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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 : Click to Check Update
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MORF Questions and Answers

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Answer: B


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

  1. Risk management strategy

  2. Risk improvement plan

  3. Risk progress report

  4. Risk response plan

Answer: C


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

  1. Maximizing the return on investment in risk management

  2. Assuring the appointment of risk owners

  3. Ensuring the availability of appropriate techniques used in the risk management process steps

  4. Reporting on the risk response plan'

Answer: A


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

  1. Assessing the implementation of risk management

  2. Improving the risk culture of an organization

  3. Reviewing risk descriptions as a result of changes to the context

  4. Identifies the opportunities for updating existing risk management practices.

Answer: C


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

  1. corporate governance

  2. business continuity management

  3. programme management

  4. project management

Answer: B


Which describes 'residual' risk exposure?

  1. Probability of a secondary risk occurring

  2. Effect on objectives if a risk occurs after implementing risk response actions

  3. Chance of a risk occurring before risk response actions commence

  4. Proximity of a risk before risk response actions are completed

Answer: B


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

  1. Identified risks resulting from a risk response action

  2. Estimated likelihood of the risks occurring

  3. Exposure of the risks after completion of risk responses

  4. The timeframe in which the risks are likely to occur

Answer: B


Which is a responsibility of a 'risk actionee'?

  1. Identify risks that might occur to activities in their department

  2. Develop strategies to improve the management of risk

  3. Manage all aspects of an assigned risk

Answer: D


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

  1. Review how well risk management practices have been embedded

  2. Examine future developments that may affect an organization's level of exposure to risk

  3. Provide a snapshot of the current status of identified risks

  4. Identify individuals or groups of individuals that have an interest in an organizations planned activity

Answer: A


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

  1. Perform an action to minimize the impact of the risk should it occur

  2. Carry out an action to make the uncertain situation certain

  3. Take no action except monitor the risk to ensure it remains tolerable

  4. Partake in a pain/gain contract with another party for the specified risk

Answer: C


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

  1. Stakeholders involved in an activity

  2. Roles and responsibilities of those involved in an activity

  3. Factors that may impact the activity

  4. 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
M_o_R® Foundation Certificate in Risk Management MORF
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
"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
The M_o_R® Foundation certification is the prerequisite for the M_o_R® Practitioner certification.
e-Competence Framework (e-CF)
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
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
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For 30 years, hospitals, fitness systems, health care provider workplaces and sponsoring brands have trusted PatientPoint and its greater than 450 team contributors to give a uniquely integrated experience across care settings. gain knowledge of greater at patientpoint.com. about the Alzheimer's AssociationThe Alzheimer's affiliation is the area's leading voluntary health corporation in Alzheimer care, support and research. Our mission is to dispose of Alzheimer's disease during the development of research; to provide and raise care and assist for all affected; and to reduce the risk of dementia in the course of the promoting of mind fitness. Our imaginative and prescient is an international without Alzheimer's. For more suggestions, consult with www.alz.org. about the international standard Tremor FoundationThe overseas fundamental Tremor basis offers hope to the basic tremor (ET) neighborhood global through focus, schooling, support, and analysis. based in 1988 as a 501(c)3 non-income organization, the overseas elementary Tremor basis (IETF) is guided by way of an executive board of directors, a medical advisory board, and an govt director with a personnel of two. The organization contains sufferers, physicians, educators, health care people, folks, relatives, friends, and volunteers. For greater assistance, discuss with www.essentialtremor.org. About Migraine AgainMigraine again LLC is a purpose-driven health media business focused on empowering sufferers with insights that aid them endure less and live extra. headquartered by means of sufferers, for patients in 2014, our site articles, publication, movies, podcasts, interviews and elements are produced with the aid of individuals with migraine and medically reviewed with the aid of leading fitness care consultants. via enticing with over 1 million sufferers each and every month, Migraine again is the largest impartial media company for people with migraine and headache problems in over one hundred seventy international locations. Our leaders additionally serve as patient Advocates, Researchers, Producers and Hosts of the Migraine World Summit. study greater at MigraineAgain.com and MigraineWorldSummit.com. concerning the country wide distinct Sclerosis SocietyThe Society mobilizes people and components in order that all and sundry affected by multiple sclerosis can reside their ultimate lives as we cease MS in its tracks, fix what has been lost and conclusion MS always. last yr, the Society invested $35 million in MS research with more than 340 energetic projects world wide. through its complete nationwide network of services, the Society is concentrated on helping americans affected by MS hook up with the individuals, advice and supplies mandatory to reside their optimal lives. we are united in our collective vigor to do something about MS now and end this ailment continuously. gain knowledge of more at nationalMSsociety.org. Early and ongoing remedy with an FDA-accredited remedy could make a difference for individuals with numerous sclerosis. find out about your alternatives by means of talking to your health practitioner and contacting the countrywide MS Society at nationalMSsociety.org or 1-800-344-4867. about the Parkinson's FoundationThe Parkinson's basis makes existence more desirable for people with Parkinson's disorder through improving care and advancing analysis towards a cure. In everything we do, we construct on the energy, journey and keenness of our international Parkinson's community. For greater counsel, talk over with www.parkinson.org or call (800) 4PD-info (473-4636). source PatientPoint related hyperlinks http://www.patientpoint.com Obviously it is hard assignment to pick solid certification questions/answers assets concerning review, reputation and validity since individuals get sham because of picking incorrectly benefit. 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