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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Risk Response and Control | - Risk response options (avoid, reduce, transfer, accept) - Control selection and implementation |
| MoR Principles and Approach | - Governance and embedding risk management - MoR framework overview |
| Risk Identification | - Risk description techniques - Risk sources and categories |
| Risk Assessment | - Likelihood and impact evaluation - Risk prioritization methods |
| Introduction to Risk Management | - Purpose and benefits of risk management - Basic risk concepts and terminology |
| Risk Communication and Reporting | - Stakeholder communication - Risk reporting structures |
EXIN Management of Risk Foundation Sample Questions:
Question 1
Which is a benefit of effective risk management?
A. Eliminates risk-taking within an organization
B. Improves the chances of organizational changes being successful
C. Guarantees business benefits will be delivered
D. Successful completion of all change activities
Question 2
Which describes the risk response option'share the risk'?
A. Carry out an action to make the uncertain situation certain
B. Obtain an insurance policy to cover the impact should the risk occur
C. Perform an action to minimise the impact of the risk should it occur
D. Partake in a pain/gain contract with another party for the specified risk
Question 3
Identify the missing word in the following sentence. The primary steps in the 'MoR process' are 'implement', identify', [ ? ] and assess'.
A. record
B. perform
C. plan
D. manage
Question 4
Which is identified by use of the 'SWOT analysis' technique?
A. Net effect of risks on the objectives of an activity
B. Factors that may impact the objectives of an activity
C. Stakeholders involved in an activity
D. Roles and responsibilities of those involved in an activity
Question 5
Identify the missing words in the following sentence.
The [ ? ] technique is used to measure the net effect of the threats and opportunities facing an activity.
A. summary risk profile
B. summary expected value assessment
C. cost-benefit analysis
D. impact assessment
Solutions:
| Question 1 Answer: B | Question 2 Answer: D | Question 3 Answer: C | Question 4 Answer: B | Question 5 Answer: B |








