EXIN EX0-004 : Management of Risk Foundation

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EXIN Management of Risk Foundation Sample Questions:

1. Which is a primary step within the 'M_o_R process'?

A) Embed
B) Manage
C) Assess
D) Control

2. Which is NOT a purpose of 'embedding and reviewing M_o_R'?

A) Identifies the opportunities for updating existing risk management practices.
B) Assessing the implementation of risk management
C) Reviewing risk descriptions as a result of changes to the context
D) Improving the risk culture of an organization

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

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

4. Which is NOT a use of the 'SWOT analysis' technique?

A) Provide an internal and external environmental analysis when used with other techniques
B) Identify long-term developments that could affect the organization's objectives
C) Identify external factors that may have an effect on the organization's objectives
D) Create an understanding of a current market position

5. Which BEST describes an area of uncertainty at the strategic perspective?

A) Ability of the infrastructure to meet the required level of service
B) Stakeholder opinions of operational activities that may affect the organizational reputation
C) Impact of business changes on current organizational performance
D) Changes to scope, quality, cost and schedule of business products

Solutions: