EXIN EX0-004 exam : Management of Risk Foundation

EX0-004 Exam Simulator
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Aug 02, 2026
  • Q & A: 140 Questions and Answers

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EXIN EX0-004 exam simulator

EXIN EX0-004 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Embedding and Reviewing M_o_R15%- Reviewing and improving
- Risk culture and maturity
- Embedding risk management
Topic 2: M_o_R Approach25%- Roles and responsibilities
- Risk improvement plan
- Risk register
- Risk management process guide
- Risk management policy
Topic 3: M_o_R Process40%- Assess risks (estimate and evaluate)
- Identify risks
- Implement responses
- Communicate and consult
- Plan responses
Topic 4: M_o_R Principles20%- Facilitate continual improvement
- Involve stakeholders
- Be open and responsive
- Provide clear guidance
- Align with objectives
- Fit the context

EXIN Management of Risk Foundation Sample Questions:

1. 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) strategic
B) operational
C) programme
D) project


2. What is the goal of the 'assess - estimate' step?

A) Assess the effectiveness of the risk management processes within an organization
B) Estimate and agree the budget required to manage risks to the activity
C) Identify the threats and opportunities facing the organizational activity
D) Determine the risks with the greatest effect on an activities objectives


3. What is an issue?

A) A relevant event that has happened requiring management action
B) An intangible artefact produced as a result of a planned activity
C) An uncertain event that may occur in the future
D) An outcome perceived as negative by one or more stakeholders


4. Identify the missing words in the following sentence. In order to safeguard value-creating activities, [ ? ] is used to build an effective response to threats.

A) business continuity management
B) corporate governance
C) project management
D) programme management


5. What risk management specialism is focused on ensuring an organization keeps operating following an incident?

A) Business continuity management
B) Safety and security
C) Health and safety
D) Financial risk management


Solutions:

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

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