EXIN Management of Risk Foundation : EX0-004 exam

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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. 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) Developing plans to improve the overall efficiency of the organization
C) Maintaining the appropriate levels of service delivery to new and existing customers
D) Delivering defined business change products within budget and on time

2. Which of the M_o_R framework core concepts is informed by corporate governance principles and the international standard for risk management ISO31000:2009?

A) M_o_R process
B) M_o_R approach
C) M_o_R principles
D) Embedding and reviewing M_o_R

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

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

4. What principle is supported by early warning indicators?

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

5. What is risk exposure?

A) Amount of risk the organization, or subset of it, is willing to accept
B) Maximum amount of risk that an organization can bear
C) Combined effect of risks to a set of objectives
D) System by which organizations are directed and controlled

Solutions: