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EXIN Management of Risk Foundation Sample Questions:

1. Which is a purpose of using a risk maturity model?

A) Provide independent risk information at key decision points within a programme or project
B) Identify where the application of risk management within an organization can be improved
C) Understand the nature of risks facing an organization and the actions needed to respond
D) Show to which organizational activities risk management should be applied

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

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

3. Which is a purpose of 'embedding and reviewing' M_o_R?

A) Assuring the appointment of risk owners
B) Reporting on the risk response plan'
C) Ensuring the availability of appropriate techniques used in the risk management process steps
D) Maximizing the return on investment in risk management

4. Which is a responsibility of a 'risk actionee'?

A) Perform a risk response action to respond to a particular risk
B) Identify risks that might occur to activities in their department
C) Manage all aspects of an assigned risk
D) Develop strategies to improve the management of risk

5. What provides an analysis of trends of risks in different risk categories?

A) Risk progress report
B) Risk improvement plan
C) Risk management strategy
D) Risk communications plan

Solutions: