Question 1

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

Options :

A : Maximizing the return on investment in risk management

B : Assuring the appointment of risk owners

C : Ensuring the availability of appropriate techniques used in the risk management process steps

D : Reporting on the risk response plan'

Answer: A

Question 2

Which technique can be used to clarify potential sources of risks across an activity?

Options :

A : Probabilistic risk models

B : Summary risk profiles

C : Risk breakdown structure

D : Decision trees

Answer: C

Question 3

Which is used to determine 'inherent' risk exposure?

Options :

A : Impact of a secondary risk if it occurs

B : Likelihood of a risk occurring after completed risk response actions

C : Effect on objectives if a risk occurs before starting to tackle risks

D : Proximity of a risk after implementation of risk response actions

Answer: C

Question 4

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

Options :

A : Disruptions to operations during business change implementation

B : Introduction of new laws that affect core business activities

C : Availability of resources for the day-to-day delivery of services to customers

D : Changes to the scope of defined business products

Answer: A

Question 5

What step is used to determine the likelihood of a risk occurring?

Options :

A : Identify - risks

B : Assess - estimate

C : Assess - evaluate

D : Identify – context

Answer: B

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