Online Access Free EX0-004 Exam Questions

Which BEST describes the 'reduce the threat' risk response option?

• A.Partaking in a pain/gain contract with another party for a specified risk
• B.Monitoring a risk to ensure it remains within acceptable tolerance
• C.Performing an action to minimise the chance of a risk impacting objectives
• D.Changing the planned tasks in an activity

What is the lack of senior management support a common barrier to?

• A.Involving stakeholders in risk identification
• B.Developing a risk communications plan
• C.Implementing the steps in the risk management process
• D.Identifying key performance indicators

Which is a responsibility of the M_o_R assurance role?

• A.Ensure the availability of staff to implement the risk management strategy
• B.Validate assessment of individual risks
• C.Advise the senior team that the correct risk management roles exist
• D.Develop plans to improve risk management

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

• A.Obtain information about the external and internal factors that may affect the planned activity
• B.Define an activity's key performance indicators
• C.Describe risks faced by the organization that may prevent an activity from succeeding
• D.Understand a stakeholder's view of an activity's risk profile

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