Risk Management Quizzes & Trivia
Questions: 7 | Attempts: 745
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Sample QuestionWhat is one way that you can help to reduce safety risks for your organization's activities and events?
Test your risk mangement knowledge after examining the lecture materials, case studies, and readings for this module.
Questions: 10 | Attempts: 491
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Sample QuestionAccording to Maylor, what are traditionally the core three risk categories?
If you are planning on becoming a Project manager, you need to have adequate knowledge on is risk management. There are a lot of factors that can affect the success of your project, and therefore, you need to know how to control...
Questions: 21 | Attempts: 386
Topics Related to Risk Management
Risk Management Questions & Answers
What are the three traditional core risk categories according to Maylor?
There are different risks that should be thought about when learning about risk management but according to Maylor, the traditional core risks is the one in letter A. The cost of the items will always be a problem. You have to make sure that it will
Which method of risk management best describes the use of high deductibles or
elements of self-insurance to reduce insurance costs?
Risk management is central to all insurance. If an individual insuring himself, his family or his possessions, wishes to reduce the premium he pays for the peace of mind that insurance brings, he can do this by accepting high deductibles.
He must wo
How is hazard defined as?
A. A condition with the potential to cause personal injury or death, property damage or mission degradation
Is the Safety Manager responsible for stressing application of ORM during daily operations of boats and crews?
More
True as he is the risk champion,who is responsible that the application is done correctly.
Project risk is the possibility that project events will not occur as planned or that unplanned events will occur that will have a negative impact on the project. Do you have a risk management quiz coming up? The quiz below is...
Questions: 45 | Attempts: 326
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Sample QuestionThe asset with the highest risk rating is: Asset Vulnerability Asset Impact Danger Supply Order Hardware failure 10 0.2 Customer e-mail Software failure 30 0.1 Employee e-mail Human Error 20 0.2 Supply fulfillment Power failure 10 0.3
Please enter your full name below to begin the quiz.
Questions: 12 | Attempts: 262
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Sample QuestionWho is ultimately responsible for managing information security risks?
Risk management is the art of minimizing the effect or occurrence of the risk, be it in an organization or a profession. As a student taking business management, what do you know when it comes to risk management? Take up this...
Questions: 12 | Attempts: 220
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Sample QuestionJim is attempting to justify the security controls he wants to implement at his organization. What would be his FIRST step to convince his leadeship chain?
Companies that take risks are the ones that become successful. Businesses all over the world are faced with risks every day and overcoming the risks is what defines success. Operational risk management is therefore of essence...
Questions: 10 | Attempts: 172
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Sample QuestionHazard is defined as
Risk is the danger you may incur if you choose to follow a specific route when it comes to doing something. In the business sector, we are taught about the different types of risks we might face and the controls put in place to...
Questions: 5 | Attempts: 107
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Sample QuestionWhat is the definition of Risk?
It takes a professional course to set you apart in your field. The risk management professional exam highlights your ability and brings credit to your organization. This prep test contains likely questions that you will...
Questions: 10 | Attempts: 100
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Sample QuestionWhat does PMI stand for?
Professionals in the field of financial risk management seek to minimize incidence of financial loss and setbacks by wisely engaging financial instruments. This includes identification of risk sources, measurement and provision...
Questions: 10 | Attempts: 100
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Sample QuestionWhich of these risks is not within the scope of financial risk management?
With the increase of risks facing business, it is very important for us to ensure that we come up with ways to avoid or minimize their impact. In chapter one, we got to understand the basics of risk management. Take up the quiz...
Questions: 5 | Attempts: 96
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Sample QuestionWhich of the United Nations Entities below are not part on the United Nations Country Team?
This quiz is aimed to test your knowledge in project risk management based on what you have learned from the lecture slides.
Questions: 10 | Attempts: 95
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Sample QuestionWhich of the following statements best describes risk?
Risk management is an area of knowledge that most managers are expected to understand to a certain level. Effective risk management ensures the continuity of a business` operations. There are different vital principles when it...
Questions: 10 | Attempts: 90
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Sample QuestionWhat is a key principle of risk management programs?
An entrepreneur is a person who sees a gap in the industry and aims to fill it. There are different types of risks that an entrepreneur needs to asses before starting a business, and we got to cover each of them in class. Do you...
Questions: 30 | Attempts: 87
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Sample QuestionWhat type of business do you want to start ?
Aquatics International University's Lifeguarding Quiz is designed to test your knowledge of risk management issues including insurance basics, signage and protecting against liability. After reading the courses, take...
Questions: 10 | Attempts: 83
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Sample QuestionTo protect non-swimmers:
Undertaking to start a business or procure products is a risky affair, but some of us have learned different ways to prevent a risk from occurring or managing it. Do you know some of the various risk prevention and management...
Questions: 11 | Attempts: 74
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Sample QuestionCATS protects confidential and other sensitive information from theft, unauthorized use or disclosure, damage, or destruction by (check all that apply):
When you want to ensure something against a risk, some insurance companies may not want to cover it rendering insurable, and risk is therefore insurable if it is immeasurable, not definable or certain. Take up the quiz below and...
Questions: 40 | Attempts: 67
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Sample QuestionUnder a proportional facultative reinsurance, the direct insurer insures a risk of sum assured $1million. His retention on this risk is $600,000 and the rest is absorbed by the reinsurers, if a loss of $200,000 arises, what would be the reinsurers's share?
This will check your knowledge on Risk Management
Questions: 10 | Attempts: 55
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Sample QuestionWhat is the first step of the CIMA's risk management cycle?
One of the best ways in which you can understand a concept is the use of perfect examples. Have you read the story of the ant and the grasshopper? These two animals have a thing or two to teach on risk management. Try and read...
Questions: 5 | Attempts: 52
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Sample QuestionWhat is the biggest risk for Ant and Grasshopper during winter?
It is a common belief that one can live life doing their best to avoid risk but is this entirely true base on what you know about risk management. Are you a savvy risk manager? Or do you live life one step from the grave? Take...
Questions: 35 | Attempts: 49
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Sample QuestionYour friends want you to join them on their rock climbing trip next month. It sound like fun and you want to give it a try, but you've never been climbing before. What do you do?
This is a very basic computer skills and Field Inspector aptitude test. Our work is very computer intensive. Knowing your PC, Windows, and all your software will save you time and avoid waste of it. Some questions are...
Questions: 55 | Attempts: 48
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Sample QuestionThe most commonly used input device is the ____________.
Sometimes people are allowed to take up risks, and at other times they are prevented from putting themselves at risk. It is said that a threat is only justified if the people consent to be exposed to those risks. What do you know...
Questions: 10 | Attempts: 47
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Sample QuestionWhat is the broad consideration in WV’s risk classification?
Used as a competency to promote proactive practices for patients which minimize the risk for falls and do not compromise the functional independence of the patient. This quiz will be taken annually an for new employee...
Questions: 5 | Attempts: 46
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Sample QuestionWhat is a fall?
There are different ways that people choose to handle a situation, and in the air force, the alternative method of compliance shows someone the different ways other than the ones approved in the AD. Do you have a proper...
Questions: 86 | Attempts: 35
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Sample Question(102c) What is risk management is defined as what?
If you want to succeed in the business environment, it is essential to ensure that you have some adequate information on risk management. This knowledge will most definitely help you survive in areas where other firms have...
Questions: 10 | Attempts: 27
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Sample QuestionHow many Americans die each year from excessive drinking?
One of the major issues affecting an organization or government is people paying others so that they may attain favor in a given situation. This is a risk that should be assessed and curbed before it spreads out. The quiz below...
Questions: 3 | Attempts: 25
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Sample QuestionHow would you rate the prevalence of bribery in the key countries in which we conduct business?
Operational Risk Management (ORM) is an important tool for making smart and safe decisions. It should be used at all operating level by all employees. Acting as part of a Team, each employee has a critical role in managing and...
Questions: 5 | Attempts: 24
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Sample QuestionBy implementing ORM in the planning and execution of operations, the impact of the dangers faced by tugs, crews and jobs can be minimized.
Risk management is becoming something that everyone should be well aware of in different aspects of their lives, either professional or private. After viewing the Online Video: Student Organization Rights and Responsibilities...
Questions: 8 | Attempts: 23
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Sample QuestionWhen getting special event insurance, who must be named as additional insured parties?(Select all that apply)
Project risk management is all about identifying a risk that may lead to failure of organizational processes analyzing and then responding to any threat that arises over the life cycle of a project. This is an essential section...
Questions: 10 | Attempts: 16
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Sample QuestionThere is a 7-year record retention rule, under ERISA, that relates to qualified plan documents and amendments.
There are a lot of things that you can learn how to maintain your business as a going concern when you have a proper understanding of risk management. Do you consider yourself very knowledgeable when it comes to this topic? The...
Questions: 10 | Attempts: 15
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Sample QuestionWhat is the prime directive of Risk Management?
Risk management is known as the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate...
Questions: 75 | Attempts: 14
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Sample QuestionWHICH OF THE FOLLOWING SHOULD BE DOCUMENTED IN AN INCIDENT MODEL? 1. Details of the service level agreement (SLA) pertaining to the incident 2. Chronological order of steps to resolve the incident
Are you a savvy risk manager? Or do you live life one step from the grave? Take this short quiz to get a glimpse of what managing risk is all about, and how it applies to everything around you.
Questions: 10 | Attempts: 12
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Sample QuestionYour friends want you to join them on their rock climbing trip next month. It sound like fun and you want to give it a try, but you've never been climbing before. What do you do?
Since your chapter missed the Risk Management session on Wednesday, September 7th, you are now required to complete the following quiz and score at least above a 90%. You are only allowed to answer the questions once, so be...
Questions: 8 | Attempts: 12
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Sample QuestionWhat constitutes a chapter-sponsored social event?
