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EXIN Management of Risk Foundation - EX0-004 real prep

EX0-004
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Sep 11, 2026
  • Q & A: 140 Questions and Answers
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EXIN EX0-004 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: M_o_R Process40%- Plan responses
- Implement responses
- Assess risks (estimate and evaluate)
- Communicate and consult
- Identify risks
Topic 2: Embedding and Reviewing M_o_R15%- Reviewing and improving
- Risk culture and maturity
- Embedding risk management
Topic 3: M_o_R Approach25%- Risk management process guide
- Risk register
- Risk improvement plan
- Roles and responsibilities
- Risk management policy
Topic 4: M_o_R Principles20%- Align with objectives
- Provide clear guidance
- Involve stakeholders
- Facilitate continual improvement
- Be open and responsive
- Fit the context

EXIN Management of Risk Foundation Sample Questions:

Question #1

Which is a responsibility of the M_o_R senior manager role?

  • A. Review progress to develop the risk management policy
  • B. Develop risk improvement plans
  • C. Specify risk tolerance levels
  • D. Define the amount of risk that should be taken for the organization
Answer: C
Question #2

Which is a purpose of 'embedding and reviewing' M_o_R?

  • A. Ensuring the availability of appropriate techniques used in the risk management process steps
  • B. Reporting on the risk response plan'
  • C. Maximizing the return on investment in risk management
  • D. Assuring the appointment of risk owners
Answer: C
Question #3

Which action does NOT contribute to achieving the goal of the 'identify - risks' step?

  • A. Obtain information about the external and internal factors that may affect the planned activity
  • B. Describe risks faced by the organization that may prevent an activity from succeeding
  • C. Define an activity's key performance indicators
  • D. Understand a stakeholder's view of an activity's risk profile
Answer: A
Question #4

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

  • A. Availability of skills required to deliver services to customers
  • B. Damage to the organization's infrastructure
  • C. Minimizing disruptions to customer services during transformational change
  • D. Variation to the schedule of a defined business product
Answer: A
Question #5

Which BEST describes an area of uncertainty at the programme perspective?

  • A. Ability of the infrastructure to meet the required level of service
  • B. Interdependences between business change initiatives
  • C. Operational activities that may affect the organizational reputation
  • D. Changes to customer requirements for business products
Answer: B

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