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EXIN EX0-004 Exam Syllabus Topics:

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

EXIN Management of Risk Foundation Sample Questions:

1. Which is a purpose for carrying out an'M_o_R health check'?

A) Examine future developments that may affect an organization's level of exposure to risk
B) Provide a snapshot of the current status of identified risks
C) Review how well risk management practices have been embedded
D) Identify the number of risks emerging in different risk categories


2. Which of the M_o_R framework core concepts is informed by corporate governance principles and the international standard for risk management ISO31000:2009?

A) M_o_R approach
B) M_o_R principles
C) Embedding and reviewing M_o_R
D) M_o_R process


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

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


4. Which is used to review how well an organization has embedded M_o_R?

A) Risk management health check
B) Monetary benefit measurement
C) Early warning indicators
D) Risk improvement plan


5. What does a 'risk management strategy' describe?

A) Processes required to improve risk management within an organization
B) Risk management policies that will be implemented throughout an organization
C) Specific risk management practices that will be performed within an activity
D) Series of steps needed to implement risk management


Solutions:

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

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