Exam Name: Management of Risk Foundation
Certification Provider: EXIN
Corresponding Certification: Exin Certification
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Instant Download EXIN : EX0-004
Check Updated on: Sep 10, 2026
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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Response and Control | - Control selection and implementation - Risk response options (avoid, reduce, transfer, accept) |
| Topic 2: Risk Identification | - Risk description techniques - Risk sources and categories |
| Topic 3: MoR Principles and Approach | - MoR framework overview - Governance and embedding risk management |
| Topic 4: Risk Assessment | - Likelihood and impact evaluation - Risk prioritization methods |
| Topic 5: Risk Communication and Reporting | - Stakeholder communication - Risk reporting structures |
| Topic 6: Introduction to Risk Management | - Basic risk concepts and terminology - Purpose and benefits of risk management |
EXIN Management of Risk Foundation Sample Questions:
Which is NOT a recommended risk response option for an 'opportunity'?
- A. Reduce
- B. Transfer
- C. Share
- D. Enhance
Correct Answer: A 🗳️
Which is a purpose of using a risk maturity model?
- A. Provide independent risk information at key decision points within a programme or project
- B. Show to which organizational activities risk management should be applied
- C. Identify where the application of risk management within an organization can be improved
- D. Understand the nature of risks facing an organization and the actions needed to respond
Correct Answer: C 🗳️
Which can be used to measure the impact a risk management awareness programme has on an organization?
- A. Brainstorming
- B. Risk questionnaires
- C. Gateway reviews
- D. Benchmarking
Correct Answer: D 🗳️
Which is used to determine 'inherent' risk exposure?
- A. Likelihood of a risk occurring after completed risk response actions
- B. Impact of a secondary risk if it occurs
- C. Effect on objectives if a risk occurs before starting to tackle risks
- D. Proximity of a risk after implementation of risk response actions
Correct Answer: C 🗳️
Which document defines how much risk should be taken for a particular activity?
- A. Risk management strategy
- B. Risk management process guide
- C. Risk management policy
- D. Risk progress report
Correct Answer: A 🗳️
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