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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which is NOT a recommended risk response option for an 'opportunity'?

A) Share
B) Transfer
C) Enhance
D) Reduce

2. What provides an analysis of trends of risks in different risk categories?

A) Risk communications plan
B) Risk improvement plan
C) Risk management strategy
D) Risk progress report

3. Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?

A) Implementing business strategy to improve organizational performance
B) Maintaining the appropriate levels of service delivery to new and existing customers
C) Developing plans to improve the overall efficiency of the organization
D) Delivering defined business change products within budget and on time

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

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

5. Which is NOT an action needed to achieve the goal of the 'assess - evaluate' step?

A) Determine which risks are independent of other risks
B) Calculate the total risk exposure for the activity
C) Determine which other risks will occur if a risk occurs
D) Evaluate the effectiveness of risk management across the organization

Solutions: