Exam PRINCE2-Practitioner topic 11 question 54 discussion

refer 10.3.6 Page 125 In a commercial context there may be a need for more than one risk register as some project risks could be unique to only one party, with good reasons for them not to be visible to the other party.

During the initiation stage, the project manager aligns the project's risk management approach to ABC Company's risk management policy. As a result, the project will use two risk registers, one for ABC Company's risks and one for external supplier risks. Is this an appropriate application of the 'tailor to suit the project' principle, and why? A. Yes, because the risk management approach should comply with the supplier's needs. B. Yes, because project controls should take the project's environment into account. C. No, because all three stakeholder interests need to be represented effectively on the project. D. No, because a single risk register should be used to record risks to the project.

Please suggest anyother question bank for practice

Its B. and to answer mogasser, its good to have two risk registers per the below, "10.3.6 Commercial considerations. In a commercial context there may be a need for more than one risk register as some project risks could be unique to only one party, with good reasons for them not to be visible to the other party. Where a joint risk register is used, care should be taken to establish whose risk it really is, and the risk owner appointed accordingly. For example, on a fixed-price contract any cost overruns will impact the supplier’s business case, but timescale overruns will typically impact the customer’s business case."

Ref. 10.3.1 P.123 While I don't understand exactly why the organizational policy would imply having a different risk register for suppliers (confidentiality, maybe), it's clearly stated that we need to align with organizational and other policies/processes.

Correct Answer B