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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

What step is used to determine the time period when a risk might occur?

A. Identify-context
B. Assess - estimate
C. Identify - risks
D. Assess - evaluate

Question 2

Which is identified by use of the 'SWOT analysis' technique?

A. Net effect of risks on the objectives of an activity
B. Stakeholders involved in an activity
C. Factors that may impact the objectives of an activity
D. Roles and responsibilities of those involved in an activity

Question 3

Which task will be carried out while performing the 'identify - risks' step?

A. Ranking the importance of the stakeholders involved in the activity
B. Calculating when an identified risk is likely to occur
C. Developing an appropriate response to the identified risks
D. Ensuring that all participants agree on the identified risks

Question 4

Which statement describes the'avoid a threat' risk response option?

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

Question 5

Which is a responsibility of the M_o_R senior manager role?

A. Specify risk tolerance levels
B. Develop risk improvement plans
C. Define the amount of risk that should be taken for the organization
D. Review progress to develop the risk management policy

Solutions: