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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

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

A) Stage of the activity
B) Proximity of the risk
C) Post-response assessment
D) Pre-response assessment

2. Which is used to determine 'inherent' risk exposure?

A) Effect on objectives if a risk occurs before starting to tackle risks
B) Likelihood of a risk occurring after completed risk response actions
C) Impact of a secondary risk if it occurs
D) Proximity of a risk after implementation of risk response actions

3. Which is NOT a method for obtaining senior management commitment and support for understanding and managing risk?

A) Having risk delivery linked to performance objectives
B) Having a board-level sponsor defined and communicated to all staff
C) Communicating risk management successes
D) Undertaking qualitative and quantitative assessment of risks

4. 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) programme
B) strategic
C) operational
D) project

5. Which is a responsibility of the M_o_R assurance role?

A) Ensure the availability of staff to implement the risk management strategy
B) Develop plans to improve risk management
C) Validate assessment of individual risks
D) Advise the senior team that the correct risk management roles exist

Solutions: