Risk Management assessment

Candidates Assessed

16178+

Organisations Served

121+

Risk Management assessment is ideal pre-emoloyment test for recruiters and hiring managers to assess candidate's ability to manage risk and minimize adverse impact on reputation, safety, security, or financial success of the organization. The test has helped many enterprises to reduce hiring time by 45% and hiring cost by 40%

 

About Risk Management assessment

Risk management is the process of finding, assessing, and controlling threats to your company’s financial security. These risks stem from a variety of sources including financial uncertainties, legal liabilities, technology issues, strategic management errors, accidents and natural disasters. A successful risk management program helps an organization consider the full range of risks it faces.

Risk Management assessment test helps to hire managers & recruiters to find the best suitable candidate by assessing his/her ability to work on both frontend and backend development. Risk Management test questions are designed & validated by Subject Matter Experts (SME) to assess & hire a Risk manager as per the industry standards.

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Test Summary

Risk Management skill test helps to screen the candidates who possess traits as follows: 

  • Good experience with 8 principls of risk managment
  • Knowledge of various types of risks and issues
  • Good understanding of how to control and monitor the risks
  • Familiarity with analyzing potential risks
Risk Management test contains the latest & quality set of scenario-based questions to assess the operating experience of the candidate. Risk Management test may contain MCQs (Multiple Choice Questions), MAQs (Multiple Answer Questions), Fill in the Blanks, Whiteboard Questions, Audio / Video Questions, AI-Logic Box (Pseudo-Coding Platform), Coding Simulators, True or False Questions, etc.

Test Duration: 15 minutes

No. of Questions: 10

Level of Expertise: Entry/Mid/Senior

Useful for hiring

  • Risk Manager
  • Risk Management Consultant
  • Project Manager

Topics Covered


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Analyze Risks

Risk Management assessment aids recruiters to evaluate a candidate’s ability to examine a situation and locate potential risks involved and while doing so, also analyze said risks to see how they might pose a problem

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8 Principles of Risk Management

This test helps recruiters to assess a candidate’s knowledge on Risk Management and its 8 essential principles such as Integration, Customization, Inclusivity etc. and how well they put these principles into the management of risks

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Monitor and Control Risks

Risk Management test helps recruiters to assess a candidate’s ability to closely monitor and control risks to avoid them getting out of hand

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Risk vs Issue

This test helps recruiters to evaluate a candidate’s knowledge on Risk Management by specifically gauging a candidate’s response to a risk as opposed to an issue. A risk is a situation which has some probability of occurring while an issue is essentially a risk that has already happened

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Types of Risk

The Risk Management test helps recruiters to evaluate a candidate’s knowledge on the different types of risks that may be encountered during operations such as Finance risk, Operational risk, Market risk etc. and how they can use this knowledge in mitigating the growth of such risks

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Sample Questions

Choose from our 100,000+ question library or add your own questions to make powerful custom tests

Question types:

Multiple Option

Topic:

Risk Management

Difficulty:

Medium


Q 1. There are reports of an outbreak of a life-threatening epidemic in country X that resulted in a huge loss of life. Currently, there is no cure available for that disease. You are the in-charge of health and family welfare in country Y. You received information that 10 of your citizens are coming back home from country X. You immediately ordered quarantine and medical checkups of those citizens and any others who traveled with them at the airport itself. What strategy did you adopt here to prevent the epidemic spread in your country?
Avoid
Transfer
Mitigate
Accept

Sample Report

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Skill wise performance report by iMocha

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Trusted By

Christoph, e-Zest GmbH
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“Our recruitment team loves iMocha especially for their skill assessments, simulators, and friendly support.”

Christoph, e-Zest GmbH

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