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Exam PRINCE2-Foundation All Questions

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Exam PRINCE2-Foundation topic 1 question 522 discussion

Actual exam question from PRINCE2's PRINCE2-Foundation
Question #: 522
Topic #: 1
[All PRINCE2-Foundation Questions]

The project manager needs to record the impact assessment for a specific business opportunity.

In which management product should the project manager record this?

  • A. Issue report
  • B. Issue register
  • C. Risk register
  • D. Quality register
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Suggested Answer: C 🗳️

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Examcollectorthanos
6 days, 17 hours ago
After more study, I go with C. The correct answer is C. Risk register. Here's why: Risk Register: The risk register is a central document in PRINCE2 for managing and tracking risks throughout the project. It includes information about each identified risk, including its description, potential impact, probability, and planned responses. Opportunities: In PRINCE2, opportunities are considered positive risks. They are uncertain events that, if they occur, could have a beneficial impact on the project. Recording Impact Assessment: When assessing a business opportunity (a positive risk), the project manager needs to evaluate its potential impact on the project's objectives. This impact assessment should be recorded in the risk register along with other details about the opportunity.
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I say its A; Here’s why the other options are incorrect: B. Issue register: Incorrect. The Issue Register is used to log all identified issues at a summary level. It tracks the status of issues but does not include detailed impact assessments or evaluations for specific issues. C. Risk register: Incorrect. Opportunities can be recorded in the Risk Register if identified during risk management, but once an opportunity materializes or needs assessment, it is handled as an issue and documented in an Issue Report. D. Quality register: Incorrect. The Quality Register is used to track planned and completed quality activities. It is unrelated to assessing business opportunities or issues.
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3578791
2 weeks, 1 day ago
B. Issue register is the management product used to record any issues that arise during the project, including business opportunities or threats that require attention. An impact assessment for a specific business opportunity would typically be recorded in the Issue register because it’s something that needs to be tracked and managed. Issues can include things like risks, concerns, changes in scope, or business opportunities, all of which need to be assessed, tracked, and addressed.
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