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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Assessment | - Risk prioritization methods - Likelihood and impact evaluation |
| Topic 2: Risk Response and Control | - Risk response options (avoid, reduce, transfer, accept) - Control selection and implementation |
| Topic 3: Risk Identification | - Risk sources and categories - Risk description techniques |
| Topic 4: Introduction to Risk Management | - Purpose and benefits of risk management - Basic risk concepts and terminology |
| Topic 5: MoR Principles and Approach | - Governance and embedding risk management - MoR framework overview |
| Topic 6: Risk Communication and Reporting | - Risk reporting structures - Stakeholder communication |
EXIN Management of Risk Foundation Sample Questions:
1. Which step has a goal of checking the success of risk responses?
A) Assess - evaluate
B) Assess-estimate
C) Implement
D) Plan
2. What step is used to determine those risks which have the greatest effect on the objectives of a planned activity?
A) Implement
B) Assess
C) Identify
D) Plan
3. Which is a benefit of effective risk management?
A) Improves the probability of achieving objectives
B) Increases the number of risks that may occur for an activity
C) Eliminates risk to an activity
D) Guarantees business benefits will be delivered
4. Identify the missing words in the following sentence. Because organizations [ ? ] they need to use the environmental risk management' specialism.
A) see brand and reputation as key assets
B) face financial penalties for polluting waterways
C) are concerned about stakeholder perceptions
D) fail to deliver minimum standards
5. Which is an M_o_R principle?
A) Achieves measurable value
B) Supports organizational performance
C) Embedding and reviewing
D) Changes the culture of risk management
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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