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EXIN Management of Risk Foundation Sample Questions:

1. Which is a responsibility of the M_o_R risk specialist role?

A) Establish how risk management will be integrated with performance management
B) Ensure that risk management strategies have been created
C) Review progress to develop the risk management policy
D) Develop plans to improve risk management

2. What step is used to determine the likelihood of a risk occurring?

A) Assess - estimate
B) Identify-context
C) Assess - evaluate
D) Identify - risks

3. Which specialism has been developed to offer business as usual in the quickest possible time in the event of an emergency?

A) Business continuity management
B) Incident and crisis management
C) Reputational risk management
D) Health and safety management

4. Which is a responsibility of the senior team role?

A) Document the importance of risk management towards achieving organizational objectives
B) Approve assessments of risk probability, impact and proximity
C) Specify the required budget to fund risks
D) Agree the timing of risk progress reports for an activity

5. Which is a central 'M_o_R approach' document?

A) Risk register
B) Risk improvement plan
C) Risk management policy
D) Risk communications plan

Solutions: