About EXIN Management of Risk Foundation exam torrent

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EXIN Management of Risk Foundation Sample Questions:

1. Identify the missing words in the following sentence. In order to safeguard value-creating activities, [ ? ] is used to build an effective response to threats.

A) business continuity management
B) project management
C) corporate governance
D) programme management

2. What step is used to determine the likelihood of a risk occurring?

A) Assess - evaluate
B) Identify - risks
C) Assess - estimate
D) Identify-context

3. Which is a responsibility of the M_o_R assurance role?

A) Advise the senior team that the correct risk management roles exist
B) Develop plans to improve risk management
C) Ensure the availability of staff to implement the risk management strategy
D) Validate assessment of individual risks

4. Which BEST describes the 'reduce the threat' risk response option?

A) Changing the planned tasks in an activity
B) Monitoring a risk to ensure it remains within acceptable tolerance
C) Partaking in a pain/gain contract with another party for a specified risk
D) Performing an action to minimise the chance of a risk impacting objectives

5. What is an opportunity?

A) An event that has occurred resulting in a negative impact on objectives or benefits
B) An uncertain event that could have a favourable impact on objectives or benefits
C) An event that has occurred resulting in a favourable impact on objectives or benefits
D) An uncertain event that could have a negative impact on objectives or benefits

Solutions: