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EXIN Management of Risk Foundation Sample Questions:

1. Which is a common barrier to implementing the risk management process?

A) Lack of a high-risk appetite at senior management level
B) Lack of an appropriate response to a risk in an activity's risk register
C) Lack of policies, processes, strategies and plans
D) Lack of an assigned risk owner

2. Identify the missing words in the following sentence. The primary outcome of the [ ? ] principle is that organizations learn from their mistakes.

A) creates a supportive culture
B) provides clear guidance
C) facilitates continual improvement
D) achieves measurable value

3. Identify the missing word in the following sentence, The focus of risk management at the [ ? ] perspective is delivering a defined business product through a temporary organization. .

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

4. Identify the missing words in the following sentence.
The [ ? ] technique is used to measure the net effect of the threats and opportunities facing an activity.

A) cost-benefit analysis
B) impact assessment
C) summary expected value assessment
D) summary risk profile

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

A) Factors that may impact the objectives of an activity
B) Stakeholders involved in an activity
C) Net effect of risks on the objectives of an activity
D) Roles and responsibilities of those involved in an activity

Solutions: