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EXIN EX0-004 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: M_o_R Principles20%- Facilitate continual improvement
- Align with objectives
- Be open and responsive
- Involve stakeholders
- Fit the context
- Provide clear guidance
Topic 2: M_o_R Approach25%- Risk management process guide
- Risk management policy
- Risk improvement plan
- Risk register
- Roles and responsibilities
Topic 3: Embedding and Reviewing M_o_R15%- Risk culture and maturity
- Embedding risk management
- Reviewing and improving
Topic 4: M_o_R Process40%- Communicate and consult
- Assess risks (estimate and evaluate)
- Plan responses
- Implement responses
- Identify risks

EXIN Management of Risk Foundation Sample Questions:

1. Which BEST describes an area of uncertainty at the operational perspective?

A) Conflicts during the implementation of business strategy
B) Changes to the delivery schedule of business products
C) Capabilities of the infrastructure to deliver services
D) Opinions of stakeholders that may affect the organizational reputation


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) Describe risks faced by the organization that may prevent an activity from succeeding
D) Define an activity's key performance indicators


3. Which is a purpose of using a risk maturity model?

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


4. Which describes the cause of a risk?

A) Impact of the risk on an activity
B) Risk remaining after implementing a risk response
C) Potential trigger point for a risk
D) Likelihood of the risk occurring


5. Which defines an'MoR health check'?

A) A list of actions to improve the way risk management is performed
B) A benchmarking of current capability
C) An approach to embed the M_o_R principles
D) A tool to identify how the application of M_o_R might be improved


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: D

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