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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| M_o_R Principles | 20% | - Provide clear guidance - Be open and responsive - Facilitate continual improvement - Involve stakeholders - Align with objectives - Fit the context |
| M_o_R Process | 40% | - Plan responses - Communicate and consult - Assess risks (estimate and evaluate) - Implement responses - Identify risks |
| Embedding and Reviewing M_o_R | 15% | - Reviewing and improving - Risk culture and maturity - Embedding risk management |
| M_o_R Approach | 25% | - Risk management process guide - Risk register - Risk improvement plan - Roles and responsibilities - Risk management policy |
EXIN Management of Risk Foundation Sample Questions:
Which step has a goal of checking the success of risk responses?
- A. Assess - evaluate
- B. Implement
- C. Assess-estimate
- D. Plan
Correct Answer: B 🗳️
Which is NOT a method for obtaining senior management commitment and support for understanding and managing risk?
- A. Communicating risk management successes
- B. Undertaking qualitative and quantitative assessment of risks
- C. Having risk delivery linked to performance objectives
- D. Having a board-level sponsor defined and communicated to all staff
Correct Answer: B 🗳️
Which action does NOT contribute to achieving the goal of the 'identify - risks' step?
- A. Understand a stakeholder's view of an activity's risk profile
- B. Define an activity's key performance indicators
- C. Obtain information about the external and internal factors that may affect the planned activity
- D. Describe risks faced by the organization that may prevent an activity from succeeding
Correct Answer: C 🗳️
Which document describes how risk management activities will support the achievement of corporate objectives throughout an organization?
- A. Risk management policy
- B. Risk management process guide
- C. Risk progress report
- D. Risk management strategy
Correct Answer: A 🗳️
Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?
- A. Enhancing an existing capability to improve organizational performance
- B. Maintaining the appropriate level of business services to customers
- C. Delivering a defined business change product within budget
- D. Ensuring the on-going viability of the organization
Correct Answer: C 🗳️
