4.5.2 Describe the Key Relationships Between the ‘risk’ Practice and the Principles (9.7, Tab 9.4) PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 5)

Questions 21–23

1. 21foundation · easy

   Which principle is supported when the risk practice identifies risks to product quality?

   • ATailor to suit the project environment
   • BFocus on products
   • CManage by exception
   • DLearn from experience
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2. 22foundation · easy

   How does the risk practice operate within each management stage?

   • ARisks are managed only when a major issue occurs.
   • BRisks are managed incrementally as the project progresses through stages.
   • CRisks are managed only at the end of each stage.
   • DRisks are only managed at the start of the project.
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3. 23expert · hard

   A project is delivering a new e-commerce platform. The risk register includes a risk that the platform's checkout process may not meet the agreed performance standard, leading to customer abandonment. The project manager assigns the lead developer as the risk owner and ensures that the performance standard is defined in the product description. The project manager also updates the business case to reflect a potential reduction in sales if the risk materializes. Which principle is NOT directly supported by this arrangement?

   • AManage by stages
   • BDefined roles and responsibilities
   • CFocus on products
   • DContinued business justification
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