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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: MoR Principles and Approach | - Governance and embedding risk management - MoR framework overview |
| Topic 2: Risk Communication and Reporting | - Stakeholder communication - Risk reporting structures |
| Topic 3: Risk Assessment | - Risk prioritization methods - Likelihood and impact evaluation |
| Topic 4: Risk Identification | - Risk sources and categories - Risk description techniques |
| Topic 5: Introduction to Risk Management | - Purpose and benefits of risk management - Basic risk concepts and terminology |
| Topic 6: Risk Response and Control | - Risk response options (avoid, reduce, transfer, accept) - Control selection and implementation |
EXIN Management of Risk Foundation Sample Questions:
1. Which is recorded in the'risk register'?
A) Threats and opportunities
B) Events that have already occurred
C) Risk management practices within an organization
D) Organizational risk appetite and capacity
2. Which specialism has been developed to offer business as usual in the quickest possible time in the event of an emergency?
A) Reputational risk management
B) Incident and crisis management
C) Health and safety management
D) Business continuity management
3. Identify the missing words in the following sentence. Actions to [ ? ] are the source of secondary risks.
A) improve how risk is managed
B) tackle risks to an organizational activity
C) transform process step inputs to outputs
D) embed risk management
4. What is corporate governance?
A) The systematic application of principles, an approach and a process to the tasks of managing risk
B) A plan for the fast and efficient resumption of essential business services
C) A sound system of internal control to ensure that effective management systems have been established to protect the organization
D) A standard set of high-level criteria against which the degree of difficulty of a proposed project is assessed
5. What is represented graphically on a 'summary risk profile'?
A) Summary of the actions required to respond to the risks in the activity
B) Risk capacity for the activity
C) Information found in the risk register
D) Proximity of the identified risks
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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