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EXIN Management of Risk Foundation Sample Questions:

1. What document provides a record of the risks identified for a particular activity?

A) Risk improvement plan
B) Risk management strategy
C) Risk register
D) Risk progress report

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

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

3. What is an opportunity?

A) An event that has occurred resulting in a negative impact on objectives or benefits
B) An uncertain event that could have a favourable impact on objectives or benefits
C) An event that has occurred resulting in a favourable impact on objectives or benefits
D) An uncertain event that could have a negative impact on objectives or benefits

4. Which is a goal of the 'plan' process step?

A) Choose appropriate actions to deal with risks
B) Set the risk tolerance of an activity
C) Agree the timing of the risk communications plan
D) Understand an activity's pre-response risk exposure

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

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

Solutions: