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EXIN EX0-004 Exam : Management of Risk Foundation

EX0-004 actual test
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Jul 22, 2026
  • Q & A: 140 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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EXIN EX0-004 Exam Syllabus Topics:

SectionObjectives
Topic 1: M_o_R Framework- Roles and responsibilities in risk governance
- Embedding risk management in organizational processes
- Overview of M_o_R principles and approach
Topic 2: Risk Identification and Assessment- Risk identification techniques
- Qualitative and quantitative risk assessment
- Risk categorization and prioritization
Topic 3: Risk Response Planning- Contingency planning
- Designing and implementing risk responses
- Risk response options (avoid, reduce, transfer, accept)
Topic 4: Risk Monitoring and Control- Continuous improvement in risk management
- Reporting and escalation processes
- Risk monitoring techniques
Topic 5: Risk Management Principles- Risk appetite and risk tolerance
- Objectives and benefits of risk management
- Definition of risk and risk management concepts

EXIN Management of Risk Foundation Sample Questions:

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

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


2. What objectives are associated with decisions on risks to the achievement of long-term goals?

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


3. What risk management specialism is focused on ensuring an organization keeps operating following an incident?

A) Safety and security
B) Financial risk management
C) Health and safety
D) Business continuity management


4. Which is a central 'M_o_R approach' document?

A) Risk register
B) Risk communications plan
C) Risk improvement plan
D) Risk management policy


5. Which is a responsibility of the M_o_R senior team role?

A) Ensure adequate resources are available to implement the risk management strategy
B) Maintain ownership of the risk management policy
C) Ensure an escalation process is in place
D) Develop plans to improve risk management


Solutions:

Question # 1
Answer: A
Question # 2
Answer: C
Question # 3
Answer: D
Question # 4
Answer: D
Question # 5
Answer: B

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