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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

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

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

2. What may be recorded in the risk register during the 'identify - risks' step?

A) A risk description expressed as a cause, event and effect
B) An action required to mitigate an identified risk
C) The risk actionee for an identified risk response
D) The probability and impact of an identified risk

3. Which risk response option'takes the chance' that the risk will occur, with its full impact if it did?

A) Share the risk
B) Prepare contingent plans
C) Transfer the risk
D) Accept the risk

4. Which is used to review how well an organization has embedded M_o_R?

A) Risk management health check
B) Risk improvement plan
C) Monetary benefit measurement
D) Early warning indicators

5. What is the difference between a risk and an issue?

A) An issue impacts on quality, a risk impacts on benefits
B) A risk can impact on all activities, an issue impacts on project deliverables only
C) An Issue is a risk that has occurred, a risk is yet to occur
D) An issue has a short time-scale proximity and risk has medium- or long-term proximity

Solutions: