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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

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

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

2. Which is a responsibility of the M_o_R senior team role?

A) Ensure an escalation process is in place
B) Maintain ownership of the risk management policy
C) Ensure adequate resources are available to implement the risk management strategy
D) Develop plans to improve risk management

3. Which BEST describes an area of uncertainty at the operational perspective?

A) Variation to the schedule of a defined business product
B) Availability of skills required to deliver services to customers
C) Minimizing disruptions to customer services during transformational change
D) Damage to the organization's infrastructure

4. What M_o_R principle recommends the sharing of experiences across the organization to help senior management decision making?

A) Achieves measurable value
B) Provides clear guidance
C) Informs decision making
D) Facilitates continual improvement

5. What document provides a record of the risks identified for a particular activity?

A) Risk improvement plan
B) Risk management strategy
C) Risk register
D) Risk progress report

Solutions: