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PR307 Leading Enterprise Risk Management- Paper 1

This examination is Open book

Additional Electronic devices, including laptops and mobile phones are not permitted. Exceptions may be granted to delegates with special needs. Any such arrangement must be with the prior written agreement of the Approved Training Partner and shall include a record of appropriate precautions that will be taken to ensure the fairness and security of the examination process and examination questions.

Information for delegates

The examination paper is in four sections. Attempt all sections and all questions.

The time allowed is two hours thirty minutes. There is no additional time allowed for reading the examination paper.

100 marks are available. To pass you must achieve at least 70 marks (70%), and you must achieve at least 50% in each of the four sections. The maximum marks for each question, or part of a question, are shown in brackets.

Examination technique

Time management is very important in the examination. For guidance, the average time available is:

  1. Reading the examination instructions – five minutes
  2. Section one – twenty-five minutes
  3. Section two – thirty minutes
  4. Section three – forty-five minutes
  5. Section four – forty-five minutes

Total time available – two hours thirty minutes (150 minutes)

Allow enough time to read each question properly. Make sure you understand what is being asked for before starting to write your answer.

Where appropriate, the action verb that indicates the depth of answer required by the question – explain, list, describe etc. – is printed in bold. You should ensure you understand the meaning of these terms (see below). Full marks will not be awarded for a list if an explanation is required. Conversely, it is a waste of time to provide a detailed explanation if the question asks for a list.

Action verb                     Meaning

describe                        depict in words

explain                          give a clear account of

outline                          give the most important features of (less depth than explain or describe)

briefly                           using few words or without giving a lot of details

give                               provide without explanation (used normally with the instruction to ‘give an example (or examples) of ….’)

list                                 provide a list without explanation (bullet points)

identify                         select and name

define                           provide a generally recognised or accepted definition

state                              a less demanding form of ‘define’ or where there is no generally recognised definition

prepare                         make (something) ready for use or consideration

support                         strengthen, substantiate, back up, give weight to

assemble                  gather together

create                        bring into existence

consider                   think carefully about    

construct                 put together

discuss                      talk about

raise                           mention and bring up for discussion

review                       assess and detail

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