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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: M_o_R Process | 40% | - Plan responses - Assess risks (estimate and evaluate) - Implement responses - Identify risks - Communicate and consult |
| Topic 2: Embedding and Reviewing M_o_R | 15% | - Embedding risk management - Risk culture and maturity - Reviewing and improving |
| Topic 3: M_o_R Principles | 20% | - Align with objectives - Involve stakeholders - Be open and responsive - Fit the context - Facilitate continual improvement - Provide clear guidance |
| Topic 4: M_o_R Approach | 25% | - Roles and responsibilities - Risk improvement plan - Risk register - Risk management process guide - Risk management policy |
EXIN Management of Risk Foundation Sample Questions:
What risk management specialism is focused on ensuring an organization keeps operating following an incident?
- A. Financial risk management
- B. Business continuity management
- C. Safety and security
- D. Health and safety
Correct Answer: B 🗳️
What is an opportunity?
- A. An uncertain event that could have a favourable impact on objectives or benefits
- B. An uncertain event that could have a negative impact on objectives or benefits
- C. An event that has occurred resulting in a negative impact on objectives or benefits
- D. An event that has occurred resulting in a favourable impact on objectives or benefits
Correct Answer: A 🗳️
What are the M_o_R principles informed by?
- A. Basel II
- B. Statement of internal control
- C. M_o_R approach
- D. Corporate governance principles
Correct Answer: D 🗳️
Identify the missing word in the following sentence. The impact of risks to organizational goals at the [ ? ] perspective may only become noticeable far into the future.
- A. project
- B. strategic
- C. programme
- D. operational
Correct Answer: B 🗳️
What is represented graphically on a 'summary risk profile'?
- A. Summary of the actions required to respond to the risks in the activity
- B. Information found in the risk register
- C. Risk capacity for the activity
- D. Proximity of the identified risks
Correct Answer: B 🗳️
