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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) Developing plans to improve the overall efficiency of the organization
B) Delivering defined business change products within budget and on time
C) Maintaining the appropriate levels of service delivery to new and existing customers
D) Implementing business strategy to improve organizational performance
2. Which is identified by use of the 'SWOT analysis' technique?
A) Net effect of risks on the objectives of an activity
B) Roles and responsibilities of those involved in an activity
C) Stakeholders involved in an activity
D) Factors that may impact the objectives of an activity
3. Which document defines how much risk should be taken for a particular activity?
A) Risk management strategy
B) Risk management process guide
C) Risk progress report
D) Risk management policy
4. What is the lack of senior management support a common barrier to?
A) Implementing the steps in the risk management process
B) Identifying key performance indicators
C) Developing a risk communications plan
D) Involving stakeholders in risk identification
5. What is the difference between a risk and an issue?
A) A risk is impacting objectives now, an issue may have an impact on objectives
B) A risk may have an impact on objectives, an issue is impacting objectives now
C) A risk has a negative impact on objectives, an issue has a positive impact on objectives
D) A risk can impact on all activities, an issue impacts on project deliverables only
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B |


