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EXIN Management of Risk Foundation Sample Questions:

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

A) Availability of skills to deliver services to new and existing customers
B) Legislation that affects core business activities
C) Implementing new business practices across organizational boundaries
D) Schedule of business products to time and cost

2. What provides an analysis of trends of risks in different risk categories?

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

3. Which is NOT a method for obtaining senior management commitment and support for understanding and managing risk?

A) Having a board-level sponsor defined and communicated to all staff
B) Having risk delivery linked to performance objectives
C) Communicating risk management successes
D) Undertaking qualitative and quantitative assessment of risks

4. What is corporate governance?

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

5. Which can be used to measure the impact a risk management awareness programme has on an organization?

A) Benchmarking
B) Brainstorming
C) Gateway reviews
D) Risk questionnaires

Solutions: