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MORF - Management of Risk Foundation - Dump Information

Vendor	:	Exin
Exam Code	:	MORF
Exam Name	:	Management of Risk Foundation
Questions and Answers	:	140 Q & A
Updated On	:	November 17, 2017
PDF Download Mirror	:	MORF Brain Dump
Get Full Version	:	Pass4sure MORF Full Version

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MORF Questions and Answers

Answer: B

QUESTION: 131

What provides a comparison of completed risk response actions with planned outcomes?

Risk management strategy
Risk improvement plan
Risk progress report
Risk response plan

Answer: C

QUESTION: 132

Which is a purpose of 'embedding and reviewing' M_o_R?

Maximizing the return on investment in risk management
Assuring the appointment of risk owners
Ensuring the availability of appropriate techniques used in the risk management process steps
Reporting on the risk response plan'

Answer: A

QUESTION: 133

Which is NOT a purpose of 'embedding and reviewing M_o_R'?

Assessing the implementation of risk management
Improving the risk culture of an organization
Reviewing risk descriptions as a result of changes to the context
Identifies the opportunities for updating existing risk management practices.

Answer: C

QUESTION: 134

Identify the missing words in the following sentence. In order to safeguard value-creating

corporate governance
business continuity management
programme management
project management

Answer: B

QUESTION: 135

Which describes 'residual' risk exposure?

Probability of a secondary risk occurring
Effect on objectives if a risk occurs after implementing risk response actions
Chance of a risk occurring before risk response actions commence
Proximity of a risk before risk response actions are completed

Answer: B

QUESTION: 136

Which information from the risk register is used during the 'assess - evaluate' step to calculate the total risk exposure of an activity?

Identified risks resulting from a risk response action
Estimated likelihood of the risks occurring
Exposure of the risks after completion of risk responses
The timeframe in which the risks are likely to occur

Answer: B

QUESTION: 137

Which is a responsibility of a 'risk actionee'?

Identify risks that might occur to activities in their department
Develop strategies to improve the management of risk
Manage all aspects of an assigned risk

Answer: D

QUESTION: 138

Which is a purpose for an ‘M_o_R health check’?

Review how well risk management practices have been embedded
Examine future developments that may affect an organization's level of exposure to risk
Provide a snapshot of the current status of identified risks
Identify individuals or groups of individuals that have an interest in an organizations planned activity

Answer: A

QUESTION: 139

Which describes the threat response option 'accept the risk'?

Perform an action to minimize the impact of the risk should it occur
Carry out an action to make the uncertain situation certain
Take no action except monitor the risk to ensure it remains tolerable
Partake in a pain/gain contract with another party for the specified risk

Answer: C

QUESTION: 140

Which is identified by the use of the 'PESTLE' analysis technique?

Stakeholders involved in an activity
Roles and responsibilities of those involved in an activity
Factors that may impact the activity
Net effect of risks identified during an activity

Answer: C

Exin MORF Exam (Management of Risk Foundation) Detailed Information

As a company grows and the organization becomes more complex, the risks the company is subject to will grow accordingly. There is much to lose when threats from outside and inside are not properly identified and managed. As with new opportunities that may have a large impact on the organization: you want to be prepared for that impact. Ultimately Risks need to be controlled.
How to deal with risk
Management of Risk (M_o_R®) offers a framework that contains all activities needed to identify, assess and prioritize any type of risk which may have an impact on the achievement of your organization’s objectives from different perspectives: strategic, project, program and operational. It provides advice on how the principles, approach and processes should be embedded, reviewed and applied. Guidance, recommended approaches and checklists are offered, but also pointers towards tools and techniques. Topics such as Business Continuity Management, Security, Program/Project Risk Management and Operational Service Management are included.
Target group
M_o_R is suited for those who are responsible for identifying, analyzing and managing risk at strategic, program, project and operational levels such as Business Change Managers, Program and Project Managers, Risk Managers, Operational staff and managers, and in fact: everybody in the organization.
Exams by levelCode
Foundation
M_o_R® Foundation Certificate in Risk Management MORF
Practitioner
M_o_R® Practitioner Certificate in Risk Management MORP
Practitioner Re-Registration
M_o_R® Practitioner Re-Registration Certificate MORP_re
M_o_R® Foundation Certificate in Risk Management
M_o_R® Foundation Certificate in Risk Management
Summary
"The term 'management of risk' incorporates all the activities required to identify and control the exposure to risk which may have an impact on the achievement of an organization's business objectives." - from Management of Risk: Guidance for Practitioners. Management of Risk® inspects risks from strategic and operational view and within programs and projects.
Target group
M_o_R® Foundation is suitable for any organization or individual seeing the need for guidance on a controlled approach to identification, assessment and control of risks. The Foundation qualification is aimed at:
Business Change Managers
Program and Project Managers
Risk Managers
Business and Program and Project Support staff and managers
Operational staff and managers
Context
The M_o_R® Foundation certification is the prerequisite for the M_o_R® Practitioner certification.
e-Competence Framework (e-CF)
Level
e-CF Area e-Competence e-1 e-2 e-3 e-4 e-5
MANAGE E.2. Project and Portfolio Management
E.3. Risk Management
E.8. Information Security Management

Legend for coverage
General
Partial
Superficial
Prerequisites
None
Exam content
Know the facts, terms, concepts and relationships between the four elements of the
M_o_R® framework (principles, approach, processes and embedding and reviewing)
Understand how the M_o_R® principles, approach, and processes are used
Be able to identify the M_o_R® framework documents and understand their uses and differences
Click here to download the glossary in the download section in the right column.
Exam Details
Exam duration: 60 minutes
Number of questions: 75 (of which 5 questions are non-scoring, trial questions)
Pass mark: 50% (35 out of 70)
Open book: No
Electronic devices permitted: No

Ex0 004 exin management of risk® foundation

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M_o_R Foundation Certificate in Risk Management

M_o_R Foundation Certificate in Risk Management.">MORF.v20-5.2016-05-04.1e.108q.exam 265 Kb May 17, 2016 M_o_R Foundation Certificate in Risk Management.">MORF.v20-5.2015-08-06.1e.140q.exam 172 Kb Aug 08, 2015 M_o_R Foundation Certificate in Risk ...

Translational dynamics revealed by genome-wide profiling of ribosome footprints in Arabidopsis

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MORF - Management of Risk Foundation - Dump Information

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MORF Questions and Answers

Answer: B

QUESTION: 131

Answer: C

QUESTION: 132

Answer: A

QUESTION: 133

Answer: C

QUESTION: 134

Answer: B

QUESTION: 135

Answer: B

QUESTION: 136

Answer: B

QUESTION: 137

Answer: D

QUESTION: 138

Answer: A

QUESTION: 139

Answer: C

QUESTION: 140

Answer: C

Exin MORF Exam (Management of Risk Foundation) Detailed Information

Ex0 004 exin management of risk® foundation

Exin Examcollection VCE:

M_o_R Foundation Certificate in Risk Management

Translational dynamics revealed by genome-wide profiling of ribosome footprints in Arabidopsis

References:

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