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Exam PRINCE2-Practitioner Edition 6 All Questions

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Exam PRINCE2-Practitioner topic 12 question 2 discussion

Actual exam question from PRINCE2's PRINCE2-Practitioner Edition 6
Question #: 2
Topic #: 12
[All PRINCE2-Practitioner Edition 6 Questions]

The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under the Risk management procedure heading?

  • A. When a new problem arises, a full impact analysis will be undertaken to assess the impact on the project' objectives and Business Case.
  • B. Probability will be assessed against the scales defined in this Risk Management Strategy.
  • C. Any risk which has an expected value of more than ֲ£1 k will NOT be registered.
  • D. Every threat and opportunity identified must be clearly defined in terms of cause, event and effect.
  • E. 'Reduce' Response actions which result in a lower impact and/or probability rating.
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Suggested Answer: BD 🗳️

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ManikRoy
1 year, 1 month ago
Selected Answer: BD
Agreed with option B & D as these are factually correct and related to risk management procedure. A --> Full impact analysis is not worth for all problems or issues. C --> Incorrect as every issue needs to be considered. E --> Risk response should be decided after risk assessment.
upvoted 1 times
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ameyaengg
2 years, 2 months ago
Correct Answer : B & D
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pollon
3 years, 3 months ago
Edit: Appendix A.24 not A.23
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pollon
3 years, 3 months ago
Now I realize that C isn't correct as there's the word "heading" in the question which refers to "Introduction" in the composition of risk register under Risk Management Approach in Appendix A.23
upvoted 1 times
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pollon
3 years, 3 months ago
Isn't C correct? It states a risk tolerance which is one of the items listed in the composition of the risk register under Risk Management Approach in Appendix A.23
upvoted 1 times
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