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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| MoR Principles and Approach | - Governance and embedding risk management - MoR framework overview |
| Risk Assessment | - Likelihood and impact evaluation - Risk prioritization methods |
| Risk Identification | - Risk description techniques - Risk sources and categories |
| Risk Response and Control | - Risk response options (avoid, reduce, transfer, accept) - Control selection and implementation |
| Risk Communication and Reporting | - Stakeholder communication - Risk reporting structures |
| Introduction to Risk Management | - Purpose and benefits of risk management - Basic risk concepts and terminology |
EXIN Management of Risk Foundation Sample Questions:
1. Which defines an'MoR health check'?
A) A benchmarking of current capability
B) An approach to embed the M_o_R principles
C) A tool to identify how the application of M_o_R might be improved
D) A list of actions to improve the way risk management is performed
2. Which BEST describes an area of uncertainty at the programme perspective?
A) Schedule of business products to time and cost
B) Availability of skills to deliver services to new and existing customers
C) Legislation that affects core business activities
D) Implementing new business practices across organizational boundaries
3. What step is used to determine those risks which have the greatest effect on the objectives of a planned activity?
A) Identify
B) Plan
C) Assess
D) Implement
4. Identify the missing words in the following sentence. The primary outcome of the [ ? ] principle is that the identification of risks is thorough.
A) facilitates continual improvement
B) engages stakeholders
C) provides clear guidance
D) creates a supportive culture
5. Which is a responsibility of a 'risk actionee'?
A) Perform a risk response action to respond to a particular risk
B) Manage all aspects of an assigned risk
C) Identify risks that might occur to activities in their department
D) Develop strategies to improve the management of risk
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A |
