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EXIN Management of Risk Foundation Sample Questions:

1. 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) Opinions of stakeholders that may affect the organizational reputation
D) Conflicts during the implementation of business strategy

2. What is the lack of senior management support a common barrier to?

A) Developing a risk communications plan
B) Implementing the steps in the risk management process
C) Involving stakeholders in risk identification
D) Identifying key performance indicators

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

A) Availability of resources for the day-to-day delivery of services to customers
B) Introduction of new laws that affect core business activities
C) Disruptions to operations during business change implementation
D) Changes to the scope of defined business products

4. What is the difference between a risk and an issue?

A) An Issue is a risk that has occurred, a risk is yet to occur
B) A risk can impact on all activities, an issue impacts on project deliverables only
C) An issue has a short time-scale proximity and risk has medium- or long-term proximity
D) An issue impacts on quality, a risk impacts on benefits

5. Identify the missing word in the following sentence. Applying the 'aligns with objectives'
principle at the [ ? ] perspective ensures risk management is responsive to changes to objectives that meet shareholder needs, reputation and demand for services.

A) operational
B) programme
C) strategic
D) project

Solutions: