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EXIN Management of Risk Foundation Sample Questions:
1. Which is a responsibility of the M_o_R senior team role?
A) Ensure an escalation process is in place
B) Develop plans to improve risk management
C) Ensure adequate resources are available to implement the risk management strategy
D) Maintain ownership of the risk management policy
2. Which is recorded in the risk register in the 'identify - risks' step?
A) Responses to risks
B) Description of the risk
C) Lessons learned from completed activities
D) Assessed probability of risks
3. Which BEST describes the 'reduce the threat' risk response option?
A) Monitoring a risk to ensure it remains within acceptable tolerance
B) Changing the planned tasks in an activity
C) Performing an action to minimise the chance of a risk impacting objectives
D) Partaking in a pain/gain contract with another party for a specified risk
4. What document describes how risk management activities relate to the achievement of strategic objectives?
A) Risk management process guide
B) Risk management policy
C) Risk register
D) Risk progress report
5. Which is a goal of the 'plan' process step?
A) Set the risk tolerance of an activity
B) Agree the timing of the risk communications plan
C) Understand an activity's pre-response risk exposure
D) Choose appropriate actions to deal with risks
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: D |



