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EXIN Management of Risk Foundation Sample Questions:

1. Which is a responsibility of the M_o_R manager role?

A) Defines how much risk should be taken
B) Prepares risk workshop materials
C) Ensures a risk review process is in operation
D) Define risk tolerance thresholds

2. Which is a common barrier to implementing the risk management process?

A) Lack of an assigned risk owner
B) Lack of risk facilitation resources and time
C) Lack of a high-risk appetite at senior management level
D) Lack of an appropriate response to a risk in an activity's risk register

3. What is the initial probability recorded in the risk register based on?

A) Pre-response assessment
B) Proximity of the risk
C) Stage of the activity
D) Post-response assessment

4. Which BEST describes an area of uncertainty at the operational perspective?

A) Minimizing disruptions to customer services during transformational change
B) Availability of skills required to deliver services to customers
C) Variation to the schedule of a defined business product
D) Damage to the organization's infrastructure

5. What is a 'central risk function'?

A) A group responsible for approving the funding for risk management
B) A group that may pose a risk to objectives through its opposition to plans
C) A group with formal responsibility for supporting strategic risk management
D) A group that acts on risks escalated from other perspectives

Solutions: