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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

What is represented graphically on a 'summary risk profile'?

A. Information found in the risk register
B. Summary of the actions required to respond to the risks in the activity
C. Proximity of the identified risks
D. Risk capacity for the activity

Question 2

What principle is supported by early warning indicators?

A. Aligns with objectives
B. Fits the context
C. Informs decision-making
D. Engages stakeholders

Question 3

Which is a purpose of using a risk maturity model?

A. Show to which organizational activities risk management should be applied
B. Provide independent risk information at key decision points within a programme or project
C. Identify where the application of risk management within an organization can be improved
D. Understand the nature of risks facing an organization and the actions needed to respond

Question 4

Identify the missing word in the following sentence. Applying the 'aligns with objectives'
principle at the [ ? ] perspective ensures risk management is responsive to changes to objectives that meet shareholder needs, reputation and demand for services.

A. project
B. operational
C. programme
D. strategic

Question 5

Which describes the risk response option'share the risk'?

A. Partake in a pain/gain contract with another party for the specified risk
B. Obtain an insurance policy to cover the impact should the risk occur
C. Perform an action to minimise the impact of the risk should it occur
D. Carry out an action to make the uncertain situation certain

Solutions: