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GAQM ISO-31000-CLA Exam Questions

Exam Name: ISO 31000 - Certified Lead Risk Manager
Exam Code: ISO-31000-CLA
Related Certification(s): GAQM ISO Certifications
Certification Provider: GAQM
Actual Exam Duration: 120 Minutes
Number of ISO-31000-CLA practice questions in our database: 100 (updated: Jan. 26, 2025)
Expected ISO-31000-CLA Exam Topics, as suggested by GAQM :
  • 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.
Disscuss GAQM ISO-31000-CLA Topics, Questions or Ask Anything Related
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Bernardine

7 days ago
Risk monitoring and review processes are important topics. Be ready to explain continuous improvement in risk management. Practice tests helped reinforce these concepts.
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Bette

15 days ago
The exam tested my knowledge thoroughly, especially with a question on 'Foundation'. It asked about the foundational elements of risk management and their importance. I was a bit unsure, but the practice questions from Pass4Success were a great help in passing.
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Flo

21 days ago
The exam covers organizational context extensively. Expect questions on internal and external factors affecting risk management. Study organizational structures and their impact.
upvoted 0 times
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Art

22 days ago
ISO 31000 exam success! Pass4Success questions were nearly identical to the real thing. Couldn't have done it without them.
upvoted 0 times
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Ammie

1 months ago
Questions on risk communication strategies appeared frequently. Understand stakeholder engagement processes. Pass4Success practice tests were spot-on.
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Jarod

1 months ago
During the exam, I faced a challenging question on 'ISO 31000:2009 Enhanced Risk Management'. It was about the enhancements made in the 2009 version compared to previous iterations. I wasn't entirely sure of all the enhancements, but the practice questions from Pass4Success helped me navigate through.
upvoted 0 times
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Daren

2 months ago
The exam tests your understanding of risk treatment options. Be prepared to identify appropriate strategies for different scenarios. Reviewing real-world examples was crucial.
upvoted 0 times
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Chantay

2 months ago
Wow, aced the Lead Risk Manager certification! Pass4Success materials were a lifesaver. Highly recommend for quick study.
upvoted 0 times
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Tommy

2 months ago
I recently passed the ISO 31000 exam, and it was no easy feat. A particularly tricky question involved 'Risk Assessment Tools and Techniques'. It asked about the application of qualitative and quantitative methods in risk assessment. I hesitated on my answer, but the preparation with Pass4Success paid off.
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Telma

2 months ago
Scenario-based questions on risk assessment techniques are common. Practice applying various methods like SWOT analysis. Pass4Success helped me prepare efficiently.
upvoted 0 times
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Latosha

2 months ago
The exam was a rollercoaster of emotions, especially when I encountered a question on 'Risk Concepts and Definitions'. It was about distinguishing between inherent and residual risk, and I found myself second-guessing. Despite this, the practice questions from Pass4Success were instrumental in my success.
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Skye

3 months ago
The exam heavily focuses on risk management principles. Expect questions on defining risk and its components. Study ISO 31000 framework thoroughly.
upvoted 0 times
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Brett

3 months ago
Just passed the GAQM ISO 31000 exam! Thanks Pass4Success for the spot-on practice questions. Saved me tons of prep time!
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Leigha

3 months ago
Reflecting on my exam experience, I must say that the ISO 31000 - Certified Lead Risk Manager exam was quite challenging. One question that really stumped me was about the 'Risk Management Principles'. It asked how these principles guide the integration of risk management into organizational processes. I was unsure about the exact wording of the principles, but thanks to the Pass4Success practice questions, I managed to pass.
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Free GAQM ISO-31000-CLA Exam Actual Questions

Note: Premium Questions for ISO-31000-CLA were last updated On Jan. 26, 2025 (see below)

Question #1

Which element is often the biggest challenge in risk implementation?

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Correct Answer: A

Human element is often the biggest challenge in risk implementation. Human element involves overcoming resistance to change, engaging stakeholders, building trust and commitment, and fostering a positive risk culture.


Question #3

Which of the following is becoming the basis for all decision making?

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Correct Answer: A

Risk management is becoming the basis for all decision making2. Risk management helps organizations to identify opportunities and threats, evaluate alternatives, and make informed choices.


Question #4

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?

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Correct Answer: C

ISO 31000:2018 consists of risk management principles, framework, and process that have been adopted as a national risk management standard by more than 60 countries23. It provides guidelines on managing any type of risk faced by organizations.


Question #5

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?

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Correct Answer: A

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]


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