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EXIN Management of Risk Foundation Sample Questions:

1. Which is a responsibility of the M_o_R risk specialist role?

A) Establish how risk management will be integrated with performance management
B) Ensure that risk management strategies have been created
C) Review progress to develop the risk management policy
D) Develop plans to improve risk management

2. Which is a benefit of effective risk management?

A) Eliminates risk to an activity
B) Improves the probability of achieving objectives
C) Guarantees business benefits will be delivered
D) Increases the number of risks that may occur for an activity

3. What step is used to determine those risks which have the greatest effect on the objectives of a planned activity?

A) Assess
B) Implement
C) Plan
D) Identify

4. What is the lack of senior management support a common barrier to?

A) Involving stakeholders in risk identification
B) Implementing the steps in the risk management process
C) Developing a risk communications plan
D) Identifying key performance indicators

5. Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?

A) Delivering a defined business change product within budget
B) Maintaining the appropriate level of business services to customers
C) Ensuring the on-going viability of the organization
D) Enhancing an existing capability to improve organizational performance

Solutions: