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Last Updated: Sep 26, 2026
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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Identification | - Risk description techniques - Risk sources and categories |
| Topic 2: Introduction to Risk Management | - Purpose and benefits of risk management - Basic risk concepts and terminology |
| Topic 3: MoR Principles and Approach | - Governance and embedding risk management - MoR framework overview |
| Topic 4: Risk Response and Control | - Control selection and implementation - Risk response options (avoid, reduce, transfer, accept) |
| Topic 5: Risk Communication and Reporting | - Stakeholder communication - Risk reporting structures |
| Topic 6: Risk Assessment | - Risk prioritization methods - Likelihood and impact evaluation |
EXIN Management of Risk Foundation Sample Questions:
What provides a comparison of completed risk response actions with planned outcomes?
- A. Risk management strategy
- B. Risk response plan
- C. Risk improvement plan
- D. Risk progress report
Correct Answer: D 🗳️
Which effect on the organization's objectives could the PESTLE analysis technique help to identify
- A. Risk exposure trends
- B. Current external factors
- C. Internal strengths
- D. Long-term developments
Correct Answer: B 🗳️
Which information from the risk register is used during the'assess - evaluate' step to calculate the total risk exposure of an activity?
- A. The timeframe in which the risks are likely to occur
- B. Estimated likelihood of the risks occurring
- C. Identified risks resulting from a risk response action
- D. Exposure of the risks after completion of risk responses
Correct Answer: B 🗳️
Which is NOT a method for obtaining senior management commitment and support for understanding and managing risk?
- A. Communicating risk management successes
- B. Having a board-level sponsor defined and communicated to all staff
- C. Undertaking qualitative and quantitative assessment of risks
- D. Having risk delivery linked to performance objectives
Correct Answer: C 🗳️
Which is a benefit of effective risk management?
- A. Removes the organization's need to take risks
- B. Staff members are better prepared to respond to incidents
- C. Guarantees business benefits will be delivered
- D. Activity plans are agreed before the activity commences
Correct Answer: B 🗳️
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