EXIN EX0-004 exam : Management of Risk Foundation

EX0-004 Exam Simulator
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Sep 17, 2026
  • Q & A: 140 Questions and Answers

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EXIN EX0-004 Exam Syllabus Topics:

SectionObjectives
Introduction to Risk Management- Purpose and benefits of risk management
- Basic risk concepts and terminology
Risk Identification- Risk description techniques
- Risk sources and categories
Risk Communication and Reporting- Stakeholder communication
- Risk reporting structures
Risk Response and Control- Risk response options (avoid, reduce, transfer, accept)
- Control selection and implementation
Risk Assessment- Likelihood and impact evaluation
- Risk prioritization methods
MoR Principles and Approach- Governance and embedding risk management
- MoR framework overview

EXIN Management of Risk Foundation Sample Questions:

Question #1

Which is NOT a use of the 'SWOT analysis' technique?

  • A. Identify external factors that may have an effect on the organization's objectives
  • B. Provide an internal and external environmental analysis when used with other techniques
  • C. Create an understanding of a current market position
  • D. Identify long-term developments that could affect the organization's objectives
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

What provides an analysis of trends of risks in different risk categories?

  • A. Risk progress report
  • B. Risk management strategy
  • C. Risk communications plan
  • D. Risk improvement plan
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

Which is recorded in the'risk register'?

  • A. Events that have already occurred
  • B. Organizational risk appetite and capacity
  • C. Threats and opportunities
  • D. Risk management practices within an organization
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

Which is a responsibility of the M_o_R senior team role?

  • A. Ensure adequate resources are available to implement the risk management strategy
  • B. Ensure an escalation process is in place
  • C. Develop plans to improve risk management
  • D. Maintain ownership of the risk management policy
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

Which information is NOT found in the risk management process guide?

  • A. Where to find a blank risk register
  • B. Why standard forms should be used
  • C. How to use an issue register
  • D. Which templates are to be used on a project
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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