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Updated: Sep 05, 2026

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EXIN EX0-004 Exam Overview:

Certification Vendor:EXIN
Exam Name:Management of Risk Foundation (M_o_R Foundation)
Exam Number:EX0-004
Real Exam Qty:75
Exam Format:Multiple choice
Exam Duration:60 minutes
Certificate Validity Period:Lifetime (no expiry after passing)
Available Languages:English
Passing Score:50%
Related Certifications:PRINCE2 Foundation (related governance framework)
Management of Risk (M_o_R) Foundation
AXELOS Best Practice portfolio certifications
Exam Price:USD 250-350 (varies by region and exam provider)
Sample Questions:EXIN EX0-004 Sample Questions
Exam Way:Online proctored exam or authorized test center via EXIN accredited providers
Pre Condition:No formal prerequisites required; basic understanding of project or business management is recommended.
Official Syllabus URL:https://www.exin.com/certifications/exin-mor-foundation/

EXIN EX0-004 Exam Syllabus Topics:

SectionObjectives
Topic 1: Risk Identification and Assessment- Qualitative and quantitative risk assessment
- Risk categorization and prioritization
- Risk identification techniques
Topic 2: Risk Monitoring and Control- Reporting and escalation processes
- Risk monitoring techniques
- Continuous improvement in risk management
Topic 3: M_o_R Framework- Embedding risk management in organizational processes
- Overview of M_o_R principles and approach
- Roles and responsibilities in risk governance
Topic 4: Risk Management Principles- Risk appetite and risk tolerance
- Objectives and benefits of risk management
- Definition of risk and risk management concepts
Topic 5: Risk Response Planning- Risk response options (avoid, reduce, transfer, accept)
- Contingency planning
- Designing and implementing risk responses

EXIN Management of Risk Foundation Sample Questions:

Question 1

How is the risk register used in the'assess - estimate' step?

A. Revise risk descriptions as necessary
B. Record identified risks
C. Update the residual risk exposure
D. Identify risk owners


Question 2

What are the M_o_R principles informed by?

A. Statement of internal control
B. Corporate governance principles
C. M_o_R approach
D. Basel II


Question 3

Which task will be carried out while performing the 'identify - risks' step?

A. Ranking the importance of the stakeholders involved in the activity
B. Ensuring that all participants agree on the identified risks
C. Calculating when an identified risk is likely to occur
D. Developing an appropriate response to the identified risks


Question 4

What provides an analysis of trends of risks in different risk categories?

A. Risk progress report
B. Risk improvement plan
C. Risk management strategy
D. Risk communications plan


Question 5

Which is a responsibility of the team?

A. Ensure adequate resources are available to implement the risk management strategy
B. Identify and escalate risks
C. Develop the risk improvement plan
D. Run risk management workshops


Solutions:

Question 1
Answer: A
Question 2
Answer: B
Question 3
Answer: B
Question 4
Answer: A
Question 5
Answer: B

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