Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25

- Free Preparation Discussions

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

Limited Time Offer

25%

Off

Get Premium PRINCE2-7-Foundation Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Brittani

9 months 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.

upvoted 0 times

...

Carlene

9 months ago

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

upvoted 0 times

Marsha

8 months ago

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

upvoted 0 times

...

Donte

8 months ago

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

upvoted 0 times

...

...

James

9 months ago

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

upvoted 0 times

...

Kenda

9 months ago

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

upvoted 0 times

...

Lemuel

9 months ago

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

upvoted 0 times

...

Justa

9 months 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.

upvoted 0 times

Alesia

8 months ago

D) To identify and manage risks to project objectives

upvoted 0 times

...

Rebbecca

8 months ago

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

upvoted 0 times

...

Mari

8 months ago

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

upvoted 0 times

...

Brandon

9 months ago

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

upvoted 0 times

...

...

Stephanie

9 months ago

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

upvoted 0 times

...

Titus

10 months ago

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

upvoted 0 times

Breana

9 months ago

D) To identify and manage risks to project objectives

upvoted 0 times

...

Kristin

9 months ago

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

upvoted 0 times

...

...

Theron

10 months ago

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

upvoted 0 times

...