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EXIN Management of Risk Foundation : EX0-004 Exam

EX0-004 Exam Questions
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Jul 23, 2026
  • Q & A: 140 Questions and Answers
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EXIN EX0-004 Exam Syllabus Topics:

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

EXIN Management of Risk Foundation Sample Questions:

1. Which document defines how much risk should be taken for a particular activity?

A) Risk management process guide
B) Risk management policy
C) Risk progress report
D) Risk management strategy


2. Which perspective ensures risk management maintains a view of the adequacy of controls that support service delivery to satisfy the fits the context principle?

A) Operational
B) Programme
C) Project
D) Strategic


3. Which heading in a 'risk register is used to record the area of uncertainty?

A) Effect
B) Event
C) Probability
D) Cause


4. What principle is supported by early warning indicators?

A) Fits the context
B) Informs decision-making
C) Engages stakeholders
D) Aligns with objectives


5. Which can be used to measure the impact a risk management awareness programme has on an organization?

A) Brainstorming
B) Benchmarking
C) Gateway reviews
D) Risk questionnaires


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: B
Question # 5
Answer: B

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