Online Access Free MORF Practice Test

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

• A.Evaluate the net cost of planned risk responses
• B.Calculate the net effect of risks facing the activity
• C.Evaluate the impact, probability and how soon risks might occur
• D.Assess and evaluate the effectiveness of procedures for managing risks

Which information from the risk register is used during the 'assess - evaluate' step to calculate the total risk exposure of an activity?

• A.The timeframe in which the risks are likely to occur
• B.Exposure of the risks after completion of risk responses
• C.Estimated likelihood of the risks occurring
• D.Identified risks resulting from a risk response action

What is the initial probability recorded in the risk register based on?

• A.Proximity of the risk
• B.Stage of the activity
• C.Pre-response assessment
• D.Post-response assessment

Which is a purpose of the 'risk management policy'?

• A.Describe how risk management practices will be implemented throughout an organization
• B.Define the Specific risk management activities that will be performed for an activity
• C.Explain the actions required to implement risk management
• D.Record information about threats and opportunities for an organizational activity

Which BEST describes an area of uncertainty at the programme perspective?

• A.Interdependences between business change initiatives
• B.Ability of the infrastructure to meet the required level of service
• C.Operational activities that may affect the organizational reputation
• D.Changes to customer requirements for business products