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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which is used to determine 'inherent' risk exposure?

A) Proximity of a risk after implementation of risk response actions
B) Likelihood of a risk occurring after completed risk response actions
C) Effect on objectives if a risk occurs before starting to tackle risks
D) Impact of a secondary risk if it occurs

2. Which action does NOT contribute to achieving the goal of the 'identify - risks' step?

A) Obtain information about the external and internal factors that may affect the planned activity
B) Understand a stakeholder's view of an activity's risk profile
C) Define an activity's key performance indicators
D) Describe risks faced by the organization that may prevent an activity from succeeding

3. What is an opportunity?

A) An uncertain event that could have a favourable impact on objectives or benefits
B) An event that has occurred resulting in a negative impact on objectives or benefits
C) An uncertain event that could have a negative impact on objectives or benefits
D) An event that has occurred resulting in a favourable impact on objectives or benefits

4. Which is NOT a reason for carrying out an'M_o_R health check?

A) Provide a snapshot of the current status of identified risks
B) Review how well risk management practices have been embedded
C) Help gain maximum value from investment in risk management
D) Identify areas for improvement

5. Which is a purpose of the 'risk management policy'?

A) Explain the actions required to implement risk management
B) Define the Specific risk management activities that will be performed for an activity
C) Describe how risk management practices will be implemented throughout an organization
D) Record information about threats and opportunities for an organizational activity

Solutions: