I believe this answer should be B - Planned risk responses need to be actioned, their effectiveness monitored and corrective action taken where responses do not match expectations.
A. To prepare specific management responses to identified risks
The goal of the 'implement' step within the recommended risk management procedure is to prepare and execute specific management responses to address the identified risks. This step involves taking action to mitigate, avoid, transfer, or accept risks based on the risk management plan. It ensures that risks are actively managed to minimize their impact on the project.
The other options describe goals of different steps in the risk management procedure:
B. To monitor the effectiveness of actioned risk responses is part of the 'monitor and control' step.
C. To estimate the risk to the project in terms of probability and impact is part of the 'assess' step.
D. To communicate information related to the risks faced by the project is part of the 'communicate' step.
Answer = B.
A. To prepare specific management responses to identified risks: This is done in the 'plan' step.
C. To estimate the risk to the project in terms of probability and impact: This is done in the 'assess' step.
D. To communicate information related to the risks faced by the project: This is an ongoing activity throughout the risk management process, not just within the 'implement' step.
10.4.4
Planned risk responses need to be actioned, their effectiveness
monitored and corrective action taken where responses do not match
expectations.
Planned risk responses need to be actioned, their effectiveness monitored and corrective action taken where
responses do not match expectations. Prince2 manual, 10.4.4.
The correct answer is B
The correct answer is B.
https://prince2.wiki/theme/risk/
Step 4: Implement the Responses
Forecast. The main thing to decide in this step is:
Who is going to monitor these Risks? (Risk Owner).
Who is going to carry out the planned Risk Responses? (Risk Actionee).
(A) is correct answer "Implement: refers to the systematic application of procedures to the tasks of identifying and assessing risks, and then planning and implementing risk responses."
(B) is For risk management to work effectively, risks will need to be:(Identified, Assessed, Planned, Controlled) B is description of Controlled.
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