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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) operational
B) strategic
C) programme
D) project

2. Which is used in the calculation of 'inherent' risk exposure?

A) Probability of a risk before risk response actions are implemented
B) Effect on objectives if a risk occurs after completed risk response actions
C) Proximity of a risk before risk response actions are implemented
D) Likelihood of a secondary risk occurring

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

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

4. What is the initial probability recorded in the risk register based on?

A) Proximity of the risk
B) Pre-response assessment
C) Stage of the activity
D) Post-response assessment

5. Which BEST describes an area of uncertainty at the operational perspective?

A) Capabilities of the infrastructure to deliver services
B) Changes to the delivery schedule of business products
C) Conflicts during the implementation of business strategy
D) Opinions of stakeholders that may affect the organizational reputation

Solutions: