Assessment

An ERM (Enterprise Risk Management) question paper is a assessment tool used to evaluate a candidate's knowledge, understanding, and skills in identifying, assessing, and mitigating various risks within an organization. The paper typically consists of a series of questions, problems, or case studies that require the candidate to apply their knowledge of ERM principles, frameworks, and best practices. The questions may cover a range of topics, including: - Risk identification and assessment - Risk mitigation and management strategies - Risk monitoring and review - ERM frameworks and standards (e.g. COSO, ISO 31000) - Risk governance and culture - Enterprise risk management in different industries or sectors The question paper may include a mix of question types, such as: - Multiple-choice questions - Short-answer questions - Essay questions - Case studies - Problem-solving exercises The paper is designed to test the candidate's ability to think critically, apply theoretical knowledge to practical scenarios, and demonstrate their understanding of ERM concepts and principles.