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Free PRINCE2 Exam Braindumps (page: 15)

Page 14 of 121
PDF with 724 Questions

Which is a recommended response type to respond to either a threat or an opportunity?

  1. Fallback
  2. Reject
  3. Share
  4. Reduce

Answer(s): C



Which of the following describes risk proximity?

  1. The timeframe over which the risk mitigation actions should be implemented
  2. The schedule for the risk management activities related to a plan
  3. The timeframe over which a risk will be monitored by the risk owner
  4. The timeframe for when the risk might materialize

Answer(s): D



Which statement describes risk cause?

  1. The impact of a risk on the stage and project tolerance
  2. The situation or event that gave rise to a risk
  3. The area of uncertainty in terms of the threat or opportunity
  4. How likely a risk is to occur in a given project situation

Answer(s): B



What is the purpose of the risk budget?

  1. To fund risk management activities defined in the risk management procedure
  2. To fund the cost of analyzing requests for change while executing a Work Package
  3. Funds set aside from the project budget to cover the costs of implementing risk responses
  4. Funds set aside from the project budget to cover the costs of identifying risks to the project

Answer(s): C






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