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GAQM ISO-31000-CLA Dumps

ISO 31000 - Certified Lead Risk Manager Questions and Answers

Question 1

Uncertainty leads to a changing context

Options:

A.

True

B.

False

Question 2

Which of the following step is a critical part of risk assurance?

Options:

A.

Evaluation Context

B.

Establishing Context

C.

Communication and Consultations

D.

Monitoring and Review

Question 3

Which element is often the biggest challenge in risk implementation?

Options:

A.

human

B.

computation

Question 4

ISO 31000 is intended to be a family of standards relating to risk management codified by the ________.

Options:

A.

OpenDocument

B.

International Organization for Standardization

C.

OpenSource

D.

GlobalDocument

Question 5

 __________ and___________ can result in artifacts and records.

Options:

A.

RBPS, RBDM

B.

DBMS, RDBMS

C.

TDMS, VSMS

D.

MOS, SMOS

Question 6

Which of the following are measured extensively throughout the organization and into the supply chain?

Options:

A.

KPI’s and KRI’s 

B.

API's and SKD's

C.

PDA's and PBA's

D.

CMP's and CAD's

Question 7

Which of the following significant risks of reporting are outside the risk appetite of the organization  and can impact compliance, which may also be reportable to regulatory agencies? (Choose two)

Options:

A.

External

B.

Vision

C.

Internal

D.

Dynamic

E.

Functional

Question 8

Which management can be used in varied and complex settings?

Options:

A.

Crisis

B.

Quality

C.

Safety

D.

Risk

Question 9

What does the probability of occurrence multiplied by the impact of the event, equals to

Options:

A.

Risk Tangent 

B.

Risk Scale

C.

Risk Level 

D.

Risk Magnitude

Question 10

Which management ensures that value is created by identifying opportunities for investment, mergers, or acquisition.

Options:

A.

Risk

B.

Quality

C.

Crisis

D.

Safety

Question 11

Which teams are composed of cross functional subject matter experts, risk experts, and process owners?

Options:

A.

Risk assessment teams

B.

Crisis Information teams

C.

Project management teams

D.

Crisis management teams

Question 12

A program officer and a security manager are planning a focus group discussion with community members on potential risks related to projects on female empowerment in local secondary schools. What is the best approach for them to take to define the context?

Options:

A.

Identify any increase of risk with the introduction of a female empowerment project.

B.

Review the roles of the humanitarian principles in relation to education.

C.

Define gender equality in the school environment.

D.

Discuss the role of girls and how they are viewed by community members.

Question 13

Which of the following is becoming the basis for all decision making?

Options:

A.

Risk management

B.

Crisis management

C.

Quality management

D.

Marketing management

Question 14

Which step is the last part of the risk assessment process, which started with risk identification then moved to risk assessment, and finally risk evaluation?

Options:

A.

Risk evaluation

B.

Risk outsourcing

C.

Risk acceptance

D.

Risk avoidance

Question 15

Understanding the potential causes of risk events will primarily help an organisation to

Options:

A.

comply with corporate governance standards.

B.

eliminate all risks

C.

improve internal audit procedures.

D.

reduce the frequency of loss.