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Exam Code: MORFExam Name: Management of Risk Foundation
One year free update, No help, Full refund!
MORF Exam Dumps Total Q&A: 140 Questions and Answers
Last Update: 04-23,2015
MORF Braindumps Detail : Click Here
NO.1 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.2 What is the goal of the 'assess - estimate' step?
A. Identify the threats and opportunities facing the organizational activity
B. Estimate and agree the budget required to manage risks to the activity
C. Assess the effectiveness of the risk management processes within an organization
D. Determine the risks with the greatest effect on an activities objectives
Answer: D
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NO.3 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.4 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.5 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.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 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.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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