EXIN EX0-004 Actual Tests : Management of Risk Foundation

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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which information does the 'PESTLE analysis' technique help to discover?

A) Identification of who should communicate with key stakeholders involved in an activity
B) Risks identified on previous similar activities
C) External factors that may have an impact on an activity
D) Future developments that are at the margins of current thinking and planning

2. Which role provides sponsorship to ensure that risk management is embraced within the organization?

A) Senior manager
B) Assurance
C) Manager
D) Risk specialist

3. What defines the threshold levels of risk exposure that when exceeded will trigger a response?

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

4. Which is a goal of the 'plan' process step?

A) Choose appropriate actions to deal with risks
B) Understand an activity's pre-response risk exposure
C) Set the risk tolerance of an activity
D) Agree the timing of the risk communications plan

5. 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 self-assessment check that the principles have been applied well
C) A tool for checking the health of current risk management
D) An assessment of an organization's risk management practice

Solutions: