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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Identification | - Risk description techniques - Risk sources and categories |
| Topic 2: Risk Communication and Reporting | - Stakeholder communication - Risk reporting structures |
| Topic 3: Introduction to Risk Management | - Purpose and benefits of risk management - Basic risk concepts and terminology |
| Topic 4: Risk Response and Control | - Control selection and implementation - Risk response options (avoid, reduce, transfer, accept) |
| Topic 5: Risk Assessment | - Risk prioritization methods - Likelihood and impact evaluation |
| Topic 6: MoR Principles and Approach | - Governance and embedding risk management - MoR framework overview |
EXIN Management of Risk Foundation Sample Questions:
Which task will be carried out while performing the 'identify - risks' step?
- A. Ensuring that all participants agree on the identified risks
- B. Developing an appropriate response to the identified risks
- C. Ranking the importance of the stakeholders involved in the activity
- D. Calculating when an identified risk is likely to occur
Correct Answer: A 🗳️
Which is a central 'M_o_R approach' document?
- A. Risk communications plan
- B. Risk register
- C. Risk management policy
- D. Risk improvement plan
Correct Answer: C 🗳️
Which is a purpose of 'embedding and reviewing' M_o_R?
- A. Reporting on the risk response plan'
- B. Ensuring the availability of appropriate techniques used in the risk management process steps
- C. Maximizing the return on investment in risk management
- D. Assuring the appointment of risk owners
Correct Answer: C 🗳️
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. business continuity management
- B. project management
- C. programme management
- D. corporate governance
Correct Answer: A 🗳️
Which is a use of the 'SWOT analysis' technique?
- A. Estimating the market share of competitors
- B. Informing of the status of the risks facing an activity
- C. Identifying future developments that are at the margins of current thinking
- D. Examining regulatory and corporate governance requirements
Correct Answer: A 🗳️
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