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Exam Code: ISO-31000-Lead-Risk-Manager
Exam Name: PECB ISO 31000 Lead Risk Manager
Certification Provider: PECB
Corresponding Certification: PECB ISO 31000 Certification

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ISO-31000-Lead-Risk-Manager

Updated: Oct 22, 2026

No. of Questions: 82 Questions & Answers with Testing Engine

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PECB ISO-31000-Lead-Risk-Manager Exam Overview:

Certification Vendor:PECB
Exam Name:PECB ISO 31000 Lead Risk Manager
Exam Number:ISO-31000-Lead-Risk-Manager
Exam Duration:180 minutes
Related Certifications:PECB ISO 31000 Provisional Risk Manager
PECB ISO 31000 Senior Lead Risk Manager
PECB ISO 31000 Risk Manager
Available Languages:German, Spanish, French, English
Exam Format:Scenario-based, Multiple Choice
Sample Questions:PECB ISO-31000-Lead-Risk-Manager Sample Questions
Exam Way:Online or classroom-based proctored exam
Pre Condition:A fundamental understanding of the risk management framework, process, and principles is required.
Official Syllabus URL:https://pecb.com/en/education-and-certification-for-individuals/iso-31000/iso-31000-lead-risk-manager

PECB ISO-31000-Lead-Risk-Manager Exam Syllabus Topics:

TopicDetails
Topic 1
  • Risk monitoring, review, communication, and consultation: Monitoring ensures effectiveness by tracking controls and identifying emerging risks. Communication engages stakeholders throughout all stages for informed decision-making.
Topic 2
  • Initiation of the risk management process and risk assessment: This domain establishes context and conducts systematic assessments to identify potential threats. Assessment involves identification, likelihood analysis, and prioritization against established criteria.
Topic 3
  • Establishment of the risk management framework: The framework provides the foundation for implementing and improving risk management organization-wide. It encompasses leadership commitment, framework design, accountability, and resource allocation.
Topic 4
  • Fundamental principles and concepts of risk management: Risk management systematically identifies, analyzes, and responds to uncertainties affecting organizational objectives. Core principles include creating value, integration into processes, addressing uncertainty, and maintaining dynamic responsiveness.
Topic 5
  • Risk treatment, risk recording and reporting: Treatment involves selecting measures to modify risks through avoidance, acceptance, removal, or sharing. Recording and reporting ensure systematic documentation and stakeholder communication.

Reference: https://pecb.com/en/education-and-certification-for-individuals/iso-31000/iso-31000-lead-risk-manager

PECB ISO 31000 Lead Risk Manager Sample Questions:

Question #1

A renewable energy company is conducting a facilitated workshop to review potential risks in its power generation systems. The facilitator uses a list of guidewords and prompts such as "what if?" and "how could?" to encourage participants to discuss possible causes, consequences, and existing controls. Which of the following risk identification techniques is being applied?

  • A. Delphi technique
  • B. Checklists, classifications, and taxonomies
  • C. Failure Modes and Effects Analysis (FMEA)
  • D. Structured What-If Technique (SWIFT)
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

Likelihood can be described in various ways, including using descriptive terms. What should risk managers do when using a descriptive term?

  • A. Define the meaning of descriptive terms
  • B. Avoid using descriptive terms altogether
  • C. Ensure that the term has a certain ambiguity to account for different interpretations
  • D. Keep the descriptive terms short, a maximum of two words
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #3

An organization ensures that risk management is embedded into its governance structures, aligning accountability and oversight roles with its strategic objectives and culture. Which component of the risk management framework is being applied?

  • A. Evaluation
  • B. Implementation
  • C. Design
  • D. Integration
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

Which element should the organization analyze when examining its external context?

  • A. Contractual relationships and commitments
  • B. Key drivers and trends affecting the objectives of the organization
  • C. Internal policies and procedures
  • D. Standards, guidelines, and models adopted by the organization
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

A company sets the objective "increase the number of internal risk reports submitted each quarter by staff," but it does not define the expected increase or how progress will be tracked. Which SMART criterion is missing in this objective?

  • A. Achievable
  • B. Measurable
  • C. Relevant
  • D. Time-bound
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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