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EXIN Management of Risk Foundation Sample Questions:

1. Which is NOT a reason for carrying out an'M_o_R health check?

A) Provide a snapshot of the current status of identified risks
B) Identify areas for improvement
C) Help gain maximum value from investment in risk management
D) Review how well risk management practices have been embedded

2. Which perspective ensures risk management maintains a view of the adequacy of controls that support service delivery to satisfy the fits the context principle?

A) Strategic
B) Project
C) Operational
D) Programme

3. Which is used to determine 'inherent' risk exposure?

A) Proximity of a risk after implementation of risk response actions
B) Effect on objectives if a risk occurs before starting to tackle risks
C) Impact of a secondary risk if it occurs
D) Likelihood of a risk occurring after completed risk response actions

4. Which perspective would the 'fits the context' principle be applied to in order to identify laws that impact core business activities?

A) Strategic
B) Project
C) Operational
D) Programme

5. What document describes how risk management activities relate to the achievement of strategic objectives?

A) Risk management policy
B) Risk management process guide
C) Risk register
D) Risk progress report

Solutions: