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ALL RIMS CRMP-IMPLEMENTING THE RISK PROCESS TEST WITH ALL ANSWERS
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ALL RIMS CRMP-IMPLEMENTING THE RISK PROCESS TEST WITH ALL ANSWERS
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ALL RIMS CRMP-IMPLEMENTING THE
RISK PROCESS TEST
WITH ALL ANSWERS
Risksb-bcorrectbanswer-Thebeffectbofbuncertaintybonbobjectives
Thebchancebofbsomethingbhappeningbthatbwillbhavebanbimpactbonbobjectives
Beingbpreparedbforbthebworstbandbbeingbpoisedbtobexploitbopportunitiesbasbtheybareb
discovered
Riskbmanagementbstrategies'bgeneralbfocusb-bcorrectbanswer-
Meetingborbexceedingbanborganization'sbobjectives
Adheringbtobcontrol-basedbobjectives,brulesband/orbcontrols
Complyingbwithbregulatorybrequirements
CommunicationbandbConsultationb-bcorrectbanswer-
Riskbmanagementbprofessional'sbrolebinbImplementingbRiskbStrategies
RiskbIdentificationbProcessb-bcorrectbanswer-
Finding,bRecognizingbandbRecordingbRisks
RiskbAnalysisb-bcorrectbanswer-
Thebprocessbofbcharacterizingbandbunderstandingbthebnaturebofbriskbandbofbconside
ringbtheblevelbofbriskbinbthebcontextbofbtheborganization'sbwillingnessbtobacceptbrisk.
, Likelihood,bConsequences,botherbcriteriabsuchbasbtiming,bduration,bvulnerabilityband
binterdependenciesb-bcorrectbanswer-Riskbisbtypicallybanalyzedbonbthebbasisbof
Bowbtiebanalysisb-bcorrectbanswer-
hazardbanalysisbtechniqueb(causebandbconsequence)
Businessbimpactbanalysisb-bcorrectbanswer-
considerbbusinessbimpactsbatbablocationborbfrombabspecificbprocess
Gapbanalysisb-bcorrectbanswer-
determinebstepsbtobimprovebtheborganization'sbcapacitybtobmovebfrombabcurrentbstat
ebtobabdesired,bfuturebstate.b(currentbavailablebfactors,bsuccessbfactorsbneededbtoba
chievebfuturebdesiredbobjectives,bhighlightingbthebgaps)
RootbCausebAnalysisb-bcorrectbanswer-
multiplebtechniquesbdesignedbtobidentifybthebunderlyingborbinitiatingbriskbsourcesborb
drivers.b(faultbtreebanalysis,beventbtreebanalysis,bfailurebmodebandbeffectbanalysisba
ndbcause-and-effectbanalysisb-bfishbbonebdiagram)
Influencebanalysis/diagramsb-bcorrectbanswer-
identifybthebstrengthbofbinfluencingbfactorsbandbhelpbdeterminebpotentialbweightingbf
orbconsiderationbduringbthebriskbassessmentbprocess.bDefinebrootbcausesbforbmajorb
risks,bdefinebthebchainbofbeventsblikelybinbabscenariobandbbecomebthebfoundationbfor
bfurtherbmodeling.
RiskbRegisterbAnalysisb-bcorrectbanswer-
compilebriskbintobabriskbregisterbtobanalyzebandbmanagebthosebrisksbinbanborganized
bway,btypicallybbybcategory.
Scenariobanalysisb-bcorrectbanswer-
processbofbanalyzingbpossiblebandbplausiblebfuturebeventsbbybconsideringbalternativ
ebsettings,bcircumstancesbandboutcomes.bItbprovidesbabbasisbforbmakingbdecisionsbi
nbthebcontextbofbdifferentbconditions.
Sitebanalysisb-bcorrectbanswer-
leadersbatbeachbsitebperformbanbassessmentbbybanalyzingbandbevaluatingbthebpoten
tialbrisksbbasedbonbwhatbisbbeingbproducedbatbthebsitebandbitsbenvironmentalbfactors
.bThisbmaybincludebthreat,bvulnerabilitybandbcriticalitybanalyses.
SWOTbanalysisb-bcorrectbanswer-
strengthsbandbweaknessesb(internal),bopportunitiesbandbthreatsb(external)
MontebCarlobanalysisb-bcorrectbanswer-
mathematicalbtechniquebthatbgeneratesbrandombvariablesbforbmodellingbriskborbunce
rtaintybofbabcertainbsystemb(simulation).bThebrandombvariablesborbinputsbarebmodell
edbonbthebbasisbofbprobabilitybdistributions
Stressbanalysisb-bcorrectbanswer-
abformbofbsimulationbusedbtobdeterminebreactionsbtobdifferentbsituations.bAlsobusedbt
obgaugebhowbcertainbstressorsbwillbaffectbabcompanyborbindustry.
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