RIMS-CRMP LATEST 2025 ACTUAL EXAM
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS |ALREADY GRADED
A+
Six steps of implementing risk process - CORRECT ANSWER-1. Identify
risks and opportunities
2. Analyze risk
3. Evaluate risk
4. Consult and create risk solutions
5. Monitor risk
6. Advise on RM
What are the two steps of identifying risks and opportunities -
CORRECT ANSWER-1. Finding and recognizing risks
2. Recording risks and opportunities using a risk register
,What categories are considered when analyzing risks - CORRECT
ANSWER-1. Likelihood
2. Consequences
3. Timing
4. Duration
5. Vulnerability
6. Interdependencies
What methods can be used to find and recognize risks? - CORRECT
ANSWER-1. Brainstorming
2. Checklists
3. Interview and self-assessment
4. Facilitated workshops
5. Risk questionnaires and surveys
6. Scenario analysis
7. Value chain analysis
8. System design review
9. Process analysis
10. Benchmarking
Qualitative RM analysis methods - CORRECT ANSWER-- SWOT
(Strengths, Weaknesses, Opportunities, Threats
, - PESTLE (Political, Economic, Sociological, Technical, Legal,
Environmental)
- Risk matrix
- Decision tree
- Bowtie
- Delphi
- Scenario
- Influence
- Threat modeling
- Vulnerability assessment
- Root cause
- HAZOP (Hazard and operability)
Quantitative RM analysis methods - CORRECT ANSWER-- Monte Carlo
- Sensitivity analysis
- Probability
What are the five steps of evaluating risk - CORRECT ANSWER-1.
Combine results from analysis with measures of risk appetite and
tolerance levels
2. Establish definitions of what is significant to the org
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS |ALREADY GRADED
A+
Six steps of implementing risk process - CORRECT ANSWER-1. Identify
risks and opportunities
2. Analyze risk
3. Evaluate risk
4. Consult and create risk solutions
5. Monitor risk
6. Advise on RM
What are the two steps of identifying risks and opportunities -
CORRECT ANSWER-1. Finding and recognizing risks
2. Recording risks and opportunities using a risk register
,What categories are considered when analyzing risks - CORRECT
ANSWER-1. Likelihood
2. Consequences
3. Timing
4. Duration
5. Vulnerability
6. Interdependencies
What methods can be used to find and recognize risks? - CORRECT
ANSWER-1. Brainstorming
2. Checklists
3. Interview and self-assessment
4. Facilitated workshops
5. Risk questionnaires and surveys
6. Scenario analysis
7. Value chain analysis
8. System design review
9. Process analysis
10. Benchmarking
Qualitative RM analysis methods - CORRECT ANSWER-- SWOT
(Strengths, Weaknesses, Opportunities, Threats
, - PESTLE (Political, Economic, Sociological, Technical, Legal,
Environmental)
- Risk matrix
- Decision tree
- Bowtie
- Delphi
- Scenario
- Influence
- Threat modeling
- Vulnerability assessment
- Root cause
- HAZOP (Hazard and operability)
Quantitative RM analysis methods - CORRECT ANSWER-- Monte Carlo
- Sensitivity analysis
- Probability
What are the five steps of evaluating risk - CORRECT ANSWER-1.
Combine results from analysis with measures of risk appetite and
tolerance levels
2. Establish definitions of what is significant to the org