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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which describes the risk response option'share the risk'?

A) Partake in a pain/gain contract with another party for the specified risk
B) Obtain an insurance policy to cover the impact should the risk occur
C) Perform an action to minimise the impact of the risk should it occur
D) Carry out an action to make the uncertain situation certain

2. Which is a responsibility of the M_o_R senior manager role?

A) Specify risk tolerance levels
B) Develop risk improvement plans
C) Define the amount of risk that should be taken for the organization
D) Review progress to develop the risk management policy

3. Which is needed together with the risk management policy and risk management process guide to form an'M_o_R approach'?

A) Risk management strategy
B) Risk progress report
C) Risk register
D) Risk response plan

4. Which BEST describes an area of uncertainty at the programme perspective?

A) Implementing new business practices across organizational boundaries
B) Legislation that affects core business activities
C) Availability of skills to deliver services to new and existing customers
D) Schedule of business products to time and cost

5. Which perspective ensures risk management maintains a view of the adequacy of controls that support service delivery to satisfy the fits the context principle?

A) Programme
B) Strategic
C) Operational
D) Project

Solutions: