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Exam PRINCE2-Foundation topic 1 question 117 discussion

Actual exam question from PRINCE2's PRINCE2-Foundation
Question #: 117
Topic #: 1
[All PRINCE2-Foundation Questions]

Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.

  • A. Avoid
  • B. Reduce
  • C. Share
  • D. Transfer
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Suggested Answer: C 🗳️

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hatachino1
Highly Voted 3 years, 6 months ago
Both C - Share and D - Transfer can be used to response to a threat or an opportunity.
upvoted 7 times
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Lucia_1805
Most Recent 2 weeks, 4 days ago
Selected Answer: C
the Share response can be used for both threats and opportunities. For threats, sharing involves allocating the risk to a third party, such as through insurance or outsourcing. For opportunities, sharing means collaborating with another party to maximize the potential benefits. Transfer is not applicable to opportunities because it doesn't involve sharing potential benefits with another party. The Share response, on the other hand, can be used for both threats and opportunities. For threats, it involves sharing the risk with a third party, while for opportunities, it involves collaborating to maximize the potential benefits.
upvoted 1 times
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3578791
5 months ago
Transfer the risk: (threat or opportunity) Transfer is an option that aims to pass part of the risk to a third party. Share the risk (threat or opportunity): sharing the risk is an option that is different in nature from the transfer response. It seeks multiple parties to share the risk on a pain/ gain share basis (typically within a supply chain).
upvoted 1 times
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