MORF Management of Risk Foundation

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Showing 7–9 of 10 questions

Question 7

Which is a use of a risk management maturity model?

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  • Enabling organizations to benchmark their current risk management capability

  • Checking the state of current risk management

  • Identifying areas where application of risk management can be improved

  • Carrying out an enterprise wide assessment

Question 8

Which is a goal of the 'plan' process step?

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  • Choose appropriate actions to deal with risks

  • Set the risk tolerance of an activity

  • Agree the timing of the risk communications plan

  • Understand an activity's pre-response risk exposure

Question 9

Which is a goal of the 'assess - evaluate' step?

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  • Obtain information about the external factors that may affect the planned activity

  • Calculate the total risk exposure to the activity

  • Gather information about threats to the organization that may reduce the likelihood of the activity succeeding

  • Understand the organization's approach to managing risk