PRINCE2 PRINCE2 Certifications PRINCE2-FOUNDATION Questions & Answers

• Question 981:

  Which of the following steps looks at the aggregated net effect of all risks within the project?

  A. Plan

  B. Assess

  C. Implement

  D. Assess

  Correct Answer: D

• Question 982:

  What is the name given to an individual who is responsible for the management, monitoring and control of all aspects of a particular risk assigned to them?

  A. Risk Actionee

  B. Risk Coordinator

  C. Project Risk Manager

  D. Risk Owner

  Correct Answer: D

• Question 983:

  Which of the following risk responses can be used to seize an opportunity to ensure a risk 'will' happen and the impact 'will' be realized?

  A. Accept

  B. Exploit

  C. Enhance

  D. Fallback

  Correct Answer: B

• Question 984:

  Which of the following products is used after the Starting Up a Project process to capture and maintain information on all of the identified threats and opportunities relating to the project?

  A. Risk Management Strategy

  B. Risk Register

  C. Issue Register

  D. Quality Register

  Correct Answer: B

• Question 985:

  What is the purpose of the Risk Management Strategy?

  A. Describes in detail each risk identified in the project and how each risk should be managed

  B. Describes how each risk owner and risk actionee will manage and fund the actions to mitigate each risk

  C. Describes the risk response actions taken to mitigate the project's risks

  D. Describes the techniques and standards to be applied and responsibilities for achieving effective risk management procedures

  Correct Answer: D

• Question 986:

  Which of the following statements describes a risk effect?

  A. The area of uncertainty in terms of the threat or the opportunity

  B. The situation that gives rise to the risk

  C. The impact(s) that the risk would have on the project objectives should the risk materialize

  D. How soon in the future the risk is likely to occur

  Correct Answer: C

• Question 987:

  Which of the following statements describes a risk event?

  A. The area of uncertainty in terms of the threat or the opportunity

  B. The situation that gives rise to the risk

  C. The impact(s) that the risk would have on the project objectives should the risk materialize

  D. How soon in the future the risk is likely to occur

  Correct Answer: A

• Question 988:

  Which of the following statements describes a risk cause?

  A. The area of uncertainty in terms of the threat or the opportunity

  B. The situation that gives rise to the risk

  C. The impact(s) that the risk would have on the project objectives should the risk materialize

  D. How soon in the future the risk is likely to occur

  Correct Answer: B

• Question 989:

  Which of the following represents the threshold levels of risk exposure that, when exceeded, will trigger an Exception Report?

  A. Risk proximity

  B. Risk tolerance

  C. Risk allowance

  D. Risk profile

  Correct Answer: B

• Question 990:

  Which of the following is NOT a purpose of the Risk theme?

  A. Improve the ability of the project to succeed

  B. To support better decision making

  C. To verify products are fit for purpose

  D. To assess uncertainty

  Correct Answer: C