108 EXAM PREPARATION

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Question #1 (Topic: Demo Questions)

Which is identified by the use of the 'PESTLE' analysis technique?

Stakeholders involved in an activity

Roles and responsibilities of those involved in an activity

Factorsthat may impact the activity

Net effect of risks identified during an activity

Correct Answer: C

Question #2 (Topic: Demo Questions)

Which describes the threat response option 'accept the risk'?

Perform an action to minimize the impact of the risk should it occur

Carry out an action to make the uncertain situation certain

Take no action except monitor the risk to ensure it remains tolerable

Partake in a pain/gain contract with another party for the specified risk

Correct Answer: C

Question #3 (Topic: Demo Questions)

Which is a purpose for an ‘M_o_R health check’?

Review how well risk management practices have been embedded

Examine future developments that may affect an organization's level of exposure to risk

Provide a snapshot of the current status of identified risks

Identify individuals or groups of individuals that have an interest in an organizations planned activity

Correct Answer: A

Question #4 (Topic: Demo Questions)

Which is a responsibility of a 'risk actionee'?

Identify risks that might occur to activities in their department

Develop strategies to improve the management of risk

Manage all aspects of an assigned risk

Perform a risk response action to respond to a particular risk

Correct Answer: D

Question #5 (Topic: Demo Questions)

Which describes 'residual' risk exposure?

Probability of a secondary risk occurring

Effect on objectives if a risk occurs after implementing risk response actions

Chance of a risk occurring before risk response actions commence

Proximity of a risk before risk response actions are completed

Correct Answer: B

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