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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

Identify the missing words in the following sentence. In order to safeguard value-creating activities, [ ? ] is used to build an effective response to threats.

A. project management
B. corporate governance
C. programme management
D. business continuity management

Question 2

Which is a responsibility of the senior team role?

A. Approve assessments of risk probability, impact and proximity
B. Document the importance of risk management towards achieving organizational objectives
C. Agree the timing of risk progress reports for an activity
D. Specify the required budget to fund risks

Question 3

Which describes the risk response option'share the risk'?

A. Carry out an action to make the uncertain situation certain
B. Obtain an insurance policy to cover the impact should the risk occur
C. Perform an action to minimise the impact of the risk should it occur
D. Partake in a pain/gain contract with another party for the specified risk

Question 4

Identify the missing words in the following sentence. The primary outcome of the [ ? ] principle is that the identification of risks is thorough.

A. facilitates continual improvement
B. creates a supportive culture
C. provides clear guidance
D. engages stakeholders

Question 5

Which is a use of the 'SWOT analysis' technique?

A. Informing of the status of the risks facing an activity
B. Estimating the market share of competitors
C. Examining regulatory and corporate governance requirements
D. Identifying future developments that are at the margins of current thinking

Solutions: