Which is a goal of the 'plan' process step?
A. Choose appropriate actions to deal with risks
B. Set the risk tolerance of an activity
C. Agree the timing of the risk communications plan
D. Understand an activity's pre-response risk exposure
What is a threat?
A. An uncertain event that could have a negative impact on objectives
B. An uncertain event that could have a favourable impact on objectives
C. An event that has occurred resulting in a negative impact on objectives
D. An event that has occurred resulting in a favourable impact on objectives
Identify the missing words in the following sentence. The [ ? ] technique is used to measure the net effect of the threats and opportunities facing an activity.
A. cost-benefit analysis
B. summary expected value assessment
C. summary risk profile
D. impact assessment
Which specialism has been developed to offer business as usual in the quickest possible time in the event of an emergency?
A. Incident and crisis management
B. Business continuity management
C. Health and safety management
D. Reputational risk management
Which information does the 'PESTLE analysis' technique help to discover?
A. Identification of who should communicate with key stakeholders involved in an activity
B. Risks identified on previous similar activities
C. External factors that may have an impact on an activity
D. Future developments that are at the margins of current thinking and planning
What objectives are associated with decisions about risks to the delivery of business change capabilities?
A. Strategic
B. Enterprise
C. Programme
D. Operational
What is the purpose of using an M_o_R'health check'?
A. Understand the nature of risks facing an organization and the actions needed to respond
B. Provide alternative assurance and approval processes at key decision points within a programme
C. Examine an organization's current risk management practices to identify areas for improvement
D. Show which organizational activities that risk management should be applied to
Which is a benefit of effective risk management?
A. Successful completion of all change activities
B. Eliminates risk-taking within an organization
C. Improves the chances of organizational changes being successful
D. Guarantees business benefits will be delivered
Which is a purpose of the risk management process guide?
A. Explain how the risk management steps will be carried out across the organization
B. Describe the specific risk management activities that will be performed on a particular organizational activity
C. Explain how risk management practices will be implemented throughout an organization
D. Describe the steps required to improve the level of risk management within an organization
What may be recorded in the risk register during the 'identify - risks' step?
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
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