108 Exam Introduction

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PEOPLECERT 108 M_o_R® Foundation

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Question: 1 What provides a comparison of completed risk response actons with planned outcomes?

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

Answer: C Question: 2 Which is a purpose of 'embedding and reviewing' M_o_R? 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. Reportng on the risk response plan'

Answer: A Question: 3 Which is NOT a purpose of 'embedding and reviewing M_o_R'?

A. Assessing the implementaton of risk management B. Improving the risk culture of an organizaton C. Reviewing risk descriptons as a result of changes to the context D. Identies the opportunites for updatng existng risk management practces.

Answer: C Question: 4 Identfy the missing words in the following sentence. In order to safeguard value-creatng actvitese [ ? ] is used to build an efectve response to threats.

A. corporate governance B. business contnuity management C. programme management D. project management

Answer: B Question: 5

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Which describes 'residual' risk exposure?

A. Probability of a secondary risk occurring B. Efect on objectves if a risk occurs afer implementng risk response actons C. Chance of a risk occurring before risk response actons commence D. Proximity of a risk before risk response actons are completed

Answer: B Question: 6 Which informaton from the risk register is used during the 'assess - evaluate' step to calculate the total risk exposure of an actvity?

A. Identied risks resultng from a risk response acton B. Estmated likelihood of the risks occurring C. Exposure of the risks afer completon of risk responses D. The tmeframe in which the risks are likely to occur

Answer: B Question: 7 Which is a responsibility of a 'risk actonee'?

A. Identfy risks that might occur to actvites in their department B. Develop strategies to improve the management of risk C. Manage all aspects of an assigned risk D. Perform a risk response acton to respond to a partcular risk

Answer: D Question: 8 Which is a purpose for an ‘M_o_R health check’?

A. Review how well risk management practces have been embedded B. Examine future developments that may afect an organizaton's level of exposure to risk C. Provide a snapshot of the current status of identied risks D. Identfy individuals or groups of individuals that have an interest in an organizatons planned actvity

Answer: A Question: 9 Which describes the threat response opton 'accept the risk'?

A. Perform an acton to minimize the impact of the risk should it occur

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B. Carry out an acton to make the uncertain situaton certain C. Take no acton except monitor the risk to ensure it remains tolerable D. Partake in a pain/gain contract with another party for the speciied risk

Answer: C Question: 10 Which is identied by the use of the 'PESTLE' analysis technique?

A. Stakeholders involved in an actvity B. Roles and responsibilites of those involved in an actvity C. Factors that may impact the actvity D. Net efect of risks identied during an actvity

Answer: C Question: 11 Which is a purpose of using a risk maturity model?

A. Identfy where the applicaton of risk management within an organizaton can be improved B. Understand the nature of risks facing an organizaton and the actons needed to respond C. Provide independent risk informaton at key decision points within a programme or project D. Show to which organizatonal actvites risk management should be applied

Answer: A Question: 12 Which does the SWOT analysis technique help to identfy about an organizaton?

A. Long-term trends B. Stakeholder views C. Corporate governance requirements D. Internal strengths

Answer: D Question: 13 Which technique can be used to clarify potental sources of risks across an actvity?

A. Probabilistc risk models B. Summary risk proiles C. Risk breakdown structure D. Decision trees

Answer: C

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Question: 14 What objectves are associated with decisions on risks to the achievement of long-term goals?

A. Strategic B. Programme C. Project D. Operatonal

Answer: A Question: 15 Which explains a use of the risk management policy in the identfy context' step?

A. Identies changes to the organizaton's market B. Identies how past events could become sources of risk C. Describes how corporate governance will afect the risk management process D. Understand the maximum amount of risk that should be taken

Answer: D

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