EXIN EX0-004 Exam : Management of Risk Foundation

EXIN EX0-004 exam
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Sep 11, 2026
  • Q & A: 140 Questions and Answers
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EXIN EX0-004 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: M_o_R Process40%- Identify risks
- Communicate and consult
- Implement responses
- Assess risks (estimate and evaluate)
- Plan responses
Topic 2: M_o_R Principles20%- Be open and responsive
- Fit the context
- Facilitate continual improvement
- Involve stakeholders
- Align with objectives
- Provide clear guidance
Topic 3: Embedding and Reviewing M_o_R15%- Reviewing and improving
- Risk culture and maturity
- Embedding risk management
Topic 4: M_o_R Approach25%- Risk management policy
- Risk register
- Risk management process guide
- Roles and responsibilities
- Risk improvement plan

EXIN Management of Risk Foundation Sample Questions:

Question #1

Which document defines how much risk should be taken for a particular activity?

  • A. Risk management strategy
  • B. Risk management process guide
  • C. Risk progress report
  • D. Risk management policy
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

Identify the missing word in the following sentence. Applying the 'aligns with objectives'
principle at the [ ? ] perspective ensures risk management is responsive to changes to objectives that meet shareholder needs, reputation and demand for services.

  • A. operational
  • B. programme
  • C. project
  • D. strategic
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

Which is NOT described in the M_o_R risk management process guide?

  • A. Procedures for escalation and delegation between the different perspectives
  • B. Templates, their purpose and locations
  • C. Roles and responsibilities for the process
  • D. Tools and techniques to support the risk management process steps
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #4

Which is a purpose for an'M_o_R health check'?

  • A. Identify individuals or groups of individuals that have an interest in an organizations planned activity
  • B. Examine future developments that may affect an organization's level of exposure to risk
  • C. Review how well risk management practices have been embedded
  • D. Provide a snapshot of the current status of identified risks
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #5

What is the initial probability recorded in the risk register based on?

  • A. Stage of the activity
  • B. Proximity of the risk
  • C. Pre-response assessment
  • D. Post-response assessment
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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