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EX0-004 pdf
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Jul 16, 2026
  • Q & A: 140 Questions and Answers
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  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Jul 16, 2026
  • Q & A: 140 Questions and Answers
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  • Exam Code: EX0-004
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EXIN EX0-004 Exam Syllabus Topics:

SectionObjectives
Topic 1: Risk Assessment- Likelihood and impact evaluation
- Risk prioritization methods
Topic 2: Risk Response and Control- Risk response options (avoid, reduce, transfer, accept)
- Control selection and implementation
Topic 3: Risk Communication and Reporting- Risk reporting structures
- Stakeholder communication
Topic 4: MoR Principles and Approach- Governance and embedding risk management
- MoR framework overview
Topic 5: Introduction to Risk Management- Basic risk concepts and terminology
- Purpose and benefits of risk management
Topic 6: Risk Identification- Risk sources and categories
- Risk description techniques

EXIN Management of Risk Foundation Sample Questions:

1. Which is recorded in the'risk register'?

A) Threats and opportunities
B) Risk management practices within an organization
C) Organizational risk appetite and capacity
D) Events that have already occurred


2. Which is identified by the use of the 'PESTLE' analysis technique?

A) Factors that may impact the activity
B) Net effect of risks identified during an activity
C) Stakeholders involved in an activity
D) Roles and responsibilities of those involved in an activity


3. What step is used to determine the likelihood of a risk occurring?

A) Identify-context
B) Assess - evaluate
C) Assess - estimate
D) Identify - risks


4. Identify the missing words in the following sentence. The lack of [ ? ] is a common barrier to implementing the risk management process.

A) an assigned risk owner
B) clear guidance for managers and staff
C) appropriate responses to risks
D) a high-risk appetite


5. Which is a benefit of effective risk management?

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


Solutions:

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

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