EXIN EX0-004 : Management of Risk Foundation

  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Jun 01, 2026
  • Q & A: 140 Questions and Answers

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EXIN Management of Risk Foundation Sample Questions:

1. Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?

A) Enhancing an existing capability to improve organizational performance
B) Maintaining the appropriate level of business services to customers
C) Ensuring the on-going viability of the organization
D) Delivering a defined business change product within budget


2. Which risk response option'takes the chance' that the risk will occur, with its full impact if it did?

A) Prepare contingent plans
B) Transfer the risk
C) Accept the risk
D) Share the risk


3. Which is a definition of a risk maturity model?

A) A framework of mature practices for appraising an organization's risk management competency
B) A tool for checking the health of current risk management
C) A self-assessment check that the principles have been applied well
D) An assessment of an organization's risk management practice


4. Which is a responsibility of the M_o_R senior manager role?

A) Review progress to develop the risk management policy
B) Define the amount of risk that should be taken for the organization
C) Develop risk improvement plans
D) Specify risk tolerance levels


5. Identify the missing words in the following sentence. The primary outcome of the [ ? ] principle is that the identification of risks is thorough.

A) creates a supportive culture
B) engages stakeholders
C) facilitates continual improvement
D) provides clear guidance


Solutions:

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

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