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Exam Code: MORFExam Name: Management of Risk Foundation
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MORF Latest Dumps Total Q&A: 140 Questions and Answers
Last Update: 2014-07-29
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Exam Code: MOPFExam Name: Management of Portfolio® Foundation
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MOPF Practice Test Total Q&A: 100 Questions and Answers
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NO.1 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.2 Which describes the cause of a risk?
A. Likelihood of the risk occurring
B. Potential trigger point for a risk
C. Impact of the risk on an activity
D. Risk remaining after implementing a risk response
Answer: B
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NO.3 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.4 Which is a use of a risk management maturity model?
A. Enabling organizations to benchmark their current risk management capability
B. Checking the state of current risk management
C. Identifying areas where application of risk management can be improved
D. Carrying out an enterprise wide assessment
Answer: A
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NO.5 What document describes how risk management activities relate to the achievement of
strategic objectives?
A. Risk progress report
B. Risk management process guide
C. Risk management policy
D. Risk register
Answer: C
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NO.6 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.7 Which describes the threat response option 'accept the risk'?
A. Perform an action to minimize the impact of the risk should it occur
B. Carry out an action to make the uncertain situation certain
C. Take no action except monitor the risk to ensure it remains tolerable
D. Partake in a pain/gain contract with another party for the specified risk
Answer: C
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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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