Risk Management Quizzes & Trivia

Are you ready to take a chance? "No risk, no reward", right? As long as it's a calculated risk, you shouldn't worry too much. That's where "Risk Management" comes in. How well can you balance the risks versus the rewards? Can you identify risk areas given specific scenarios? Are you familiar with making contingency plans? If you answered yes, then you should be able to manage our quizzes on "Risk Management" well.

From the simplest of scenarios to slightly complicated ones; there's a bit for everybody. Are you ready to take a stab at our quizzes? "You’ll always miss 100% of the shots you don’t take", as the great Wayne Gretzky once said. So what are you waiting for? Take your shot at our "Risk Management" quizzes.

Top Trending Quizzes

Risk Management Practice Quiz

Here is an interesting risk management practice quiz. There are different threats that people face when it comes to their property, and if they occur, it can lead to someone suffering a loss. To guide you through this there are...

Questions: 10 | Attempts: 21514 | Last updated: Oct 26, 2021

Sample Question
Which of the following statements best describes risk?

Uncertainty when looking to the future.

Clarity in future decisions.

Uncertainty when looking at the past.

Certainly of not suffering harm or loss.

Information Security Risk Management Concepts

Please enter your full name below to begin the quiz.

Questions: 12 | Attempts: 5267 | Last updated: Sep 23, 2020

Sample Question
Who is ultimately responsible for managing information security risks?

End User

Information Owner

Chief Executive Officer

Risk Management Quiz: Test!

Questions: 10 | Attempts: 5757 | Last updated: Aug 2, 2021

Sample Question
According to Maylor, what are traditionally the core three risk categories?

Cost, schedule, and quality

Environment, cost, and legal

Resources, schedule, and health and safety

Operational Risk Management Test: Quiz!

Questions: 10 | Attempts: 2397 | Last updated: Sep 28, 2020

Sample Question
Hazard is defined as:

A condition with the potential to cause personal injury or death, property damage,or mission degradation

A condition with the potential to cause personal financial loss or property damage or mission degradation

A condition with the potential to cause personal injury or death or mission completion

A condition with the potential to cause property damage or mission degradation, or a revenue tax increase

Risk Management Exam: Practice Quiz!

Project risk is the possibility that project events will not occur as planned or that unplanned events will harm the project. Do you have a risk management quiz coming up? The quiz below is designed to test out just how ready you...

Questions: 45 | Attempts: 1178 | Last updated: Jan 6, 2021

Sample Question
The 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

Supply order

Customer e-mail

Employee e-mail

Supply fulfillment

Cannot tell, need more information

Recent Quizzes

Quiz: Risk Management Framework Questions!

Questions: 30 | Attempts: 34 | Last updated: Sep 20, 2021

Sample Question
The Security Control Assessor has just completed the Security Assessment Report. What is the next STEP? [800-37r1]

Authorize the System

Prepare the POA&M

Remediate

Submit the Security Authorization Package

Review the SAR and get the SCA to do his/her job correctly

FRM Financial Risk Manager Practice Test

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: 996 | Last updated: Sep 20, 2021

Sample Question
Which of these risks is not within the scope of financial risk management?

Market risk

Operational risk

Health risk

Credit risk

Risk Management Professional Exam Prep

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: 225 | Last updated: Sep 20, 2021

Sample Question
What does PMI stand for?

Post-Management Institute

Pre-Management Institute

Project Management Institute

Project Management Index

Business Quiz: Key Principle Of Risk Management Programs

Business Quiz: Key Principle of Risk Management Programs

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's operations. There are different vital principles when...

Questions: 10 | Attempts: 278 | Last updated: Sep 20, 2021

Sample Question
What is a key principle of risk management programs?

Security controls should be protected through the obscurity of their mechanisms.

Don't spend more to protect an asset than it is worth.

Apply controls in ascending order of risk.

Risk avoidance is superior to risk mitigation.

139 - Chapter 11-13

Questions: 30 | Attempts: 118 | Last updated: Mar 20, 2018

Sample Question
_____________ is an uncertainty that can have a negative or positive effect on meeting project objectives.

Risk utility

Risk tolerance

Risk management

Risk

Risk Management And Level Picking - July 2017

Risk Management and Level Picking - July 2017

Questions: 18 | Attempts: 35 | Last updated: Sep 20, 2021

Sample Question
When is the right time to not use a stop loss?

Just before data comes out

When you have hit your first target

Never

After 14:30

Quiz: Risk Management Planning Practice Questions!

Below are some risk management planning practice questions; they are perfect for someone who wants to add on to their knowledge on the topic. There are a lot of risks that come with going into different ventures or taking up...

Questions: 8 | Attempts: 603 | Last updated: Jul 29, 2021

Sample Question
Question 1: Julia has just presented her risk management strategy to her project sponsor. The project sponsor is very happy with the strategy but has asked Julia to setup a Management Reserve as well. What type of project risks are handled by the Management Reserves?

Unknown risks

Known risks

Mitigated risks

Transferred risks

Insurable Risk Management Quiz Questions

insurable risk management quiz questions

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: 90 | Last updated: Sep 20, 2021

Sample Question
Under 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?

$80,000

$120,000

$30,000

$100,000

Risk Management With Ant And Grasshopper

Risk management with Ant and Grasshopper

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: 194 | Last updated: Sep 20, 2021

Sample Question
What is the biggest risk for Ant and Grasshopper during winter?

Winter cold

Starvation from food shortage

Short days

Naturals disasters, e.g. snowstorms

How Risk-tolerant Are You?

How risk-tolerant are you?

Take our simple self-analysis quiz and see how risk-tolerant you are.

Questions: 41 | Attempts: 44 | Last updated: Sep 20, 2021

Sample Question
When parking your vehicle, do you reverse park?

Always

Often

Occasionally

Risk Prevention & Management Quiz

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: 102 | Last updated: Sep 20, 2021

Sample Question
CATS protects confidential and other sensitive information from theft, unauthorized use or disclosure, damage, or destruction by (check all that apply):

using firewalls, anti-virus and related software, and other appropriate safeguards

Limiting access to authorized personnel on a need-to-know basis

Maintaining paper records in a secure location

How Much Risk Is In Your Life?

How Much Risk is in Your Life?

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: 75 | Last updated: Sep 20, 2021

Sample Question
Your 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?

No thank you! I really want to, but 1 in 320,000 people die while rock climbing. So count me out!

I think I'll go to a local rock gym and take a couple classes so I can be more prepared.

I'm in! And no, I don't need a helmet. Or a safety harness.

Quiz: How Well Can You Score In The Risk Management Questions?

Quiz: How Well Can You Score in The Risk Management Questions?

How well can you score in the risk management questions? Businesses face different types of risks as they operate and one having a clear guideline on how to identify, analyze, and curb them so as to successfully operate in their...

Questions: 11 | Attempts: 265 | Last updated: Feb 11, 2020

Sample Question
What proportion of companies are at risk from social media attacks?

1/3

2/3

1/2

65%

Student Organization Online Management Test - Risk Management Module

Questions: 7 | Attempts: 2454 | Last updated: Jun 18, 2020

Sample Question
What is one way that you can help to reduce safety risks for your organization's activities and events?

Properly plan by thoroughly thinking through events and activities

Do nothing so that no one will get hurt

Have everyone sit down during the event so that no one is likely to get hurt by sitting

Don't host events. Just send emails to let everyone know how passionate you are about your organization

Ranking Risk And Controls! Trivia Questions! Quiz

Ranking Risk and Controls! Trivia Questions! Quiz

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: 253 | Last updated: Sep 20, 2021

Sample Question
What is the definition of Risk?

A.Occurs only in exceptional circumstances

B.Anything that will prevent you from achieving your goals and objective

C.An activity that would pose if no controls are in place

D.All statements a, b, and c are true

2013 Operational Risk Management

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: 90 | Last updated: May 31, 2013

Sample Question
By implementing ORM in the planning and execution of operations, the impact of the dangers faced by tugs, crews and jobs can be minimized.

True

False

Intro To Risk Management - Chapter One Quiz

Intro to Risk Management - Chapter One Quiz

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: 382 | Last updated: Sep 20, 2021

Sample Question
Which of the United Nations Entities below are not part on the United Nations Country Team?

UNDP

UNESCO

World Bank

UNOPS

UNMISS

How Much Do You Know About Risk Management? Quiz

How much do you know about Risk Management? Quiz

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: 46 | Last updated: Sep 20, 2021

Sample Question
How many Americans die each year from excessive drinking?

8,000

50,000

80,000

200,000

Harris Long Risk Management Basic Computer Skills And Inspector Aptitude Test

Harris Long Risk Management Basic Computer Skills and Inspector Aptitude Test

Our work is very computer intensive. Knowing your PC, Windows, and all your software will save you time from wasting it. Do you think your computer knowledge is up to par with the job you are looking for? Below is Harris Long...

Questions: 55 | Attempts: 57 | Last updated: Sep 20, 2021

Sample Question
The most commonly used input device is the ____________.

Mouse

Keyboard

Joystick

Scanner

What Do You Know About Risk Management? Quiz

What do you know about Risk Management? Quiz

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: 549 | Last updated: Sep 20, 2021

Sample Question
Jim 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?

A. Conduct a counter analysis

B. Perform a risk analysis

C. Perform a top-down analysis

D Perform a bottom-up analysis

Test Your Knowledge About Risk Management! Trivia Quiz

Test your Knowledge about Risk Management! Trivia Quiz

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: 70 | Last updated: Jun 20, 2019

Sample Question
What is the prime directive of Risk Management?

Transfer any risk to external third parties.

Prosecute any employees that are violating published security policies

Reduce all risks regardless of cost

Reduce the risk to a tolerable level

Liquidity And Risk Exam

Liquidity and Risk Exam

Questions: 43 | Attempts: 109 | Last updated: Sep 20, 2021

Sample Question
Which of the following items is incorrectly categorised as a Current Asset?

Trade receivables

Marketable securities

Short term borrowings

Cash

Quiz: Take The Risk Management Practice Questions!

Will you take the risk management practice questions? If you are planning on becoming a Project manager, you need to have adequate knowledge of all that is risk management. There are a lot of factors that can affect the success...

Questions: 21 | Attempts: 976 | Last updated: Jul 1, 2021

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