Free PRINCE2-Foundation Exam Braindumps (page: 16)

Page 15 of 182

Identify the missing word in the following sentence... A risk consists of a combination of the of a perceived threat or opportunity occurring and the magnitude of its impact on objectives.

  1. Outcome
  2. Probability
  3. Dis-benefit
  4. Proximity

Answer(s): B



What is the goal of the 'identify context' step as part of the risk management procedure?

  1. Identify responses to risks identified in the Business Case
  2. Gather information about the project environment and objectives
  3. Gather information about risks for inclusion in Highlight Reports to the Project Board
  4. Identify the threats and opportunities that may affect the project's objectives

Answer(s): B



Which statement best describes the responsibilities of a risk actionee?

  1. Identifying risks to the project that might occur in their department
  2. Owning and authorizing the use of the risk budget to fund risk responses
  3. Managing, monitoring and controlling of all aspects of an assigned risk
  4. Carrying out a risk response action to respond to a particular risk

Answer(s): C



Which is NOT a recommended response type to respond to a threat?

  1. Avoid
  2. Reject
  3. Share
  4. Transfer

Answer(s): B






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