RIMS-CRMP EXAM STUDY GUIDE wit correct answers 100% 2024
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Certified risk management professional
Institution
Certified Risk Management Professional
RIMS-CRMP EXAM STUDY GUIDE wit correct answers 100% 2024
A business model is a set of assumptions about the - Correct Answer way an organization creates value
A risk management professional advises management on the status of key risks by - Correct Answer providing insights into the changing ...
RIMS-CRMP EXAM STUDY GUIDE wit
correct answers 100% 2024
A business model is a set of assumptions about the - Correct Answer way an organization creates value
A risk management professional advises management on the status of key risks by - Correct Answer
providing insights into the changing characteristics of a risk
After validating the training curricula, a risk management professional - Correct Answer schedules and
conducts training.
Benchmarking - Correct Answer The process of measuring the performance of an organization against
external standards of reference that frequently come from similar organizations doing similar things.
Corporate Governance - Correct Answer The system of rules, practices and processes by which a
company is directed and controlled.
Enterprise Risk Management - Correct Answer A strategic discipline that supports the achievement of
an organization's objectives by addressing the full spectrum of its risk and managing the combined
impact of those risks as an interrelated risk portfolio.
Gap Analysis - Correct Answer Comparison of an existing process or procedure to recognize standards in
order to identify deficiencies or excesses in the existing process.
Key performance indicator (KPI) - Correct Answer As activity that signals the achievement of
organizational objectives, emphasize opportunities and strategic objectives.
Key risk indicator (KRI) - Correct Answer designed to manage downside risk. A measurement of how risk
and volatility relate to achieving organizational objectives,
PESTLE Analysis - Correct Answer PESTLE is an acronym for Political, Economic, Social, Technology, Legal
and Environmental and identifies the categories utilized to analyze internal and external environments.
Other forms of the acronym include "PEST" and "PESTEL."
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