Risk and Issues Management

An uncertain event or set of circumstances that would (if it occurred) have an effect on the achievement of one or more objectives’ best describes what….?

• Risk event

• Risk appetite

• An issue

• Risk attitude

Which of the following is a response category to a threat?

• Accept

• Reduce

• Avoid

• All of these

The original 'untreated' risk that is identified is referred to as……

• Secondary risk

• Inherent risk

• Residual risk

• An issue

Which role is responsible for executing the approved response to a risk?

• Project Manager

• Risk Owner

• Risk Manager

• Risk Actionee

A risk description should always include which three elements

• Probability / Impact / Proximity

• Cause / Event / Effect

• Avoid / Reduce / Accept

• Enhance / Exploit / Share

Which of the following is NOT a technique used for Risk Identification?

• Checklist

• PESTLE

• Probability v Impact matrix

• Brainstorming

Which of the following is a response category to a opportunity?

• Avoid

• Enhance

• Reduce

• Transfer

Which role is responsible for ensuring the appropriate level of Risk Management is applied to a project?

• Project Manager

• Risk Owner

• Risk Manager

• Risk Actionee

Which of the following words should NOT be used when identifying an issue?

• May not happen

• Is happening

• Has happened

• Will happen

Risks can be assessed using what types of methods?

• Qualitative methods only

• Quantitative methods only

• Both Qualitative and Quantitative methods

• Neither Qualitative or Quantitative methods