EX0-004 exam dumps

EXIN EX0-004 Value Package

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  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • No. of Questions: 140 Questions and Answers
  • Updated: Aug 08, 2026

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EXIN EX0-004 Exam Syllabus Topics:

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

EXIN Management of Risk Foundation Sample Questions:

1. Which technique can be used to clarify potential sources of risks across an activity?

A) Summary risk profiles
B) Probabilistic risk models
C) Decision trees
D) Risk breakdown structure


2. Which is a use of the 'SWOT analysis' technique?

A) Estimating the market share of competitors
B) Examining regulatory and corporate governance requirements
C) Identifying future developments that are at the margins of current thinking
D) Informing of the status of the risks facing an activity


3. Identify the missing word in the following sentence. The impact of risks to organizational goals at the [ ? ] perspective may only become noticeable far into the future.

A) project
B) operational
C) programme
D) strategic


4. Which is a use of the risk management policy in the 'identify - context' step for an activity?

A) Identifying the activity-specific categories to be used for grouping risks
B) Providing guidance on setting risk tolerance thresholds
C) Recording departures from the risk management process guide
D) Defining the records to be used


5. Which is a goal of the 'assess - evaluate' step?

A) Gather information about threats to the organization that may reduce the likelihood of the activity succeeding
B) Understand the organization's approach to managing risk
C) Calculate the total risk exposure to the activity
D) Obtain information about the external factors that may affect the planned activity


Solutions:

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

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