RIMS-CRMP Actual Exam questions and correct answers| Latest Update

RIMS-CRMP Actual Exam questions and correct answers| Latest Update A business model is a set of assumptions about the ______ A. financial stability of an organization B. organizational structure of a business C. products and services past performance D. way an organization creates value D. way an organization creates value What two analytical tools are particularly useful in analyzing the business model? A. Key performance indicators and total cost of risk B. Key risk indicators and gap analysis C. Pareto analysis and root cause analysis D. Value chain analysis and benchmarking D. Value chain analysis and benchmarking Risk management professionals conduct supply-chain analyses to identify _______________ . A. contingent business interruption coverage B. customer technology needs C. international regulatory requirements D. potential vulnerabilities to the organization D. potential vulnerabilities to the organization Which activity does the risk management professional perform immediately after obtaining internal and external information about the organization? A. analyze the information B. organize the information C. prioritize the information D. report the information B. organize the information Which risk identification and analysis technique should a risk management professional use in order to gather information from multiple departments in a brainstorming session that helps to identify shared risks within an organization? A. checklists B. flowcharts C. workshops D. questionnaires C. workshops When analyzing an organization's value chain, which of the following would be considered a primary activity? A. technological development B. human resources management C. infrastructure management D. outbound logistics D. outbound logistics The organization's resources and internal support are ________ the risk management strategy.