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EXIN Management of Risk Foundation Sample Questions:
1. What is the lack of senior management support a common barrier to?
A) Developing a risk communications plan
B) Involving stakeholders in risk identification
C) Implementing the steps in the risk management process
D) Identifying key performance indicators
2. What provides an analysis of trends of risks in different risk categories?
A) Risk improvement plan
B) Risk management strategy
C) Risk progress report
D) Risk communications plan
3. What objectives are associated with decisions about risks to the delivery of business change capabilities?
A) Strategic
B) Programme
C) Operational
D) Enterprise
4. Which is NOT a recommended risk response option for an 'opportunity'?
A) Transfer
B) Reduce
C) Enhance
D) Share
5. What is a 'central risk function'?
A) A group that may pose a risk to objectives through its opposition to plans
B) A group responsible for approving the funding for risk management
C) A group that acts on risks escalated from other perspectives
D) A group with formal responsibility for supporting strategic risk management
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |
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