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EXIN Management of Risk Foundation Sample Questions:

1. Identify the missing word in the following sentence, The focus of risk management at the [ ? ] perspective is delivering a defined business product through a temporary organization. .

A) project
B) operational
C) strategic
D) programme

2. What principle is supported by early warning indicators?

A) Informs decision-making
B) Aligns with objectives
C) Engages stakeholders
D) Fits the context

3. What is the goal of the 'assess - estimate' step?

A) Assess the effectiveness of the risk management processes within an organization
B) Estimate and agree the budget required to manage risks to the activity
C) Identify the threats and opportunities facing the organizational activity
D) Determine the risks with the greatest effect on an activities objectives

4. Identify the missing words in the following sentence. Actions to [ ? ] are the source of secondary risks.

A) embed risk management
B) improve how risk is managed
C) tackle risks to an organizational activity
D) transform process step inputs to outputs

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

A) Developing plans to improve the overall efficiency of the organization
B) Implementing business strategy to improve organizational performance
C) Delivering defined business change products within budget and on time
D) Maintaining the appropriate levels of service delivery to new and existing customers

Solutions: