CRMA (Risk) Domain I & II Exam
Practice Questions And Answers
Grid Analysis, CRMA book I.B.5 -
correct answer ✅An effective decision making process that helps
analyze the available options and weigh risks that can influence
governance. Is a more sophisticated version of paired comparison
analysis. Weights the relative importance of each of the factors. the
relative weighting can be expressed numerically with each of the
elements multiplied accordingly to determine an overall value for
each option. the one with the highest value indicates that it is the
most appropriate choice.
cross-functional team -
correct answer ✅matrix
networks -
correct answer ✅orgs joining together in common objectives
Speculative risk -
correct answer ✅Risks that can be exploited for gain; or upside
risk or opportunity
Non-probabilistic risk assessment models -
correct answer ✅Sensitive analysis, scenario analysis, and stress
test
Practice Questions And Answers
Grid Analysis, CRMA book I.B.5 -
correct answer ✅An effective decision making process that helps
analyze the available options and weigh risks that can influence
governance. Is a more sophisticated version of paired comparison
analysis. Weights the relative importance of each of the factors. the
relative weighting can be expressed numerically with each of the
elements multiplied accordingly to determine an overall value for
each option. the one with the highest value indicates that it is the
most appropriate choice.
cross-functional team -
correct answer ✅matrix
networks -
correct answer ✅orgs joining together in common objectives
Speculative risk -
correct answer ✅Risks that can be exploited for gain; or upside
risk or opportunity
Non-probabilistic risk assessment models -
correct answer ✅Sensitive analysis, scenario analysis, and stress
test
