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EXIN Management of Risk Foundation Sample Questions:

1. Which is NOT described in the M_o_R risk management process guide?

A) Procedures for escalation and delegation between the different perspectives
B) Tools and techniques to support the risk management process steps
C) Roles and responsibilities for the process
D) Templates, their purpose and locations

2. What M_o_R principle states that managing risks is most effective when staff members are rewarded for proactive risk management behaviour?

A) Achieves measurable value
B) Facilitates continual improvement
C) Informs decision-making
D) Creates a supportive culture

3. Which document describes how risk management activities will support the achievement of corporate objectives throughout an organization?

A) Risk progress report
B) Risk management process guide
C) Risk management policy
D) Risk management strategy

4. What provides a comparison of completed risk response actions with planned outcomes?

A) Risk response plan
B) Risk improvement plan
C) Risk progress report
D) Risk management strategy

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

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

Solutions: