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EXIN Management of Risk Foundation Sample Questions:

1. Which task will be carried out while performing the 'identify - risks' step?

A) Ensuring that all participants agree on the identified risks
B) Developing an appropriate response to the identified risks
C) Ranking the importance of the stakeholders involved in the activity
D) Calculating when an identified risk is likely to occur

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

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

3. Which is a purpose of 'embedding and reviewing' M_o_R?

A) Reporting on the risk response plan'
B) Ensuring the availability of appropriate techniques used in the risk management process steps
C) Maximizing the return on investment in risk management
D) Assuring the appointment of risk owners

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

5. Which is a use of the 'SWOT analysis' technique?

A) Estimating the market share of competitors
B) Informing of the status of the risks facing an activity
C) Identifying future developments that are at the margins of current thinking
D) Examining regulatory and corporate governance requirements

Solutions: