ISO-31000-CLA Exam Questions & Answers
ISO 31000 - Certified Lead Risk Manager • GAQM
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Sample ISO-31000-CLA Questions
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New definition of risk under ISO 31000 and 31010 is:
According to ISO/IEC Guide73 (2009), clause 1., risk is defined as ''the effect of uncertainty on objectives''. This definition applies to both ISO/IEC Guide73 (2009) and ISO31000 (2018), which are standards for risk management terminology and principles respectively.
Risk management is tailored.
Risk management is tailored4. Tailored means that risk management takes into account the specific needs, objectives, and characteristics of each organization and its context.
Uncertainties may involve: (Choose two)
Uncertainties may involve the process used to conduct the risk analysis and differing abilities among risk analysts.These are examples of factors that can affect the quality and reliability of risk assessment1.
Which risk is sometimes called 'retained risk.'?
According to ISO/IEC Guide73 (2009), clause B., residual risk is ''the level of remaining after controls have been applied''.It is sometimes called 'retained risk' because it represents the amount of risk that an organization decides to accept or retain after implementing its mitigation strategies3.
The accuracy and reliability of the risk assessment should be identified as clearly as possible.
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.
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