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Exam Code: EX0-002Exam Name: PRINCE2 Foundation - Exam
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EX0-002 Test Questions Total Q&A: 145 Questions and Answers
Last Update: 2014-09-10
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Exam Code: EX0-004Exam Name: Management of Risk Foundation
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EX0-004 Test Questions Total Q&A: 140 Questions and Answers
Last Update: 2014-09-10
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Exam Code: MORFExam Name: Management of Risk Foundation
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MORF Test Answers Total Q&A: 140 Questions and Answers
Last Update: 2014-09-10
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NO.1 Identify the missing words in the following sentence. Because organizations [ ? ] they need to
use the environmental risk management' specialism.
A. are concerned about stakeholder perceptions
B. see brand and reputation as key assets
C. face financial penalties for polluting waterways
D. fail to deliver minimum standards
Answer: C
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NO.2 Which effect on the organization's objectives could the PESTLE analysis technique help to
identify
A. Risk exposure trends
B. Current external factors
C. Long-term developments
D. Internal strengths
Answer: B
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NO.3 Which is a purpose of using a risk maturity model?
A. Identify where the application of risk management within an organization can be improved
B. Understand the nature of risks facing an organization and the actions needed to respond
C. Provide independent risk information at key decision points within a programme or project
D. Show to which organizational activities risk management should be applied
Answer: A
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NO.4 Which is a responsibility of the senior team role?
A. Approve assessments of risk probability, impact and proximity
B. Specify the required budget to fund risks
C. Document the importance of risk management towards achieving organizational objectives
D. Agree the timing of risk progress reports for an activity
Answer: C
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NO.5 What objectives are associated with decisions about risks to the delivery of business change
capabilities?
A. Strategic
B. Enterprise
C. Programme
D. Operational
Answer: C
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NO.6 Which is NOT a recommended risk response option for an 'opportunity'?
A. Enhance
B. Transfer
C. Share
D. Reduce
Answer: D
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NO.7 Which is a method for obtaining senior management commitment and support for
understanding and managing risk?
A. Developing management of risk guidance handbooks and training materials
B. Ensuring the risk management function has a direct reporting line to a senior executive
C. Escalating risks from the programme, project or operational perspectives to higher levels as
required
D. Making formal assessments of management of risk implementation in areas of concern
Answer: B
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NO.8 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
Answer: B
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