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EXIN Management of Risk Foundation Sample Questions:

1. Which is a goal of the 'plan' process step?

A) Understand an activity's pre-response risk exposure
B) Set the risk tolerance of an activity
C) Choose appropriate actions to deal with risks
D) Agree the timing of the risk communications plan

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

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

3. Which is a central 'M_o_R approach' document?

A) Risk register
B) Risk management policy
C) Risk communications plan
D) Risk improvement plan

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 a responsibility of the M_o_R senior manager role?

A) Review progress to develop the risk management policy
B) Develop risk improvement plans
C) Define the amount of risk that should be taken for the organization
D) Specify risk tolerance levels

Solutions: