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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which heading in a 'risk register is used to record the area of uncertainty?

A) Event
B) Probability
C) Cause
D) Effect

2. Which is a purpose for carrying out an'M_o_R health check'?

A) Review how well risk management practices have been embedded
B) Provide a snapshot of the current status of identified risks
C) Examine future developments that may affect an organization's level of exposure to risk
D) Identify the number of risks emerging in different risk categories

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

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

4. Which information is NOT found in the risk management process guide?

A) Why standard forms should be used
B) Where to find a blank risk register
C) How to use an issue register
D) Which templates are to be used on a project

5. Which is a goal of the 'assess - evaluate' step?

A) Evaluate the impact, probability and how soon risks might occur
B) Assess and evaluate the effectiveness of procedures for managing risks
C) Evaluate the net cost of planned risk responses
D) Calculate the net effect of risks facing the activity

Solutions: