PC0-006 Online Practice Questions and Answers

Which document describes how risk management activities will support the achievement of corporate objectives throughout an organization?

A. Risk management strategy

B. Risk management process guide

C. Risk progress report

D. Risk management policy

Which BEST describes an area of uncertainty at the programme perspective?

A. Disruptions to operations during business change implementation

B. Introduction of new laws that affect core business activities

C. Availability of resources for the day-to-day delivery of services to customers

D. Changes to the scope of defined business products

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

Which information is NOT found in the risk management process guide?

A. Which templates are to be used on a project

B. Why standard forms should be used

C. Where to find a blank risk register

D. How to use an issue register

Which step has a goal of checking the success of risk responses?

A. Plan

B. Assess - evaluate

C. Implement

D. Assess estimate

Which action does NOT contribute to achieving the goal of the 'identify - risks' step?

A. Describe risks faced by the organization that may prevent an activity from succeeding

B. Define an activity's key performance indicators

C. Obtain information about the external and internal factors that may affect the planned activity

D. Understand a stakeholder's view of an activity's risk profile

Which is needed together with the risk management policy and risk management process guide to form an 'M_o_R approach'?

A. Risk response plan

B. Risk progress report

C. Risk register

D. Risk management strategy

Which defines the inherent probability of a risk?

A. Likelihood of an issue occurring before implementing a risk response

B. Effect of the risk on the activity after implementing a risk response

C. Calculation of the timeframe and urgency of a risk prior to a risk response

D. Chance of a risk occurring before implementing a risk response

Identify the missing word in the following sentence. The primary steps in the 'MoR process' are 'implement', identify', [ ? ] and assess'.

A. perform

B. record

C. plan

D. manage

Which is a responsibility of the M_o_R risk specialist role?

A. Develop plans to improve risk management

B. Establish how risk management will be integrated with performance management

C. Review progress to develop the risk management policy

D. Ensure that risk management strategies have been created