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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| M_o_R Principles | 20% | - Align with objectives - Involve stakeholders - Facilitate continual improvement - Be open and responsive - Provide clear guidance - Fit the context |
| M_o_R Process | 40% | - Communicate and consult - Plan responses - Identify risks - Implement responses - Assess risks (estimate and evaluate) |
| M_o_R Approach | 25% | - Roles and responsibilities - Risk management policy - Risk improvement plan - Risk register - Risk management process guide |
| Embedding and Reviewing M_o_R | 15% | - Risk culture and maturity - Embedding risk management - Reviewing and improving |
EXIN Management of Risk Foundation Sample Questions:
1. Which can be used to measure the impact a risk management awareness programme has on an organization?
A) Gateway reviews
B) Risk questionnaires
C) Benchmarking
D) Brainstorming
2. Identify the missing words in the following sentence.
The [ ? ] technique is used to measure the net effect of the threats and opportunities facing an activity.
A) summary expected value assessment
B) impact assessment
C) summary risk profile
D) cost-benefit analysis
3. How is the risk register used in the'assess - estimate' step?
A) Update the residual risk exposure
B) Identify risk owners
C) Revise risk descriptions as necessary
D) Record identified risks
4. Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?
A) Enhancing an existing capability to improve organizational performance
B) Delivering a defined business change product within budget
C) Maintaining the appropriate level of business services to customers
D) Ensuring the on-going viability of the organization
5. Which is a use of the risk management policy in the 'identify - context' step for an activity?
A) Recording departures from the risk management process guide
B) Defining the records to be used
C) Identifying the activity-specific categories to be used for grouping risks
D) Providing guidance on setting risk tolerance thresholds
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: D |
