The ISO 31000 – Certified Lead Risk Manager PDF practice material contains actual GAQM ISO-31000-CLA exam questions compiled by certified experts around the globe to benefit candidates. The criteria and pattern of the ISO 31000 – Certified Lead Risk Manager exam often change, and hence it is essential to use the updated exam study material for preparation. PassLeader provides free updates after purchase so that you get the latest GAQM Exam Questions for the exam.
The ISO 31000 – Certified Lead Risk Manager certification is designed to help individuals gain a comprehensive understanding of risk management principles, concepts, and best practices. ISO 31000 – Certified Lead Risk Manager certification exam covers a range of topics, including risk identification, analysis, evaluation, treatment, and communication. It also covers the ISO 31000 standard, which provides guidelines for risk management.
The ISO 31000 – Certified Lead Risk Manager certification is based on the international standard for risk management, ISO 31000. The standard provides a comprehensive framework for managing risks in any organization, regardless of its size or industry. ISO 31000 – Certified Lead Risk Manager certification exam covers topics such as risk identification, analysis, evaluation, treatment, and communication. It also includes an understanding of the risk management process and the role of the risk manager in an organization.
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GAQM ISO-31000-CLA certification is a valuable credential for professionals who want to demonstrate their expertise in risk management. It is based on the globally recognized ISO 31000 standard and is suitable for anyone who is responsible for managing risks in an organization. By passing ISO-31000-CLA exam, you will enhance your career prospects and gain recognition for your skills and knowledge in risk management.
GAQM ISO 31000 – Certified Lead Risk Manager Sample Questions (Q76-Q81):
NEW QUESTION # 76
The accuracy and reliability of the risk assessment should be identified as clearly as possible.
- A. False
- B. True
Answer: B
Explanation:
Explanation
The accuracy and reliability of the risk assessment should be identified as clearly as possible1. This helps to communicate the level of confidence in the risk assessment results and to inform decision-making.
NEW QUESTION # 77
Which of the following tools are used Risk managers for communication between stakeholders and interested parties?
- A. Resume
- B. Database
- C. Records
- D. Bio-data
Answer: C
Explanation:
Explanation
Records are one of the tools used by risk managers for communication between stakeholdersand interested parties2. Records help to share information, insights, recommendations, and decisions related to risk management.
NEW QUESTION # 78
Which step is the last part of the risk assessment process, which started with risk identification then moved to risk assessment, and finally risk evaluation?
- A. Risk evaluation
- B. Risk outsourcing
- C. Risk acceptance
- D. Risk avoidance
Answer: A
Explanation:
Explanation
the last step of the risk assessment process, which starts with risk identification, moves to risk assessment, and finally risk evaluation, is Risk evaluation.
Risk evaluation involves comparing the estimated level of risk against the risk criteria established during the risk assessment phase, to determine the significance of the risk and whether it is acceptable or not. This decision is made in consultation with stakeholders, who may provide additional context and information to inform the decision.
The American Society for Quality (ASQ) describes risk evaluation as “the process of comparing an estimated risk against given risk criteria to determine the acceptability of the risk.” [1] Similarly, ISO/IEC 27001:2013 (Information technology – Security techniques – Information security management systems – Requirements) defines risk evaluation as “the process of comparing the estimated risk against given risk criteria in order to determine the significance of the risk.” [2] References: [1] ASQ Glossary – Risk evaluation, https://asq.org/quality-resources/risk-evaluation [2] ISO/IEC
27001:2013, Clause 6.1.3(c), https://www.iso.org/standard/54534.html
NEW QUESTION # 79
ISO 31000 is intended to be a family of standards relating to risk management codified by the ________.
- A. OpenDocument
- B. OpenSource
- C. International Organization for Standardization
- D. GlobalDocument
Answer: C
Explanation:
Explanation
According to 1, ISO 31000 is a family of standards relating to risk management codified by the International Organization for Standardization (ISO). It provides principles and guidelines on managing risks that could affect organizations.
NEW QUESTION # 80
Which of the following is a process with inputs, activities, and outcomes?
- A. Supply chain management
- B. Quality management
- C. Risk management
- D. Financial management
Answer: C
Explanation:
Explanation
Risk management is a process with inputs, activities, and outcomes1. The inputs are the organization’s context and risk criteria. The activities are risk identification, analysis, evaluation, and treatment. The outcomes are improved decision making, performance, and resilience.
NEW QUESTION # 81
……
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