EXIN Management of Risk Foundation : EX0-004

  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Aug 08, 2026     Q & A: 140 Questions and Answers

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EXIN EX0-004 Exam Syllabus Topics:

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

EXIN Management of Risk Foundation Sample Questions:

1. Which perspective would the 'fits the context' principle be applied to in order to identify laws that impact core business activities?

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


2. Which is provided by the 'M_o_R principles'?

A) Criteria used to measure the development of risk management
B) Design for an organization's corporate governance policy
C) Inputs, outputs, tasks and techniques needed to implement risk management
D) Guidance for the design of a risk management approach


3. Which is a benefit of effective risk management?

A) Successful completion of all change activities
B) Improves the chances of organizational changes being successful
C) Eliminates risk-taking within an organization
D) Guarantees business benefits will be delivered


4. What are the M_o_R principles informed by?

A) Public Company Accounting and Reform and Investor Protection Act
B) Basel Accord (Basel II)
C) International standard for risk management ISO31000:2009
D) Statements of internal control


5. Which BEST describes an area of uncertainty at the programme perspective?

A) Ability of the infrastructure to meet the required level of service
B) Interdependences between business change initiatives
C) Changes to customer requirements for business products
D) Operational activities that may affect the organizational reputation


Solutions:

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

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