event that could have a negative impact on objectives or benefits
C) An event that has occurred resulting in a favourable impact on objectives or benefits
D) An event that has occurred resulting in a negative impact on objectives or benefits

5. Which is NOT an action needed to achieve the goal of the 'assess - evaluate' step?

A) Determine which risks are independent of other risks
B) Evaluate the effectiveness of risk management across the organization
C) Calculate the total risk exposure for the activity
D) Determine which other risks will occur if a risk occurs

Solutions: