EXIN EX0-004 Q&A - in .pdf

  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Aug 26, 2026
  • Q & A: 140 Questions and Answers
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  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Q & A: 140 Questions and Answers
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EXIN EX0-004 Exam Syllabus Topics:

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

EXIN Management of Risk Foundation Sample Questions:

1. Which is a primary step within the 'M_o_R process'?

A) Embed
B) Manage
C) Control
D) Assess


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

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


3. What is a threat?

A) An uncertain event that could have a negative impact on objectives
B) An event that has occurred resulting in a favourable impact on objectives
C) An event that has occurred resulting in a negative impact on objectives
D) An uncertain event that could have a favourable impact on objectives


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

A) A risk may have an impact on objectives, an issue is impacting objectives now
B) A risk is impacting objectives now, an issue may have an impact on objectives
C) A risk has a negative impact on objectives, an issue has a positive impact on objectives
D) A risk can impact on all activities, an issue impacts on project deliverables only


5. Which defines an'MoR health check'?

A) A list of actions to improve the way risk management is performed
B) An approach to embed the M_o_R principles
C) A tool to identify how the application of M_o_R might be improved
D) A benchmarking of current capability


Solutions:

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

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