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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

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. Agree the timing of risk progress reports for an activity
D. Document the importance of risk management towards achieving organizational objectives

Question 2

Which is recorded in the'risk register'?

A. Risk management practices within an organization
B. Events that have already occurred
C. Organizational risk appetite and capacity
D. Threats and opportunities

Question 3

Which is a method for obtaining senior management commitment and support for understanding and managing risk?

A. Ensuring the risk management function has a direct reporting line to a senior executive
B. Making formal assessments of management of risk implementation in areas of concern
C. Escalating risks from the programme, project or operational perspectives to higher levels as required
D. Developing management of risk guidance handbooks and training materials

Question 4

Which describes the 'reduce a threat' risk response option?

A. Perform an action to minimise the impact and/or probability of the risk
B. Remove the cause of the threat
C. Obtain an insurance policy to cover the impact should the risk occur
D. Partake in a pain/gain contract with another party for the specified risk

Question 5

Which describes the cause of a risk?

A. Potential trigger point for a risk
B. Risk remaining after implementing a risk response
C. Likelihood of the risk occurring
D. Impact of the risk on an activity

Solutions: