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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which is a common barrier to implementing the risk management process?

A) Lack of an appropriate response to a risk in an activity's risk register
B) Lack of a high-risk appetite at senior management level
C) Lack of an assigned risk owner
D) Lack of policies, processes, strategies and plans

2. What is defined as the level of risk exposure that, once exceeded, will trigger an escalation?

A) Risk tolerance
B) Risk appetite
C) Risk perception
D) Risk capacity

3. Which describes 'residual' risk exposure?

A) Effect on objectives if a risk occurs after implementing risk response actions
B) Probability of a secondary risk occurring
C) Chance of a risk occurring before risk response actions commence
D) Proximity of a risk before risk response actions are completed

4. Which is a benefit of effective risk management?

A) Successful completion of all change activities
B) Improves the chances of organizational changes being successful
C) Eliminates risk-taking within an organization
D) Guarantees business benefits will be delivered

5. Identify the missing word in the following sentence, The focus of risk management at the [ ? ] perspective is delivering a defined business product through a temporary organization. .

A) programme
B) operational
C) strategic
D) project

Solutions: