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Free MORF: M_o_R Foundation Certificate in Risk Management Exam Questions and Answers
Last updated: April 27, 2025
Examtopics MORF: M_o_R Foundation Certificate in Risk Management Prepaway Real Exam Questions and dumps free download
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932-MORF: M_o_R Foundation Certificate in Risk Management
#Question
What is one common approach to identify potential risks during project initiation?
A.
Ignoring risks
B.
Avoiding checks
C.
Conducting a SWOT analysis
D.
Choosing random experts
Correct Answer:
C
Conducting a SWOT analysis is a common approach for identifying potential risks during project initiation, facilitating thorough planning.
#Question
What is the primary goal of risk alignment?
A.
To complicate the decision-making process
B.
To increase project duration
C.
To eliminate potential risks
D.
To ensure risks are managed in relation to objectives
Correct Answer:
D
The primary goal of risk alignment is to ensure that risk management efforts are closely tied to organizational objectives, enhancing effectiveness.
#Question
What does effective stakeholder engagement in risk management involve?
A.
Limitations on communication
B.
Ignoring input from team members
C.
Specifying roles and responsibilities
D.
Only informing stakeholders late
Correct Answer:
C
Effective stakeholder engagement in risk management involves specifying roles and responsibilities to ensure clarity and accountability.
#Question
How often should training on risk management principles occur?
A.
Once at onboarding
B.
Only when new risks are identified
C.
Annually
D.
Regularly as needed
Correct Answer:
D
Training on risk management principles should occur regularly as needed to ensure all stakeholders are knowledgeable about current practices.
#Question
What is an expected outcome of integrating risk management into project planning?
A.
Complicated project schedules
B.
Enhanced project costs
C.
Improved resource allocation
D.
Increased ambiguity
Correct Answer:
C
Integrating risk management into project planning allows for improved resource allocation and effective budgeting for risk-related activities.
#Question
What is the objective of conducting a root cause analysis after a risk event?
A.
To identify underlying causes
B.
To assign blame to individuals
C.
To increase risk awareness
D.
To disregard all reported risks
Correct Answer:
A
Conducting a root cause analysis aims to identify the underlying causes of a risk event to effectively address and prevent similar issues in the future.
#Question
How does effective risk communication enhance team performance?
A.
By creating confusion
B.
By avoiding direct conversations
C.
By promoting understanding
D.
By limiting team participation
Correct Answer:
C
Effective risk communication fosters understanding and collaboration within a team, enhancing overall performance and decision-making.
932-MORF: M_o_R Foundation Certificate in Risk Management
#Question
What is one common approach to identify potential risks during project initiation?
A.
Ignoring risks
B.
Avoiding checks
C.
Conducting a SWOT analysis
D.
Choosing random experts
Correct Answer:
C
Conducting a SWOT analysis is a common approach for identifying potential risks during project initiation, facilitating thorough planning.
#Question
What is the primary goal of risk alignment?
A.
To complicate the decision-making process
B.
To increase project duration
C.
To eliminate potential risks
D.
To ensure risks are managed in relation to objectives
Correct Answer:
D
The primary goal of risk alignment is to ensure that risk management efforts are closely tied to organizational objectives, enhancing effectiveness.
#Question
What does effective stakeholder engagement in risk management involve?
A.
Limitations on communication
B.
Ignoring input from team members
C.
Specifying roles and responsibilities
D.
Only informing stakeholders late
Correct Answer:
C
Effective stakeholder engagement in risk management involves specifying roles and responsibilities to ensure clarity and accountability.
#Question
How often should training on risk management principles occur?
A.
Once at onboarding
B.
Only when new risks are identified
C.
Annually
D.
Regularly as needed
Correct Answer:
D
Training on risk management principles should occur regularly as needed to ensure all stakeholders are knowledgeable about current practices.
#Question
What is an expected outcome of integrating risk management into project planning?
A.
Complicated project schedules
B.
Enhanced project costs
C.
Improved resource allocation
D.
Increased ambiguity
Correct Answer:
C
Integrating risk management into project planning allows for improved resource allocation and effective budgeting for risk-related activities.
#Question
What is the objective of conducting a root cause analysis after a risk event?
A.
To identify underlying causes
B.
To assign blame to individuals
C.
To increase risk awareness
D.
To disregard all reported risks
Correct Answer:
A
Conducting a root cause analysis aims to identify the underlying causes of a risk event to effectively address and prevent similar issues in the future.
#Question
How does effective risk communication enhance team performance?
A.
By creating confusion
B.
By avoiding direct conversations
C.
By promoting understanding
D.
By limiting team participation
Correct Answer:
C
Effective risk communication fosters understanding and collaboration within a team, enhancing overall performance and decision-making.
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