EXIN EX0-004 : Management of Risk Foundation

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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

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

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

2. What step is used to determine those risks which have the greatest effect on the objectives of a planned activity?

A) Assess
B) Implement
C) Identify
D) Plan

3. Which BEST describes an area of uncertainty at the strategic perspective?

A) Changes to scope, quality, cost and schedule of business products
B) Ability of the infrastructure to meet the required level of service
C) Stakeholder opinions of operational activities that may affect the organizational reputation
D) Impact of business changes on current organizational performance

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

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

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

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

Solutions: