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GAQM ISO-31000-CLA Exam Questions
- Topic 1: Foundation: This section of the exam measures the skills of GAQM Risk Managers and covers the fundamental concepts of risk management. Candidates will learn about the importance of establishing a strong foundation for effective risk management practices within organizations. This module emphasizes understanding the role of risk management in achieving organizational objectives.
- Topic 2: ISO Risk-Based Thinking: This module is targeted at GAQM Risk Consultants and focuses on the principles of risk-based thinking as outlined in ISO standards. A key skill measured here is the ability to apply risk-based thinking to enhance organizational resilience.
- Topic 3: Risk Concepts And Definitions: This section provides a clear understanding of key risk concepts and definitions. Candidates will learn to differentiate between various types of risks and understand their implications for organizations.
- Topic 4: ISO 31000:2018 Simplified: This module is designed for GAQM Risk Consultants and simplifies the ISO 31000:2018 standard. Candidates will gain insights into the updated framework for managing risk, including its structure and key components.
- Topic 5: Risk Management Principles: It focuses on the core principles of risk management. Candidates will learn about the fundamental principles that guide effective risk management practices.
- Topic 6: Framework For Managing Risk: This topic covers the framework necessary for managing risk within organizations. Candidates will explore how to establish a structured approach to risk management that aligns with organizational goals.
- Topic 7: Risk Management Process: It gives an understanding of the overall risk management processes. Candidates will learn about the steps involved in identifying, assessing, treating, and monitoring risks.
- Topic 8: Risk Assessment Tools And Techniques: This area of the exam covers various tools and techniques used in risk assessment. Candidates will explore methods for evaluating risks and making informed decisions.
- Topic 9: ISO 31000:2009 Enhanced Risk Management: This section measures the skills of GAQM Risk Managers by examining enhancements made in ISO 31000:2009 compared to previous versions.
Free GAQM ISO-31000-CLA Exam Actual Questions
Note: Premium Questions for ISO-31000-CLA were last updated On Dec. 14, 2024 (see below)
Which of the following consists of risk management principles, framework, and process that have been adopted as a national risk management standard by more than 60 countries?
Which step is the last part of the risk assessment process, which started with risk identification then moved to risk assessment, and finally risk evaluation?
the last step of the risk assessment process, which starts with risk identification, moves to risk assessment, and finally risk evaluation, is Risk evaluation.
Risk evaluation involves comparing the estimated level of risk against the risk criteria established during the risk assessment phase, to determine the significance of the risk and whether it is acceptable or not. This decision is made in consultation with stakeholders, who may provide additional context and information to inform the decision.
The American Society for Quality (ASQ) describes risk evaluation as 'the process of comparing an estimated risk against given risk criteria to determine the acceptability of the risk.' [1]
Similarly, ISO/IEC 27001:2013 (Information technology --- Security techniques --- Information security management systems --- Requirements) defines risk evaluation as 'the process of comparing the estimated risk against given risk criteria in order to determine the significance of the risk.' [2]
Which of the is a set of systematic, deliberate, and actionable steps to manage risk?
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