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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which specialism has been developed to offer business as usual in the quickest possible time in the event of an emergency?

A) Reputational risk management
B) Health and safety management
C) Incident and crisis management
D) Business continuity management

2. Which is used in the calculation of 'inherent' risk exposure?

A) Effect on objectives if a risk occurs after completed risk response actions
B) Probability of a risk before risk response actions are implemented
C) Proximity of a risk before risk response actions are implemented
D) Likelihood of a secondary risk occurring

3. Which is a responsibility of a 'risk actionee'?

A) Manage all aspects of an assigned risk
B) Identify risks that might occur to activities in their department
C) Perform a risk response action to respond to a particular risk
D) Develop strategies to improve the management of risk

4. What is the goal of the 'assess - estimate' step?

A) Estimate and agree the budget required to manage risks to the activity
B) Determine the risks with the greatest effect on an activities objectives
C) Identify the threats and opportunities facing the organizational activity
D) Assess the effectiveness of the risk management processes within an organization

5. Which is a benefit of effective risk management?

A) Eliminates risk-taking within an organization
B) Successful completion of all change activities
C) Guarantees business benefits will be delivered
D) Improves the chances of organizational changes being successful

Solutions: