Exam Name: Management of Risk Foundation
Certification Provider: EXIN
Corresponding Certification: Exin Certification
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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: M_o_R Principles | 20% | - Fit the context - Provide clear guidance - Align with objectives - Be open and responsive - Involve stakeholders - Facilitate continual improvement |
| Topic 2: M_o_R Process | 40% | - Implement responses - Plan responses - Communicate and consult - Identify risks - Assess risks (estimate and evaluate) |
| Topic 3: Embedding and Reviewing M_o_R | 15% | - Embedding risk management - Risk culture and maturity - Reviewing and improving |
| Topic 4: M_o_R Approach | 25% | - Risk management process guide - Roles and responsibilities - Risk register - Risk management policy - Risk improvement plan |
EXIN Management of Risk Foundation Sample Questions:
Which BEST describes an area of uncertainty at the programme perspective?
- A. Changes to customer requirements for business products
- B. Interdependences between business change initiatives
- C. Operational activities that may affect the organizational reputation
- D. Ability of the infrastructure to meet the required level of service
Correct Answer: B 🗳️
Which describes 'residual' risk exposure?
- A. Effect on objectives if a risk occurs after implementing risk response actions
- B. Probability of a secondary risk occurring
- C. Proximity of a risk before risk response actions are completed
- D. Chance of a risk occurring before risk response actions commence
Correct Answer: A 🗳️
Which defines an'MoR health check'?
- A. A tool to identify how the application of M_o_R might be improved
- B. An approach to embed the M_o_R principles
- C. A benchmarking of current capability
- D. A list of actions to improve the way risk management is performed
Correct Answer: A 🗳️
Identify the missing words in the following sentence. The primary outcome of the [ ? ] principle is that the identification of risks is thorough.
- A. creates a supportive culture
- B. engages stakeholders
- C. facilitates continual improvement
- D. provides clear guidance
Correct Answer: B 🗳️
Which BEST describes an area of uncertainty at the programme perspective?
- A. Disruptions to operations during business change implementation
- B. Introduction of new laws that affect core business activities
- C. Changes to the scope of defined business products
- D. Availability of resources for the day-to-day delivery of services to customers
Correct Answer: A 🗳️
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