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Instant Download EXIN : EX0-004 Questions & Answers as PDF & Test Engine
- Exam Code: EX0-004
- Exam Name: Management of Risk Foundation
- Updated: Sep 10, 2026
- No. of Questions: 140 Questions and Answers
- Download Limit: Unlimited
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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Embedding and Reviewing M_o_R | 15% | - Reviewing and improving - Embedding risk management - Risk culture and maturity |
| M_o_R Approach | 25% | - Risk management policy - Risk register - Risk improvement plan - Risk management process guide - Roles and responsibilities |
| M_o_R Process | 40% | - Communicate and consult - Assess risks (estimate and evaluate) - Implement responses - Plan responses - Identify risks |
| M_o_R Principles | 20% | - Be open and responsive - Facilitate continual improvement - Align with objectives - Provide clear guidance - Involve stakeholders - Fit the context |
EXIN Management of Risk Foundation Sample Questions:
Which heading in a 'risk register is used to record the area of uncertainty?
- A. Cause
- B. Effect
- C. Event
- D. Probability
Correct Answer: C 🗳️
Which describes the 'reduce a threat' risk response option?
- A. Partake in a pain/gain contract with another party for the specified risk
- B. Perform an action to minimise the impact and/or probability of the risk
- C. Obtain an insurance policy to cover the impact should the risk occur
- D. Remove the cause of the threat
Correct Answer: B 🗳️
Which is a responsibility of the senior team role?
- A. Specify the required budget to fund risks
- B. Approve assessments of risk probability, impact and proximity
- C. Document the importance of risk management towards achieving organizational objectives
- D. Agree the timing of risk progress reports for an activity
Correct Answer: C 🗳️
What is the initial probability recorded in the risk register based on?
- A. Post-response assessment
- B. Proximity of the risk
- C. Pre-response assessment
- D. Stage of the activity
Correct Answer: C 🗳️
What objectives are associated with decisions on risks to the achievement of long-term goals?
- A. Operational
- B. Project
- C. Strategic
- D. Programme
Correct Answer: C 🗳️
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