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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Risk Assessment | - Likelihood and impact evaluation - Risk prioritization methods |
| Risk Identification | - Risk description techniques - Risk sources and categories |
| Introduction to Risk Management | - Purpose and benefits of risk management - Basic risk concepts and terminology |
| Risk Response and Control | - Control selection and implementation - Risk response options (avoid, reduce, transfer, accept) |
| Risk Communication and Reporting | - Risk reporting structures - Stakeholder communication |
| MoR Principles and Approach | - MoR framework overview - Governance and embedding risk management |
EXIN Management of Risk Foundation Sample Questions:
1. Which is recorded in the risk response plan during the 'plan' step?
A) Number of risks in different categories
B) Actions to improve risk management
C) Actions developed to mitigate threats
D) Unmanaged risks
2. Identify the missingword(s) in the following sentence. The risk [ ? ] used during the 'implement' step compares the performance of response actions with their planned outcomes.
A) response plan
B) register
C) management strategy
D) progress report
3. Which is a purpose of using a risk maturity model?
A) Show to which organizational activities risk management should be applied
B) Identify where the application of risk management within an organization can be improved
C) Provide independent risk information at key decision points within a programme or project
D) Understand the nature of risks facing an organization and the actions needed to respond
4. What objectives are associated with decisions about risks to the delivery of business change capabilities?
A) Strategic
B) Programme
C) Operational
D) Enterprise
5. Which is a common barrier to implementing the risk management process?
A) Lack of an appropriate response to a risk in an activity's risk register
B) Lack of a high-risk appetite at senior management level
C) Lack of policies, processes, strategies and plans
D) Lack of an assigned risk owner
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: C |
