PeopleCert 108 Exam Practice Test Instant Access

Question 1

Which is recorded in the risk response plan during the 'plan' step?

AActions to improve risk management

BUnmanaged risks

CNumber of risks in different categories

DActions developed to mitigate threats

Answer : D

Question 2

Which is a benefit of effective risk management?

AGuarantees business benefits will be delivered

BIncreases the number of risks that may occur for an activity

CImproves the probability of achieving objectives

DEliminates risk to an activity

Answer : C

Question 3

What defines the threshold levels of risk exposure that when exceeded will trigger a response?

ARisk perception

BRisk capacity

CRisk tolerance

DRisk appetite

Answer : C

Question 4

Which is provided by the 'M_o_R principles'?

AGuidance for the design of a risk management approach

BDesign for an organization's corporate governance policy

CCriteria used to measure the development of risk management

DInputs, outputs, tasks and techniques needed to implement risk management

Answer : A

Question 5

Which action does NOT contribute to achieving the goal of the 'identify - risks' step?

ADescribe risks faced by the organization that may prevent an activity from succeeding

BDefine an activity's key performance indicators

CObtain information about the external and internal factors that may affect the planned activity

DUnderstand a stakeholder's view of an activity's risk profile

Answer : C

Question 6

Which describes the 'reduce a threat' risk response option?

APerform an action to minimise the impact and/or probability of the risk

BRemove the cause of the threat

CObtain an insurance policy to cover the impact should the risk occur

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

Answer : A

Question 7

Which is NOT described in the M_o_R risk management process guide?

ARoles and responsibilities for the process

BTools and techniques to support the risk management process steps

CProcedures for escalation and delegation between the different perspectives

DTemplates, their purpose and locations

Answer : C

PeopleCert Management of Risk Foundation (MOR) Exam Practice Test