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EXIN EX0-004 Exam : Management of Risk Foundation

EX0-004 actual test
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Sep 15, 2026
  • Q & A: 140 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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EXIN EX0-004 Exam Syllabus Topics:

SectionObjectives
Risk Identification and Assessment- Risk identification techniques
- Risk categorization and prioritization
- Qualitative and quantitative risk assessment
M_o_R Framework- Embedding risk management in organizational processes
- Roles and responsibilities in risk governance
- Overview of M_o_R principles and approach
Risk Management Principles- Objectives and benefits of risk management
- Definition of risk and risk management concepts
- Risk appetite and risk tolerance
Risk Response Planning- Contingency planning
- Risk response options (avoid, reduce, transfer, accept)
- Designing and implementing risk responses
Risk Monitoring and Control- Reporting and escalation processes
- Continuous improvement in risk management
- Risk monitoring techniques

EXIN Management of Risk Foundation Sample Questions:

Question #1

Which is a responsibility of the M_o_R assurance role?

  • A. Validate assessment of individual risks
  • B. Ensure the availability of staff to implement the risk management strategy
  • C. Advise the senior team that the correct risk management roles exist
  • D. Develop plans to improve risk management
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

Which BEST describes an area of uncertainty at the strategic perspective?

  • A. Ability of the infrastructure to meet the required level of service
  • B. Changes to scope, quality, cost and schedule of business products
  • C. Impact of business changes on current organizational performance
  • D. Stakeholder opinions of operational activities that may affect the organizational reputation
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

Which is a goal of the 'plan' process step?

  • A. Agree the timing of the risk communications plan
  • B. Understand an activity's pre-response risk exposure
  • C. Set the risk tolerance of an activity
  • D. Choose appropriate actions to deal with risks
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

Which is a purpose for carrying out an'M_o_R health check'?

  • A. Review how well risk management practices have been embedded
  • B. Examine future developments that may affect an organization's level of exposure to risk
  • C. Identify the number of risks emerging in different risk categories
  • D. Provide a snapshot of the current status of identified risks
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

What is the difference between a risk and an issue?

  • A. A risk can impact on all activities, an issue impacts on project deliverables only
  • B. A risk is impacting objectives now, an issue may have an impact on objectives
  • C. A risk may have an impact on objectives, an issue is impacting objectives now
  • D. A risk has a negative impact on objectives, an issue has a positive impact on objectives
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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