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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| MoR Principles and Approach | - MoR framework overview - Governance and embedding risk management |
| Introduction to Risk Management | - Purpose and benefits of risk management - Basic risk concepts and terminology |
| Risk Communication and Reporting | - Risk reporting structures - Stakeholder communication |
| Risk Identification | - Risk sources and categories - Risk description techniques |
| Risk Response and Control | - Control selection and implementation - Risk response options (avoid, reduce, transfer, accept) |
| Risk Assessment | - Likelihood and impact evaluation - Risk prioritization methods |
EXIN Management of Risk Foundation Sample Questions:
Question 1
Which is NOT a use of the 'horizon scanning' technique?
A. Facilitating the identification of changes that may affect the organization's risk exposure
B. Identifying long-term developments that could affect the organization's objectives
C. Assessing how emerging trends could affect the organization's objectives
D. Conducting a wide scan of the current external environment
Question 2
Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?
A. Developing plans to improve the overall efficiency of the organization
B. Delivering defined business change products within budget and on time
C. Maintaining the appropriate levels of service delivery to new and existing customers
D. Implementing business strategy to improve organizational performance
Question 3
Which of the M_o_R framework core concepts is informed by corporate governance principles and the international standard for risk management ISO31000:2009?
A. M_o_R approach
B. Embedding and reviewing M_o_R
C. M_o_R principles
D. M_o_R process
Question 4
Which is a purpose of the 'risk management policy'?
A. Explain the actions required to implement risk management
B. Record information about threats and opportunities for an organizational activity
C. Define the Specific risk management activities that will be performed for an activity
D. Describe how risk management practices will be implemented throughout an organization
Question 5
What step is used to determine the time period when a risk might occur?
A. Assess - estimate
B. Identify - risks
C. Identify-context
D. Assess - evaluate
Solutions:
| Question 1 Answer: D | Question 2 Answer: B | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: A |
