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Exin MORF Exam Dumps Questions and Answers

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Management of Risk Foundation Questions and Answers

Questions 1

Which is a purpose of using a risk maturity model?

Options:

A.

Identify where the application of risk management within an organization can be improved

B.

Understand the nature of risks facing an organization and the actions needed to respond

C.

Provide independent risk information at key decision points within a programme or project

D.

Show to which organizational activities risk management should be applied

Questions 2

What may be recorded in the risk register during the 'identify - risks' step?

Options:

A.

The probability and impact of an identified risk

B.

An action required to mitigate an identified risk

C.

A risk description expressed as a cause, event and effect

D.

The risk actionee for an identified risk response

Questions 3

Identify the missing word in the following sentence. Applying the 'aligns with objectives' principle at the [ ? ] perspective ensures risk management is responsive to changes to objectives that meet shareholder needs, reputation and demand for services.

Options:

A.

operational

B.

project

C.

programme

D.

strategic