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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: M_o_R Principles | 20% | - Facilitate continual improvement - Provide clear guidance - Fit the context - Be open and responsive - Align with objectives - Involve stakeholders |
| Topic 2: Embedding and Reviewing M_o_R | 15% | - Reviewing and improving - Risk culture and maturity - Embedding risk management |
| Topic 3: M_o_R Approach | 25% | - Risk management process guide - Risk improvement plan - Risk register - Roles and responsibilities - Risk management policy |
| Topic 4: M_o_R Process | 40% | - Identify risks - Communicate and consult - Implement responses - Assess risks (estimate and evaluate) - Plan responses |
EXIN Management of Risk Foundation Sample Questions:
Which sub-steps are included in the 'assess' step?
- A. Estimate and evaluate
- B. Plan and evaluate
- C. Context and estimate
- D. Context and risks
Correct Answer: A 🗳️
What is the goal of the 'assess - estimate' step?
- A. Identify the threats and opportunities facing the organizational activity
- B. Determine the risks with the greatest effect on an activities objectives
- C. Assess the effectiveness of the risk management processes within an organization
- D. Estimate and agree the budget required to manage risks to the activity
Correct Answer: B 🗳️
What M_o_R principle recommends the sharing of experiences across the organization to help senior management decision making?
- A. Facilitates continual improvement
- B. Achieves measurable value
- C. Provides clear guidance
- D. Informs decision making
Correct Answer: A 🗳️
Which information is NOT found in the risk management process guide?
- A. How to use an issue register
- B. Which templates are to be used on a project
- C. Where to find a blank risk register
- D. Why standard forms should be used
Correct Answer: B 🗳️
Which M_o_R principle advocates that an organization's risk appetite should be within the organization's risk capacity?
- A. Fits the context
- B. Aligns with objectives
- C. Informs decision-making
- D. Provides clear guidance
Correct Answer: B 🗳️
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