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PRINCE2 Exam PRINCE2-7-Foundation Topic 3 Question 2 Discussion

Actual exam question for PRINCE2's PRINCE2-7-Foundation exam

Question #: 2
Topic #: 3

[All PRINCE2-7-Foundation Questions]

What is the BEST reason to perform the risk practice?

ATo ensure risks are assigned to people who will own and action them satisfactorily

BTo establish a supportive risk culture to enable decision-making

CTo ensure stop-go decisions at stage boundaries are risk-informed

DTo identiDfy and manage risks to project objectives

Show Suggested Answer

Suggested Answer: D

The primary reason to perform the risk practice within a PRINCE2 project is to identify and manage risks that could affect the project's objectives. Effective risk management ensures that potential threats and opportunities are adequately assessed and handled to minimize negative impacts and leverage positives, thereby safeguarding the project's success. Reference: PRINCE2 7 Foundation materials on risk management practices.

by Magdalene at Jun 22, 2024, 09:06 AM

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Brittani

1 years ago

Risk culture is key, but you can't establish that if you don't first identify and manage the risks. Option D is the way to go.

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Carlene

1 years ago

Haha, I'm just hoping I don't have to 'own and action' any risks. That sounds like a lot of work!

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Marsha

1 years ago

C) To ensure stop-go decisions at stage boundaries are risk-informed

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Donte

1 years ago

A) To ensure risks are assigned to people who will own and action them satisfactorily

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James

1 years ago

I think all the options are important, but ultimately managing risks to project objectives is key.

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Kenda

1 years ago

I believe establishing a supportive risk culture is also important for decision-making.

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Lemuel

1 years ago

Option C seems like a good choice too. Ensuring that stop-go decisions are risk-informed is crucial for project success.

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Justa

1 years ago

I agree with Titus. Identifying and managing risks is the primary reason to perform the risk practice. The other options are important but secondary.

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Alesia

1 years ago

D) To identify and manage risks to project objectives

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Rebbecca

1 years ago

C) To ensure stop-go decisions at stage boundaries are risk-informed

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Mari

1 years ago

B) To establish a supportive risk culture to enable decision-making

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Brandon

1 years ago

A) To ensure risks are assigned to people who will own and action them satisfactorily

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Stephanie

1 years ago

I agree with Theron. It's crucial to ensure project objectives are met.

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Titus

1 years ago

Option D is definitely the best choice. Managing risks to project objectives is the core purpose of the risk practice.

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Breana

1 years ago

D) To identify and manage risks to project objectives

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Kristin

1 years ago

A) To ensure risks are assigned to people who will own and action them satisfactorily

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Theron

1 years ago

I think the best reason is to identify and manage risks to project objectives.

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