EXIN EX0-004 : Management of Risk Foundation

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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

Which is a benefit of effective risk management?

A. Eliminates risk-taking within an organization
B. Organizations are better prepared to recover from unplanned incidents
C. Guarantees business benefits will be delivered
D. Successful completion of all change activities

Question 2

Which is NOT described in the M_o_R risk management process guide?

A. Procedures for escalation and delegation between the different perspectives
B. Templates, their purpose and locations
C. Roles and responsibilities for the process
D. Tools and techniques to support the risk management process steps

Question 3

Which is a responsibility of a 'risk actionee'?

A. Identify risks that might occur to activities in their department
B. Manage all aspects of an assigned risk
C. Develop strategies to improve the management of risk
D. Perform a risk response action to respond to a particular risk

Question 4

What is defined as the level of risk exposure that, once exceeded, will trigger an escalation?

A. Risk tolerance
B. Risk appetite
C. Risk capacity
D. Risk perception

Question 5

Which is a responsibility of the senior team role?

A. Approve assessments of risk probability, impact and proximity
B. Agree the timing of risk progress reports for an activity
C. Document the importance of risk management towards achieving organizational objectives
D. Specify the required budget to fund risks

Solutions: