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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which specialism has been developed to offer business as usual in the quickest possible time in the event of an emergency?

A) Incident and crisis management
B) Business continuity management
C) Health and safety management
D) Reputational risk management

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

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

3. Which is a goal of the 'assess - evaluate' step?

A) Obtain information about the external factors that may affect the planned activity
B) Calculate the total risk exposure to the activity
C) Gather information about threats to the organization that may reduce the likelihood of the activity succeeding
D) Understand the organization's approach to managing risk

4. Identify the missing words in the following sentence. The lack of [ ? ] is a common barrier to implementing the risk management process.

A) a high-risk appetite
B) an assigned risk owner
C) appropriate responses to risks
D) clear guidance for managers and staff

5. What is an issue?

A) An uncertain event that may occur in the future
B) An intangible artefact produced as a result of a planned activity
C) An outcome perceived as negative by one or more stakeholders
D) A relevant event that has happened requiring management action

Solutions: