Peoplecert Peoplecert Certifications PC0-006 Questions & Answers

• Question 31:

  Which is needed together with the risk management policy and risk management process guide to form an 'M_o_R approach'?

  A. Risk response plan

  B. Risk progress report

  C. Risk register

  D. Risk management strategy

  Correct Answer: D

• Question 32:

  Which is recorded in the risk register in the 'identify - risks' step?

  A. Lessons learned from completed activities

  B. Responses to risks

  C. Assessed probability of risks

  D. Description of the risk

  Correct Answer: D

• Question 33:

  Which is a benefit of effective risk management?

  A. Guarantees business benefits will be delivered

  B. Increases the number of risks that may occur for an activity

  C. Improves the probability of achieving objectives

  D. Eliminates risk to an activity

  Correct Answer: C

• Question 34:

  What M_o_R principle states that managing risks is most effective when staff members are rewarded for proactive risk management behaviour?

  A. Informs decision-making

  B. Facilitates continual improvement

  C. Creates a supportive culture

  D. Achieves measurable value

  Correct Answer: C

• Question 35:

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

  A. Risk perception

  B. Risk capacity

  C. Risk tolerance

  D. Risk appetite

  Correct Answer: C

• Question 36:

  Which is provided by the 'M_o_R principles'?

  A. Guidance for the design of a risk management approach

  B. Design for an organization's corporate governance policy

  C. Criteria used to measure the development of risk management

  D. Inputs, outputs, tasks and techniques needed to implement risk management

  Correct Answer: A

• Question 37:

  Which risk response option 'takes the chance' that the risk will occur, with its full impact if it did?

  A. Accept the risk

  B. Transfer the risk

  C. Share the risk

  D. Prepare contingent plans

  Correct Answer: A

• Question 38:

  What provides an analysis of trends of risks in different risk categories?

  A. Risk management strategy

  B. Risk progress report

  C. Risk communications plan

  D. Risk improvement plan

  Correct Answer: B

• Question 39:

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

  A. Describe risks faced by the organization that may prevent an activity from succeeding

  B. Define an activity's key performance indicators

  C. Obtain information about the external and internal factors that may affect the planned activity

  D. Understand a stakeholder's view of an activity's risk profile

  Correct Answer: C

• Question 40:

  What does a 'risk management strategy' describe?

  A. Series of steps needed to implement risk management

  B. Specific risk management practices that will be performed within an activity

  C. Risk management policies that will be implemented throughout an organization

  D. Processes required to improve risk management within an organization

  Correct Answer: B