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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. 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

2. 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

3. 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

4. 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

5. 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

Solutions: