PRINCE2 Practitioner Exam - Topic 4 Question 50 Discussion

Actual exam question for PRINCE2's PRINCE2 Practitioner exam

Question #: 50
Topic #: 4

It is now late October and the project is in stage 3. The label design competition has been held and the photos of the staff have been taken. The CEO and Marketing Director still need to choose the winning label design and the 12 photos for the calendar. However, the Executive has learned that two competitors are issuing calendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of the options the Project Manager has presented to the Project Board is to close the project prematurely.

There are a number of key facts relating to this project that would need to be recorded if the project Y-e to be closed now.

Which product should register that the risk of a competitor producing a calendar at the same time was identified at the beginning of the project but the assessment of this risk appears to have been poor?

AIssue Register

BFollow-on action recommendations

CLessons Report

DRisk Register

Show Suggested Answer

Suggested Answer: B

by Cecilia at Sep 03, 2023, 08:31 PM

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Jolene

5 months ago

I’m not sure, but it feels like this should be in the Follow-on action recommendations.

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Terrilyn

5 months ago

I think it’s a no-brainer to put it in the Lessons Report for future reference.

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Rebbecca

6 months ago

Wait, they didn’t assess the risk properly? That’s surprising!

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Margarett

6 months ago

I disagree, it should go in the Issue Register since it’s an ongoing problem now.

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Demetra

6 months ago

Definitely the Risk Register. That’s where risks should be tracked.

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Elena

6 months ago

From what I studied, the Risk Register is definitely the right choice here. It captures risks identified during the project, especially since this one was known from the start.

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Frederick

6 months ago

I'm a bit confused about whether it should be the Issue Register or the Risk Register. I feel like both could apply since the risk assessment was poor.

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Malcom

7 months ago

I remember a practice question where we had to decide between the Issue Register and the Risk Register. I think this one leans more towards the Risk Register because it was a known risk.

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Effie

7 months ago

I think the risk of the competitor's calendar should go in the Risk Register since it was identified early on, but I'm not entirely sure if it should also be noted elsewhere.

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Stefany

7 months ago

This is a tricky one, but I'm pretty confident the answer is D. The Risk Register seems like the logical place to record the risk that was identified but poorly assessed.

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Cristen

7 months ago

Okay, I think I've got it. The risk of the competitor's calendar was identified at the beginning, but the assessment of that risk was poor. So the Risk Register would be the appropriate place to record that.

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Florinda

7 months ago

Hmm, the question is asking about which product should record the risk of the competitor's calendar, but it's not entirely clear to me. I'll need to think this through step-by-step.

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Carolynn

7 months ago

This seems like a tricky one. I'll need to carefully read through the details to understand the key facts and identify the appropriate product to register the risk.

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Albina

7 months ago

I'm leaning towards D. Being able to directly disable detections for a host in the management interface seems like the most intuitive approach.

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Gerri

7 months ago

Hmm, I'm not sure. The question mentions a "large dataset of historical data labeled as fraudulent", so maybe K-means could work for clustering the fraudulent transactions? I'll have to think about this one.

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Brigette

7 months ago

This is a good one. I'm pretty confident I know the PRINCE2 principles well, so I'll carefully consider each option and try to identify the one that doesn't match up with continued business justification.

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Quinn

7 months ago

Hmm, I'm a bit unsure about this one. The options seem similar, and I'll need to really focus on the specific wording to determine the correct answer.

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Levi

7 months ago

Ah, I remember learning about this in class. Fatal questions are a specific type of critical question, and if you score 'No' on them, the entire evaluation is a zero. I'm pretty confident B is the right answer here.

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Felice

11 months ago

A competitor calendar? Sounds like the perfect opportunity for a crossover promotion - 'Buy our calendar, get the competitor's one half off!' Brilliant strategy, if I do say so myself.

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Diane

11 months ago

The Risk Register, for sure. Though I'm sure the project manager is kicking themselves right about now, wishing they had a time machine to go back and fix this mess. Maybe they can use it to go back and buy some winning lottery tickets too.

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Celestina

11 months ago

Hmm, the Lessons Report seems like a good option too. This experience could provide valuable insights to help future projects avoid similar pitfalls. Although, I guess the Risk Register is the more direct way to document this particular issue.

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Shawn

10 months ago

It's important to learn from our mistakes and ensure they are properly recorded for future reference.

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Colette

10 months ago

Yes, you're right. The Risk Register is the direct way to address this issue.

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Janna

10 months ago

But wouldn't it be more appropriate to document this specific risk in the Risk Register?

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Louvenia

10 months ago

I agree, the Lessons Report could definitely provide valuable insights for future projects.

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Chantell

10 months ago

D) Risk Register

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Jade

10 months ago

C) Lessons Report

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Nenita

10 months ago

Yes, documenting this issue in the Risk Register would be a direct way to address it.

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Margo

10 months ago

D) Risk Register

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Miles

10 months ago

I agree, the Lessons Report could definitely provide valuable insights for future projects.

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Eleni

10 months ago

B) Follow-on action recommendations

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Lavonda

10 months ago

D) Risk Register

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Paris

10 months ago

C) Lessons Report

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Tonette

10 months ago

B) Follow-on action recommendations

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Emelda

10 months ago

A) Issue Register

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Jacquline

11 months ago

A) Issue Register

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Rossana

12 months ago

I agree, the Risk Register is the correct answer. This is a classic example of a risk that should have been identified and mitigated early on in the project. The project team really dropped the ball on this one.

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Giovanna

10 months ago

D) Risk Register

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Derick

10 months ago

C) Lessons Report

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Trinidad

11 months ago

B) Follow-on action recommendations

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Sheron

11 months ago

A) Issue Register

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Tula

12 months ago

The Risk Register is the obvious choice here. The project should have identified and assessed the risk of a competitor releasing a calendar, and that information should be documented in the Risk Register for future reference.

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Dick

1 year ago

Closing the project prematurely might be the best option if the risk was not properly assessed and recorded in the Risk Register.

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Erin

1 year ago

I agree with Jacob, the poor assessment of this risk should have been documented in the Risk Register.

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Jacob

1 year ago

I think the risk of a competitor producing a calendar should have been recorded in the Risk Register.

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