Peoplecert Peoplecert Certifications PC0-006 Questions & Answers

• Question 21:

  Which defines an'MoR health check'?

  A. A list of actions to improve the way risk management is performed

  B. A benchmarking of current capability

  C. A tool to identify how the application of M_o_R might be improved

  D. An approach to embed the M_o_R principles

  Correct Answer: C

• Question 22:

  Which is a goal of the 'assess - evaluate' step?

  A. Obtain information about the external factors that may affect the planned activity

  B. Calculate the total risk exposure to the activity

  C. Gather information about threats to the organization that may reduce the likelihood of the activity succeeding

  D. Understand the organization's approach to managing risk

  Correct Answer: B

• Question 23:

  Which is a primary step within the 'M_o_R process'?

  A. Manage

  B. Assess

  C. Embed

  D. Control

  Correct Answer: B

• Question 24:

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

  A. Stakeholders involved in an activity

  B. Roles and responsibilities of those involved in an activity

  C. Factors that may impact the objectives of an activity

  D. Net effect of risks on the objectives of an activity

  Correct Answer: C

• Question 25:

  Which is a responsibility of the M_o_R senior manager role?

  A. Specify risk tolerance levels

  B. Define the amount of risk that should be taken for the organization

  C. Develop risk improvement plans

  D. Review progress to develop the risk management policy

  Correct Answer: A

• Question 26:

  What is the difference between a risk and an issue?

  A. An issue has a short time-scale proximity and risk has medium- or long-term proximity

  B. An issue impacts on quality, a risk impacts on benefits

  C. An Issue is a risk that has occurred, a risk is yet to occur

  D. A risk can impact on all activities, an issue impacts on project deliverables only

  Correct Answer: C

• Question 27:

  Which defines the inherent probability of a risk?

  A. Likelihood of an issue occurring before implementing a risk response

  B. Effect of the risk on the activity after implementing a risk response

  C. Calculation of the timeframe and urgency of a risk prior to a risk response

  D. Chance of a risk occurring before implementing a risk response

  Correct Answer: D

• Question 28:

  What M_o_R principle recommends the sharing of experiences across the organization to help senior management decision making?

  A. Informs decision making

  B. Facilitates continual improvement

  C. Achieves measurable value

  D. Provides clear guidance

  Correct Answer: B

• Question 29:

  Which describes the cause of a risk?

  A. Likelihood of the risk occurring

  B. Potential trigger point for a risk

  C. Impact of the risk on an activity

  D. Risk remaining after implementing a risk response

  Correct Answer: B

• Question 30:

  Which is a responsibility of the team?

  A. Ensure adequate resources are available to implement the risk management strategy

  B. Run risk management workshops

  C. Develop the risk improvement plan

  D. Identify and escalate risks

  Correct Answer: D