Risk Control for Projects Final Exam
Now that you have finished reviewing all course material, it’s time to take the final exam. You must score 70% or higher to pass this exam. You will have an unlimited number of attempts to pass and there is no time limit for each attempt. Once you pass, you will receive a certificate of completion. Good luck!
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Question 1 of 20
1. Question
What is the purpose of risk control?
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Question 2 of 20
2. Question
Which risk control technique would be used to completely eliminate any possibility of loss?
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Question 3 of 20
3. Question
Which risk control technique seeks to lower the severity a loss from a risk event occurring?
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Question 4 of 20
4. Question
Which risk control technique can be divided into the two categories of separation or duplication?
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Question 5 of 20
5. Question
All types of building construction must include _______, which are floor-to-ceiling walls that are made of noncombustible materials and have no openings.
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Question 6 of 20
6. Question
In order to put out fires inside of a building, all of the following are used except:
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Question 7 of 20
7. Question
What type of risk events strike without any human intervention?
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Question 8 of 20
8. Question
Changes in consumer tastes and technological changes are examples for which type of risk to an organization?
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Question 9 of 20
9. Question
Which is the physical control that is used to keep working spaces neat and ordered?
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Question 10 of 20
10. Question
A job safety analysis is a risk control technique that will be used for all of the following except:
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Question 11 of 20
11. Question
What type of losses are the amounts of money that an organization must spend in response to actual legal claims brought against it?
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Question 12 of 20
12. Question
All of the following are funds that are paid due to a claim being filed against an organization except:
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Question 13 of 20
13. Question
Which of the following is not one of the four elements that may generate legal responsibility for any organization?
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Question 14 of 20
14. Question
What is the “process” where a potential claimant may be persuaded not to file a formal claim against the organization?
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Question 15 of 20
15. Question
What risk control measures are to be taken before a risk event occurs?
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Question 16 of 20
16. Question
What business system analysis technique involves identifying some negative result of system performance and tracing back the negative results back through a logic tree documenting every failure of a system component that can produce this negative result?
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Question 17 of 20
17. Question
When a crisis occurs, who is responsible to execute the crisis management plan?
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Question 18 of 20
18. Question
What is the fifth level of Maslow’s Hierarchy of Needs?
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Question 19 of 20
19. Question
What type of risk is associated with worker productivity and quality of work produced?
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Question 20 of 20
20. Question
What term is used to identify how much risk the organization and individual stakeholders are willing to accept?