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EXIN Management of Risk Foundation Sample Questions:

1. Which describes the risk response option'share the risk'?

A) Perform an action to minimise the impact of the risk should it occur
B) Carry out an action to make the uncertain situation certain
C) Partake in a pain/gain contract with another party for the specified risk
D) Obtain an insurance policy to cover the impact should the risk occur

2. What provides an analysis of trends of risks in different risk categories?

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

3. Which perspective would the 'fits the context' principle be applied to in order to identify laws that impact core business activities?

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

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) corporate governance
B) programme management
C) project management
D) business continuity management

5. Which sub-steps are included in the 'assess' step?

A) Context and risks
B) Estimate and evaluate
C) Context and estimate
D) Plan and evaluate

Solutions: