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MORF Exam Dumps - Management of Risk Foundation

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Question # 4

What is an issue?

A.

An uncertain event that may occur in the future

B.

An outcome perceived as negative by one or more stakeholders

C.

An intangible artefact produced as a result of a planned activity

D.

A relevant event that has happened requiring management action

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Question # 5

Which is recorded in the 'risk register'?

A.

Events that have already occurred

B.

Organizational risk appetite and capacity

C.

Risk management practices within an organization

D.

Threats and opportunities

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Question # 6

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.

A.

operational

B.

project

C.

programme

D.

strategic

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Question # 7

Which is an M_o_R principle?

A.

Supports organizational performance

B.

Achieves measurable value

C.

Changes the culture of risk management

D.

Embedding and reviewing

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Question # 8

Which is NOT described in the M_o_R risk management process guide?

A.

Roles and responsibilities for the process

B.

Tools and techniques to support the risk management process steps

C.

Procedures for escalation and delegation between the different perspectives

D.

Templates, their purpose and locations

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