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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

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

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

2. Identify the missing words in the following sentence. Because organizations [ ? ] they need to use the environmental risk management' specialism.

A) are concerned about stakeholder perceptions
B) face financial penalties for polluting waterways
C) fail to deliver minimum standards
D) see brand and reputation as key assets

3. Which is used to review how well an organization has embedded M_o_R?

A) Early warning indicators
B) Risk management health check
C) Monetary benefit measurement
D) Risk improvement plan

4. Which is a purpose of using a risk maturity model?

A) Identify where the application of risk management within an organization can be improved
B) Provide independent risk information at key decision points within a programme or project
C) Understand the nature of risks facing an organization and the actions needed to respond
D) Show to which organizational activities risk management should be applied

5. Which step has a goal of checking the success of risk responses?

A) Plan
B) Assess - evaluate
C) Implement
D) Assess-estimate

Solutions: