Question 1

What is a goal of the 'implement' step within the recommended risk management procedure?

Options :

A : To prepare specific management responses to identified risks

B : To monitor the effectiveness of actioned risk responses

C : To estimate the risk to the project in terms of probability and impact

D : To communicate information related to the risks faced by the project

Answer: A

Question 2

Which PRINCE2 principle is being applied when tolerances are set for the three levels of plan?

Options :

A : Manage by stages

B : Manage by exception

C : Continued business justification

D : Learn from experience

Answer: B

Question 3

Which factor should influence the structuring of the project into management stages?

Options :

A : The amount of risk within the project

B : The availability of the project board

C : The number of recorded requests for change

D : The quality process of the organization

Answer: A

Question 4

What must be established to meet the minimum requirements for applying the 'risk' theme?

Options :

A : The roles and responsibilities for risk management

B : A budget to fund risk responses to known and unknown risks

C : The aspects of the project that are risk free

D : A risk register for each supplier

Answer: A

Question 5

Which is a purpose of the 'controlling a stage' process?

Options :

A : To review the success of the project at the end of a management stage

B : To agree work package acceptance and delivery requirements

C : To produce regular highlight reports for the project board

D : To re-plan the current stage and the project when requested

Answer: C