RISK MANAGEMENT TEST EXAM QUESTIONS WITH
DETAILED ANSWERS RATED A+
TheDfirstDstagesDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSPlanning
TheDsecondDstagesDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSIdentification
TheDthirdDstagesDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSAnalysis
TheDfourthDstagesDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSResponse
TheDlastDstageDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSMonitoringDandDcontrol
TheDprocessDofDsettingDriskDparametersDandDtolerancesDandDplanningDtheDriskDmanagementDcycle.
D-DCORRECTDANSWERSRiskDPlanning
TheDprocessDofDdiagnosingDtheDcurrentDexposureDtoDrisk;DidentifyingDrisksDandDcategorizingDthem.D
-DCORRECTDANSWERSRiskDIdentification
TheDprocessDofDsystematicallyDestimatingDandDprioritizingDrisks.D-
DCORRECTDANSWERSRiskDAnalysis
TheDprocessDofDdeterminingDhowDtoDaddressDeachDrisk.D-DCORRECTDANSWERSRiskDResponse
TheDprocessDofDensuringDriskDresponsesDadequatelyDaddressDriskDandD"residualDrisk."D-
DCORRECTDANSWERSRiskDMonitoringDandDControl
, Identify,Danalyze,DandDmitigateDrisksDtoDorganizationalDassetsDthatDcouldDadverselyDaffectDtheDoper
ationDandDdeliveryDofDservices.D-DCORRECTDANSWERSRiskDManagement
-DPrepareDforDriskDmanagement
-DEstablishDriskDparametersDandDfocus
-DIdentifyDrisk
-DAnalyzeDrisk
-DMitigateDandDcontrolDrisk
-DUseDriskDinformationDtoDmanageDresilienceD-DCORRECTDANSWERSRiskDGoals
ThreeDcategoriesDofDRISKDgoalsD-DCORRECTDANSWERSPreparation,DExecution,DLearning
T/F:DRISKDisDappliedDatDtheDenterpriseDlevel,DbutDnotDequalDtoDenterpriseDriskDmanagement.D-
DCORRECTDANSWERSTrue
CharacteristicsDofD________Drisk:
D FailedDinternalDprocesses
D InadvertentDorDdeliberateDactionsDofDpeopleD
D ProblemsDwithDsystemsDandDtechnology
D ExternalDeventsD(weather,Dsocio-political)D-DCORRECTDANSWERSOperationalDRisk
TheDbasicDriskDequationD-DCORRECTDANSWERSRiskD=DconditionD+Dconsequence
ADspecificDarticulationDofDtheDlevelDofDriskDanDorganizationDisDwillingDtoDacceptDinDpursuitDofDvalue.D
-DCORRECTDANSWERSRiskDparameters
DETAILED ANSWERS RATED A+
TheDfirstDstagesDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSPlanning
TheDsecondDstagesDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSIdentification
TheDthirdDstagesDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSAnalysis
TheDfourthDstagesDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSResponse
TheDlastDstageDofDContinuousDRiskDManagementDis:D-DCORRECTDANSWERSMonitoringDandDcontrol
TheDprocessDofDsettingDriskDparametersDandDtolerancesDandDplanningDtheDriskDmanagementDcycle.
D-DCORRECTDANSWERSRiskDPlanning
TheDprocessDofDdiagnosingDtheDcurrentDexposureDtoDrisk;DidentifyingDrisksDandDcategorizingDthem.D
-DCORRECTDANSWERSRiskDIdentification
TheDprocessDofDsystematicallyDestimatingDandDprioritizingDrisks.D-
DCORRECTDANSWERSRiskDAnalysis
TheDprocessDofDdeterminingDhowDtoDaddressDeachDrisk.D-DCORRECTDANSWERSRiskDResponse
TheDprocessDofDensuringDriskDresponsesDadequatelyDaddressDriskDandD"residualDrisk."D-
DCORRECTDANSWERSRiskDMonitoringDandDControl
, Identify,Danalyze,DandDmitigateDrisksDtoDorganizationalDassetsDthatDcouldDadverselyDaffectDtheDoper
ationDandDdeliveryDofDservices.D-DCORRECTDANSWERSRiskDManagement
-DPrepareDforDriskDmanagement
-DEstablishDriskDparametersDandDfocus
-DIdentifyDrisk
-DAnalyzeDrisk
-DMitigateDandDcontrolDrisk
-DUseDriskDinformationDtoDmanageDresilienceD-DCORRECTDANSWERSRiskDGoals
ThreeDcategoriesDofDRISKDgoalsD-DCORRECTDANSWERSPreparation,DExecution,DLearning
T/F:DRISKDisDappliedDatDtheDenterpriseDlevel,DbutDnotDequalDtoDenterpriseDriskDmanagement.D-
DCORRECTDANSWERSTrue
CharacteristicsDofD________Drisk:
D FailedDinternalDprocesses
D InadvertentDorDdeliberateDactionsDofDpeopleD
D ProblemsDwithDsystemsDandDtechnology
D ExternalDeventsD(weather,Dsocio-political)D-DCORRECTDANSWERSOperationalDRisk
TheDbasicDriskDequationD-DCORRECTDANSWERSRiskD=DconditionD+Dconsequence
ADspecificDarticulationDofDtheDlevelDofDriskDanDorganizationDisDwillingDtoDacceptDinDpursuitDofDvalue.D
-DCORRECTDANSWERSRiskDparameters