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EXIN Management of Risk Foundation Sample Questions:

1. Which is a purpose of using a risk maturity model?

A) Provide independent risk information at key decision points within a programme or project
B) Identify where the application of risk management within an organization can be improved
C) Show to which organizational activities risk management should be applied
D) Understand the nature of risks facing an organization and the actions needed to respond

2. What objectives are associated with decisions about risks to the delivery of business change capabilities?

A) Enterprise
B) Strategic
C) Operational
D) Programme

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

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

4. How is the risk register used in the'assess - estimate' step?

A) Update the residual risk exposure
B) Revise risk descriptions as necessary
C) Identify risk owners
D) Record identified risks

5. What defines the threshold levels of risk exposure that when exceeded will trigger a response?

A) Risk appetite
B) Risk perception
C) Risk capacity
D) Risk tolerance

Solutions: