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EXIN Management of Risk Foundation : EX0-004
- Exam Code: EX0-004
- Exam Name: Management of Risk Foundation
- Updated: Sep 09, 2026 Q&As: 140 Questions and Answers
- Q & A: 140 Questions and Answers
About EXIN Management of Risk Foundation : EX0-004 Exam
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20-30 hours' preparation for the Management of Risk Foundation exam
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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Identification | - Risk sources and categories - Risk description techniques |
| Topic 2: Risk Communication and Reporting | - Risk reporting structures - Stakeholder communication |
| Topic 3: MoR Principles and Approach | - MoR framework overview - Governance and embedding risk management |
| Topic 4: Introduction to Risk Management | - Basic risk concepts and terminology - Purpose and benefits of risk management |
| Topic 5: Risk Assessment | - Likelihood and impact evaluation - Risk prioritization methods |
| Topic 6: Risk Response and Control | - Risk response options (avoid, reduce, transfer, accept) - Control selection and implementation |
EXIN Management of Risk Foundation Sample Questions:
Question #1
Which is provided by the 'M_o_R principles'?
- A. Criteria used to measure the development of risk management
- B. Inputs, outputs, tasks and techniques needed to implement risk management
- C. Guidance for the design of a risk management approach
- D. Design for an organization's corporate governance policy
Correct Answer: C 🗳️
Question #2
Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?
- A. Maintaining the appropriate level of business services to customers
- B. Ensuring the on-going viability of the organization
- C. Enhancing an existing capability to improve organizational performance
- D. Delivering a defined business change product within budget
Correct Answer: D 🗳️
Question #3
Identify the missing words in the following sentence. Actions to [ ? ] are the source of secondary risks.
- A. transform process step inputs to outputs
- B. embed risk management
- C. improve how risk is managed
- D. tackle risks to an organizational activity
Correct Answer: D 🗳️
Question #4
Which is a common barrier to implementing the risk management process?
- A. Lack of an assigned risk owner
- B. Lack of policies, processes, strategies and plans
- C. Lack of a high-risk appetite at senior management level
- D. Lack of an appropriate response to a risk in an activity's risk register
Correct Answer: B 🗳️
Question #5
Which M_o_R principle advocates that an organization's risk appetite should be within the organization's risk capacity?
- A. Aligns with objectives
- B. Informs decision-making
- C. Provides clear guidance
- D. Fits the context
Correct Answer: A 🗳️
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