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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: M_o_R Process | 40% | - Assess risks (estimate and evaluate) - Plan responses - Implement responses - Identify risks - Communicate and consult |
| Topic 2: Embedding and Reviewing M_o_R | 15% | - Risk culture and maturity - Embedding risk management - Reviewing and improving |
| Topic 3: M_o_R Principles | 20% | - Involve stakeholders - Facilitate continual improvement - Be open and responsive - Align with objectives - Fit the context - Provide clear guidance |
| Topic 4: M_o_R Approach | 25% | - Risk improvement plan - Risk register - Risk management process guide - Roles and responsibilities - Risk management policy |
EXIN Management of Risk Foundation Sample Questions:
1. Which is a purpose for carrying out an'M_o_R health check'?
A) Identify the number of risks emerging in different risk categories
B) Provide a snapshot of the current status of identified risks
C) Examine future developments that may affect an organization's level of exposure to risk
D) Review how well risk management practices have been embedded
2. Which task will be carried out while performing the 'identify - risks' step?
A) Ensuring that all participants agree on the identified risks
B) Calculating when an identified risk is likely to occur
C) Ranking the importance of the stakeholders involved in the activity
D) Developing an appropriate response to the identified risks
3. What document separately describes the steps required to implement risk management within an organization?
A) Risk management strategy
B) Risk management policy
C) Risk management process guide
D) Business continuity plan
4. Which explains a use of the risk management policy in the identify context' step?
A) Identifies changes to the organization's market
B) Identifies how past events could become sources of risk
C) Describes how corporate governance will affect the risk management process
D) Understand the maximum amount of risk that should be taken
5. What objectives are associated with decisions about risks to the delivery of business change capabilities?
A) Strategic
B) Operational
C) Enterprise
D) Programme
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: D |
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