QUESTION: 69

Which of the following statements describes a risk effect?

The area of uncertainty in terms of the threat or the opportunity
The situation that gives rise to the risk
The impact(s) that the risk would have on the project objectives should the risk materialize
How soon in the future the risk is likely to occur

Answer(s): C

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QUESTION: 70

What is the purpose of the Risk Management Strategy?

Describes in detail each risk identified in the project and how each risk should be managed
Describes how each risk owner and risk actionee will manage and fund the actions to mitigate each risk
Describes the risk response actions taken to mitigate the project's risks
Describes the techniques and standards to be applied and responsibilities for achieving effective risk management procedures

Answer(s): D

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QUESTION: 71

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?

Risk Management Strategy
Risk Register
Issue Register
Quality Register

Answer(s): B

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QUESTION: 72

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?

Accept
Exploit
Enhance
Fallback

Answer(s): B

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Free PRINCE2 Exam Braindumps (page: 19)

QUESTION: 69

QUESTION: 70

QUESTION: 71

QUESTION: 72

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