Risk Management Quizzes & Trivia
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Questions: 10 | Attempts: 10763 | Last updated: Aug 4, 2020
Questions: 10 | Attempts: 4573 | Last updated: Jan 28, 2021
Questions: 12 | Attempts: 2928 | Last updated: Sep 23, 2020
Questions: 10 | Attempts: 1362 | Last updated: Sep 28, 2020
Questions: 45 | Attempts: 704 | Last updated: Jan 6, 2021
What we have here is some risk management practice questions. 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...
Questions: 10 | Attempts: 10763 | Last updated: Aug 4, 2020
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Sample QuestionWhich of the following statements best describes risk?
Questions: 10 | Attempts: 4573 | Last updated: Jan 28, 2021
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Sample QuestionAccording to Maylor, what are traditionally the core three risk categories?
Please enter your full name below to begin the quiz.
Questions: 12 | Attempts: 2928 | Last updated: Sep 23, 2020
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Sample QuestionWho is ultimately responsible for managing information security risks?
Questions: 10 | Attempts: 1362 | Last updated: Sep 28, 2020
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Sample QuestionHazard is defined as:
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: 704 | Last updated: Jan 6, 2021
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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
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Risk Management Questions & Answers
What are the three traditional core risk categories according to Maylor?
The three traditional core risk categories, according to Maylor, are cost, schedule, and quality. These are the major risks that would be first considered when it comes to either project or economic management. When we are talking about cost. The tru
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
Why Risk Management is Important?
Failing to manage risk will result in more problems, higher benefits and a higher chance of project success.
Which of the following defines residual risk?
1. c. (threats x vulnerability x asset value) x control gap-residual risk is the amount of risk remaining after the countermeasure has been implemented. to figure out the actual resdidual risk, the team must identify and calculate the risk, which i
Questions: 7 | Attempts: 745 | Last updated: Jun 18, 2020
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Sample QuestionWhat is one way that you can help to reduce safety risks for your organization's activities and events?
Every day people are faced with situations of uncertainty, and they have to come up with ways that they can protect themselves from being in a bad situation or avoiding it from happening. If you expect to be good management, you...
Questions: 10 | Attempts: 427 | Last updated: Jan 8, 2021
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Sample QuestionWhat is the first step of the CIMA's risk management cycle?
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: 418 | Last updated: Feb 11, 2020
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: 222 | Last updated: Feb 11, 2020
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Sample QuestionQuestion 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?
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: 220 | Last updated: Feb 11, 2020
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Sample QuestionWhat proportion of companies are at risk from social media attacks?
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 | Last updated: Jun 20, 2019
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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?
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: 180 | Last updated: Oct 9, 2020
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Sample QuestionWhat is a key principle of risk management programs?
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 | Last updated: Jun 20, 2019
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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 | Last updated: Oct 26, 2018
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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 | Last updated: Oct 24, 2018
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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 | Last updated: Jun 3, 2019
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Sample QuestionWhich of the United Nations Entities below are not part on the United Nations Country Team?
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 | Last updated: Jun 3, 2019
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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 | Last updated: Jan 25, 2013
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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 | Last updated: Jun 3, 2019
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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 | Last updated: Jun 3, 2019
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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?
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: 55 | Last updated: Jan 8, 2021
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Sample QuestionThe most commonly used input device is the ____________.
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 | Last updated: Jun 3, 2019
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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 | Last updated: Jun 3, 2019
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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?
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 | Last updated: Jun 20, 2019
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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 | Last updated: Jan 24, 2013
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Sample QuestionWhat is a fall?
