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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Embedding and Reviewing M_o_R | 15% | - Reviewing and improving - Risk culture and maturity - Embedding risk management |
| Topic 2: M_o_R Process | 40% | - Identify risks - Implement responses - Plan responses - Assess risks (estimate and evaluate) - Communicate and consult |
| Topic 3: M_o_R Principles | 20% | - Provide clear guidance - Be open and responsive - Involve stakeholders - Align with objectives - Fit the context - Facilitate continual improvement |
| Topic 4: M_o_R Approach | 25% | - Risk improvement plan - Risk management process guide - Roles and responsibilities - Risk management policy - Risk register |
EXIN Management of Risk Foundation Sample Questions:
Question 1
Which defines the inherent probability of a risk?
A. Chance of a risk occurring before implementing a risk response
B. Effect of the risk on the activity after implementing a risk response
C. Likelihood of an issue occurring before implementing a risk response
D. Calculation of the timeframe and urgency of a risk prior to a risk response
Question 2
Identify the missing words in the following sentence. In order to safeguard value-creating activities, [ ? ] is used to build an effective response to threats.
A. programme management
B. corporate governance
C. business continuity management
D. project management
Question 3
Which task will be carried out while performing the 'identify - risks' step?
A. Ranking the importance of the stakeholders involved in the activity
B. Ensuring that all participants agree on the identified risks
C. Calculating when an identified risk is likely to occur
D. Developing an appropriate response to the identified risks
Question 4
What step is used to determine those risks which have the greatest effect on the objectives of a planned activity?
A. Identify
B. Assess
C. Implement
D. Plan
Question 5
Which is NOT a recommended risk response option for an 'opportunity'?
A. Share
B. Reduce
C. Enhance
D. Transfer
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: B |
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Adam 
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Bishop 
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Gene 
Georgia 
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Nicola 
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Newman 
Eric 
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