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QUESTION: 61

Identify the missing word(s) in the following sentence. The risk [ ? ] used during the 'implement' step compares the performance of response actions with their planned outcomes.

register
management strategy
progress report
response plan

Answer(s): C

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QUESTION: 62

What is represented graphically on a 'summary risk profile'?

Proximity of the identified risks
Information found in the risk register
Summary of the actions required to respond to the risks in the activity
Risk capacity for the activity

Answer(s): B

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QUESTION: 63

Which is a definition of a risk maturity model?

A framework of mature practices for appraising an organization's risk management competency
A tool for checking the health of current risk management
An assessment of an organization's risk management practice
A self-assessment check that the principles have been applied well

Answer(s): A

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QUESTION: 64

Which is a method for obtaining senior management commitment and support for understanding and managing risk?

Developing management of risk guidance handbooks and training materials
Ensuring the risk management function has a direct reporting line to a senior executive
Escalating risks from the programme, project or operational perspectives to higher levels as required
Making formal assessments of management of risk implementation in areas of concern

Answer(s): B

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