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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| M_o_R Approach | 25% | - Risk management process guide - Risk register - Risk improvement plan - Roles and responsibilities - Risk management policy |
| Embedding and Reviewing M_o_R | 15% | - Reviewing and improving - Risk culture and maturity - Embedding risk management |
| M_o_R Process | 40% | - Plan responses - Communicate and consult - Assess risks (estimate and evaluate) - Implement responses - Identify risks |
| M_o_R Principles | 20% | - Provide clear guidance - Be open and responsive - Facilitate continual improvement - Involve stakeholders - Align with objectives - Fit the context |
EXIN Management of Risk Foundation Sample Questions:
1. Which step has a goal of checking the success of risk responses?
A) Assess - evaluate
B) Implement
C) Assess-estimate
D) Plan
2. 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
3. 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
4. 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
5. 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
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: C |
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