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EXIN Management of Risk Foundation Sample Questions:

1. Which is needed together with the risk management policy and risk management process guide to form an'M_o_R approach'?

A) Risk register
B) Risk progress report
C) Risk management strategy
D) Risk response plan

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

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

3. Which describes the cause of a risk?

A) Likelihood of the risk occurring
B) Impact of the risk on an activity
C) Risk remaining after implementing a risk response
D) Potential trigger point for a risk

4. Which is recorded in the risk register in the 'identify - risks' step?

A) Responses to risks
B) Description of the risk
C) Lessons learned from completed activities
D) Assessed probability of risks

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

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

Solutions: