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EXIN Management of Risk Foundation Sample Questions:

1. Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?

A) Ensuring the on-going viability of the organization
B) Maintaining the appropriate level of business services to customers
C) Enhancing an existing capability to improve organizational performance
D) Delivering a defined business change product within budget

2. What is the difference between a risk and an issue?

A) An Issue is a risk that has occurred, a risk is yet to occur
B) An issue impacts on quality, a risk impacts on benefits
C) A risk can impact on all activities, an issue impacts on project deliverables only
D) An issue has a short time-scale proximity and risk has medium- or long-term proximity

3. Which BEST describes an area of uncertainty at the operational perspective?

A) Damage to the organization's infrastructure
B) Variation to the schedule of a defined business product
C) Availability of skills required to deliver services to customers
D) Minimizing disruptions to customer services during transformational change

4. Which BEST describes an area of uncertainty at the programme perspective?

A) Changes to the scope of defined business products
B) Disruptions to operations during business change implementation
C) Availability of resources for the day-to-day delivery of services to customers
D) Introduction of new laws that affect core business activities

5. Which statement describes the'avoid a threat' risk response option?

A) Obtain an insurance policy to cover the impact should the risk occur
B) Remove the cause of the threat
C) Partake in a pain/gain contract with another party for the specified risk
D) Perform an action to minimise the impact of the risk should it occur

Solutions: