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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Risk Monitoring and Control | - Continuous improvement in risk management - Reporting and escalation processes - Risk monitoring techniques |
| Risk Management Principles | - Risk appetite and risk tolerance - Definition of risk and risk management concepts - Objectives and benefits of risk management |
| Risk Identification and Assessment | - Qualitative and quantitative risk assessment - Risk identification techniques - Risk categorization and prioritization |
| M_o_R Framework | - Roles and responsibilities in risk governance - Overview of M_o_R principles and approach - Embedding risk management in organizational processes |
| Risk Response Planning | - Contingency planning - Risk response options (avoid, reduce, transfer, accept) - Designing and implementing risk responses |
EXIN Management of Risk Foundation Sample Questions:
1. Identify the missing word in the following sentence. The primary steps in the 'MoR process' are 'implement', identify', [ ? ] and assess'.
A) perform
B) record
C) manage
D) plan
2. Which defines an'MoR health check'?
A) A benchmarking of current capability
B) A list of actions to improve the way risk management is performed
C) A tool to identify how the application of M_o_R might be improved
D) An approach to embed the M_o_R principles
3. Identify the missing words in the following sentence. In order to safeguard value-creating activities, [ ? ] is used to build an effective response to threats.
A) programme management
B) business continuity management
C) project management
D) corporate governance
4. Which is NOT described in the M_o_R risk management process guide?
A) Roles and responsibilities for the process
B) Tools and techniques to support the risk management process steps
C) Procedures for escalation and delegation between the different perspectives
D) Templates, their purpose and locations
5. Identify the missingword(s) in the following sentence. The risk [ ? ] used during the 'implement' step compares the performance of response actions with their planned outcomes.
A) progress report
B) response plan
C) register
D) management strategy
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A |
