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Last Updated: Sep 11, 2026
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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Monitoring and Control | - Reporting and escalation processes - Continuous improvement in risk management - Risk monitoring techniques |
| Topic 2: Risk Management Principles | - Definition of risk and risk management concepts - Risk appetite and risk tolerance - Objectives and benefits of risk management |
| Topic 3: Risk Identification and Assessment | - Risk identification techniques - Qualitative and quantitative risk assessment - Risk categorization and prioritization |
| Topic 4: M_o_R Framework | - Overview of M_o_R principles and approach - Embedding risk management in organizational processes - Roles and responsibilities in risk governance |
| Topic 5: Risk Response Planning | - Contingency planning - Risk response options (avoid, reduce, transfer, accept) - Designing and implementing risk responses |
EXIN Management of Risk Foundation Sample Questions:
Identify the missing words in the following sentence. The lack of [ ? ] is a common barrier to implementing the risk management process.
- A. a high-risk appetite
- B. an assigned risk owner
- C. appropriate responses to risks
- D. clear guidance for managers and staff
Correct Answer: D 🗳️
What is the initial probability recorded in the risk register based on?
- A. Pre-response assessment
- B. Stage of the activity
- C. Proximity of the risk
- D. Post-response assessment
Correct Answer: A 🗳️
Which role provides sponsorship to ensure that risk management is embraced within the organization?
- A. Manager
- B. Senior manager
- C. Risk specialist
- D. Assurance
Correct Answer: B 🗳️
Which is a responsibility of the M_o_R manager role?
- A. Prepares risk workshop materials
- B. Defines how much risk should be taken
- C. Ensures a risk review process is in operation
- D. Define risk tolerance thresholds
Correct Answer: C 🗳️
What is an issue?
- A. An uncertain event that may occur in the future
- B. An intangible artefact produced as a result of a planned activity
- C. A relevant event that has happened requiring management action
- D. An outcome perceived as negative by one or more stakeholders
Correct Answer: C 🗳️
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