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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which is a method for obtaining senior management commitment and support for understanding and managing risk?

A) Ensuring the risk management function has a direct reporting line to a senior executive
B) Making formal assessments of management of risk implementation in areas of concern
C) Escalating risks from the programme, project or operational perspectives to higher levels as required
D) Developing management of risk guidance handbooks and training materials

2. Which describes 'residual' risk exposure?

A) Proximity of a risk before risk response actions are completed
B) Probability of a secondary risk occurring
C) Effect on objectives if a risk occurs after implementing risk response actions
D) Chance of a risk occurring before risk response actions commence

3. Which defines the inherent probability of a risk?

A) Likelihood of an issue occurring before implementing a risk response
B) Calculation of the timeframe and urgency of a risk prior to a risk response
C) Chance of a risk occurring before implementing a risk response
D) Effect of the risk on the activity after implementing a risk response

4. What is represented graphically on a 'summary risk profile'?

A) Proximity of the identified risks
B) Information found in the risk register
C) Summary of the actions required to respond to the risks in the activity
D) Risk capacity for the activity

5. Which document describes how risk management activities will support the achievement of corporate objectives throughout an organization?

A) Risk management strategy
B) Risk management process guide
C) Risk management policy
D) Risk progress report

Solutions: