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EXIN Management of Risk Foundation Sample Questions:

1. Which is a use of a risk management maturity model?

A) Identifying areas where application of risk management can be improved
B) Enabling organizations to benchmark their current risk management capability
C) Checking the state of current risk management
D) Carrying out an enterprise wide assessment

2. 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) strategic
B) operational
C) programme
D) project

3. Which of the M_o_R framework core concepts is informed by corporate governance principles and the international standard for risk management ISO31000:2009?

A) M_o_R process
B) M_o_R principles
C) Embedding and reviewing M_o_R
D) M_o_R approach

4. Which is a purpose for carrying out an'M_o_R health check'?

A) Examine future developments that may affect an organization's level of exposure to risk
B) Review how well risk management practices have been embedded
C) Identify the number of risks emerging in different risk categories
D) Provide a snapshot of the current status of identified risks

5. 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) corporate governance
C) project management
D) programme management

Solutions: