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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| M_o_R Principles | 20% | - Be open and responsive - Provide clear guidance - Involve stakeholders - Facilitate continual improvement - Fit the context - Align with objectives |
| Embedding and Reviewing M_o_R | 15% | - Reviewing and improving - Embedding risk management - Risk culture and maturity |
| M_o_R Approach | 25% | - Risk management policy - Risk improvement plan - Roles and responsibilities - Risk register - Risk management process guide |
| M_o_R Process | 40% | - Assess risks (estimate and evaluate) - Communicate and consult - Plan responses - Implement responses - Identify risks |
EXIN Management of Risk Foundation Sample Questions:
Who does a 'risk actionee' keep up to date on progress when implementing a response to a risk?
- A. Risk owner
- B. Senior team
- C. Audit committee
- D. Team
Correct Answer: A 🗳️
Which is a primary step within the 'M_o_R process'?
- A. Control
- B. Manage
- C. Embed
- D. Assess
Correct Answer: D 🗳️
Which perspective is concerned with decisions about risks to long-term objectives that may not become apparent until well into the future?
- A. Operational
- B. Strategic
- C. Programme
- D. Project
Correct Answer: B 🗳️
Which is a use of the 'SWOT analysis' technique?
- A. Examining regulatory and corporate governance requirements
- B. Estimating the market share of competitors
- C. Identifying future developments that are at the margins of current thinking
- D. Informing of the status of the risks facing an activity
Correct Answer: B 🗳️
Which is identified by use of the 'SWOT analysis' technique?
- A. Roles and responsibilities of those involved in an activity
- B. Factors that may impact the objectives of an activity
- C. Net effect of risks on the objectives of an activity
- D. Stakeholders involved in an activity
Correct Answer: B 🗳️
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