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:

Reading the examination instructions – five minutes
Section one – twenty-five minutes
Section two – thirty minutes
Section three – forty-five minutes
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

PR307 Leading Enterprise Risk Management- Paper 1