Updated: Sep 09, 2026
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| Certification Vendor: | EXIN |
|---|---|
| Exam Name: | Management of Risk Foundation (M_o_R Foundation) |
| Exam Number: | EX0-004 |
| Related Certifications: | Management of Risk (M_o_R) Foundation PRINCE2 Foundation (related governance framework) AXELOS Best Practice portfolio certifications |
| Exam Format: | Multiple choice |
| Available Languages: | English |
| Passing Score: | 50% |
| Real Exam Qty: | 75 |
| Exam Duration: | 60 minutes |
| Exam Price: | USD 250-350 (varies by region and exam provider) |
| Certificate Validity Period: | Lifetime (no expiry after passing) |
| 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/ |
| Section | Objectives |
|---|---|
| Risk Identification and Assessment | - Risk categorization and prioritization - Qualitative and quantitative risk assessment - Risk identification techniques |
| M_o_R Framework | - Overview of M_o_R principles and approach - Roles and responsibilities in risk governance - Embedding risk management in organizational processes |
| Risk Monitoring and Control | - Continuous improvement in risk management - Risk monitoring techniques - Reporting and escalation processes |
| Risk Response Planning | - Risk response options (avoid, reduce, transfer, accept) - Contingency planning - Designing and implementing risk responses |
| Risk Management Principles | - Definition of risk and risk management concepts - Objectives and benefits of risk management - Risk appetite and risk tolerance |
Question 1
Which describes 'residual' risk exposure?
A. Probability of a secondary risk occurring
B. Effect on objectives if a risk occurs after implementing risk response actions
C. Chance of a risk occurring before risk response actions commence
D. Proximity of a risk before risk response actions are completed
Question 2
Which is recorded in the risk response plan during the 'plan' step?
A. Number of risks in different categories
B. Unmanaged risks
C. Actions to improve risk management
D. Actions developed to mitigate threats
Question 3
Which is a responsibility of the M_o_R manager role?
A. Prepares risk workshop materials
B. Define risk tolerance thresholds
C. Defines how much risk should be taken
D. Ensures a risk review process is in operation
Question 4
Which is a goal of the 'assess - evaluate' step?
A. Assess and evaluate the effectiveness of procedures for managing risks
B. Evaluate the impact, probability and how soon risks might occur
C. Calculate the net effect of risks facing the activity
D. Evaluate the net cost of planned risk responses
Question 5
Identify the missingword(s) in the following sentence. The risk [ ? ] used during the 'implement' step compares the performance of response actions with their planned outcomes.
A. progress report
B. management strategy
C. register
D. response plan
Solutions:
| Question 1 Answer: B | Question 2 Answer: D | Question 3 Answer: D | Question 4 Answer: C | Question 5 Answer: A |
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