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EXIN Management of Risk Foundation Sample Questions:

1. Which BEST describes an area of uncertainty at the programme perspective?

A) Operational activities that may affect the organizational reputation
B) Changes to customer requirements for business products
C) Interdependences between business change initiatives
D) Ability of the infrastructure to meet the required level of service

2. What principle promotes dialogue with affected parties in a timely manner to help achieve organizational objectives?

A) Achieves measurable value
B) Aligns with objectives
C) Fits the context
D) Engages stakeholders

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

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

4. Which defines the inherent probability of a risk?

A) Calculation of the timeframe and urgency of a risk prior to a risk response
B) Likelihood of an issue occurring before implementing a risk response
C) Chance of a risk occurring before implementing a risk response
D) Effect of the risk on the activity after implementing a risk response

5. What is corporate governance?

A) A plan for the fast and efficient resumption of essential business services
B) The systematic application of principles, an approach and a process to the tasks of managing risk
C) A sound system of internal control to ensure that effective management systems have been established to protect the organization
D) A standard set of high-level criteria against which the degree of difficulty of a proposed project is assessed

Solutions: