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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| M_o_R Approach | 25% | - Risk management policy - Risk register - Roles and responsibilities - Risk improvement plan - Risk management process guide |
| Embedding and Reviewing M_o_R | 15% | - Risk culture and maturity - Reviewing and improving - Embedding risk management |
| M_o_R Process | 40% | - Identify risks - Implement responses - Assess risks (estimate and evaluate) - Communicate and consult - Plan responses |
| M_o_R Principles | 20% | - Align with objectives - Fit the context - Provide clear guidance - Be open and responsive - Facilitate continual improvement - Involve stakeholders |
EXIN Management of Risk Foundation Sample Questions:
Question 1
Identify the missing word in the following sentence. The primary steps in the 'MoR process' are 'implement', identify', [ ? ] and assess'.
A. plan
B. perform
C. record
D. manage
Question 2
What provides an analysis of trends of risks in different risk categories?
A. Risk management strategy
B. Risk progress report
C. Risk communications plan
D. Risk improvement plan
Question 3
What is corporate governance?
A. A standard set of high-level criteria against which the degree of difficulty of a proposed project is assessed
B. A sound system of internal control to ensure that effective management systems have been established to protect the organization
C. A plan for the fast and efficient resumption of essential business services
D. The systematic application of principles, an approach and a process to the tasks of managing risk
Question 4
Which perspective would the 'fits the context' principle be applied to in order to identify laws that impact core business activities?
A. Programme
B. Operational
C. Project
D. Strategic
Question 5
Which is identified by use of the 'SWOT analysis' technique?
A. Net effect of risks on the objectives of an activity
B. Stakeholders involved in an activity
C. Roles and responsibilities of those involved in an activity
D. Factors that may impact the objectives of an activity
Solutions:
| Question 1 Answer: A | Question 2 Answer: B | Question 3 Answer: B | Question 4 Answer: D | Question 5 Answer: D |
