1|Page
RIMS-CRMP ACTUAL EXAM 2025/2026 WITH
COMPLETE SOLUTIONS||VERIFIED EXAM!!!!
The process of measuring the performance of an
organization against external standards of reference that
frequently come from similar organizations doing similar
things. - Answer-Benchmarking
The system of rules, practices and processes by which a
company is directed and controlled. - Answer-Corporate
Governance
A strategic discipline that supports the achievement of an
organization's objectives by addressing the full spectrum
of its risk and managing the combined impact of those
risks as an interrelated risk portfolio. - Answer-Enterprise
Risk Management
Comparison of an existing process or procedure to
recognize standards in order to identify deficiencies or
excesses in the existing process. - Answer-Gap Analysis
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As activity that signals the achievement of organizational
objectives, emphasize opportunities and strategic
objectives. - Answer-Key performance indicator (KPI)
designed to manage downside risk. A measurement of
how risk and volatility relate to achieving organizational
objectives, - Answer-Key risk indicator (KRI)
PESTLE is an acronym for Political, Economic, Social,
Technology, Legal and Environmental and identifies the
categories utilized to analyze internal and external
environments. Other forms of the acronym include "PEST"
and "PESTEL." - Answer-PESTLE Analysis
The effect of uncertainty on objectives. - Answer-Risk
The total exposed amount that an organization wishes to
undertake on the basis of risk return trade-offs for one or
more desired and expected outcomes - Answer-Risk
Appetite
An organization's or individuals' view/perspective of the
perceived qualitative and quantitative value that may be
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gained in comparison to the related potential loss or
losses. - Answer-Risk Attitude
The beliefs, values, norms and traditions of behavior of
individuals and groups within an organization that
determine the way in which they identify, understand,
discuss and act on the risk(s) the organization confronts
and takes. - Answer-Risk Culture
Any person in an organization who is a leader and
influences peers regarding the value that risk
management adds to the organization. - Answer-Risk
Champion
The architecture within which risk management operates
in a company - Answer-Risk governance
The process of making and implementing decisions that
will minimize the adverse effects of accidental losses on
an organization. - Answer-Risk Management
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An individual accountable for the identification,
assessment, treatment and monitoring of risks in a specific
environment - Answer-Risk Owner
A complete collection and range of uncertainties that affect
an organization's future. - Answer-Risk Portfolio
The amount of uncertainty an organization is prepared to
accept in total or more narrowly within a certain business
unit, a particular category or for a specific initiative. -
Answer-Risk Tolerance
A factor that, if removed from a chain of events, causes a
problem to not occur or lessens the impact of a problem. -
Answer-Root Cause
A problem-solving methodology used to find the root
causes of problem - Answer-Root Cause Analysis
A business discipline that drives deliberation and action
regarding uncertainties and untapped opportunities that
affect an organization's strategy and strategy execution. -
Answer-Strategic risk management (SRM)
RIMS-CRMP ACTUAL EXAM 2025/2026 WITH
COMPLETE SOLUTIONS||VERIFIED EXAM!!!!
The process of measuring the performance of an
organization against external standards of reference that
frequently come from similar organizations doing similar
things. - Answer-Benchmarking
The system of rules, practices and processes by which a
company is directed and controlled. - Answer-Corporate
Governance
A strategic discipline that supports the achievement of an
organization's objectives by addressing the full spectrum
of its risk and managing the combined impact of those
risks as an interrelated risk portfolio. - Answer-Enterprise
Risk Management
Comparison of an existing process or procedure to
recognize standards in order to identify deficiencies or
excesses in the existing process. - Answer-Gap Analysis
,2|Page
As activity that signals the achievement of organizational
objectives, emphasize opportunities and strategic
objectives. - Answer-Key performance indicator (KPI)
designed to manage downside risk. A measurement of
how risk and volatility relate to achieving organizational
objectives, - Answer-Key risk indicator (KRI)
PESTLE is an acronym for Political, Economic, Social,
Technology, Legal and Environmental and identifies the
categories utilized to analyze internal and external
environments. Other forms of the acronym include "PEST"
and "PESTEL." - Answer-PESTLE Analysis
The effect of uncertainty on objectives. - Answer-Risk
The total exposed amount that an organization wishes to
undertake on the basis of risk return trade-offs for one or
more desired and expected outcomes - Answer-Risk
Appetite
An organization's or individuals' view/perspective of the
perceived qualitative and quantitative value that may be
,3|Page
gained in comparison to the related potential loss or
losses. - Answer-Risk Attitude
The beliefs, values, norms and traditions of behavior of
individuals and groups within an organization that
determine the way in which they identify, understand,
discuss and act on the risk(s) the organization confronts
and takes. - Answer-Risk Culture
Any person in an organization who is a leader and
influences peers regarding the value that risk
management adds to the organization. - Answer-Risk
Champion
The architecture within which risk management operates
in a company - Answer-Risk governance
The process of making and implementing decisions that
will minimize the adverse effects of accidental losses on
an organization. - Answer-Risk Management
, 4|Page
An individual accountable for the identification,
assessment, treatment and monitoring of risks in a specific
environment - Answer-Risk Owner
A complete collection and range of uncertainties that affect
an organization's future. - Answer-Risk Portfolio
The amount of uncertainty an organization is prepared to
accept in total or more narrowly within a certain business
unit, a particular category or for a specific initiative. -
Answer-Risk Tolerance
A factor that, if removed from a chain of events, causes a
problem to not occur or lessens the impact of a problem. -
Answer-Root Cause
A problem-solving methodology used to find the root
causes of problem - Answer-Root Cause Analysis
A business discipline that drives deliberation and action
regarding uncertainties and untapped opportunities that
affect an organization's strategy and strategy execution. -
Answer-Strategic risk management (SRM)
