Which of the following is the correct sequence of steps in the PRINCE2 risk management procedure?

Identify, Assess, Plan, Implement, Communicate

Assess, Identify, Plan, Communicate, Implement

Identify, Plan, Assess, Communicate, Implement

Plan, Identify, Assess, Implement, Communicate

A project team is identifying risks for a new product launch. The project manager wants to use a structured approach that covers common risks in similar projects. Which technique should the project manager use?

Use a risk checklist based on the project type.

Ask the project board for a list of risks.

Review the lessons log from previous projects.

Conduct a brainstorming session with the team.

In PRINCE2, the risk technique is used to:

Replace the need for the risk register

Focus only on threats, ignoring opportunities

Manage risks in a structured and consistent way across the project

Guarantee that all risks will be avoided

What is the primary purpose of communicating risk information in PRINCE2?

To assign blame for risk occurrence

To ensure stakeholders are aware of risks and can make informed decisions

To replace the need for a risk register

To guarantee that risks will not occur

Home/Organizations/PeopleCert/Exam PRINCE2-FOUNDATION-VERSION-7/4.5.6 Describe the PRINCE2 technique for the ‘risk’ practice (9.3.1)/Practice Page 2

PRINCE2 Foundation (Version 7)

Domain 4Objective 31

4.5.6 Describe the PRINCE2 Technique for the ‘risk’ Practice (9.3.1) PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 2)

Part of the Understand the PRINCE2 practices and how they are applied throughout the project domain, which accounts for 60% of the PRINCE2-FOUNDATION-VERSION-7 exam. PeopleCert does not publish an official question count, but from its 60-minute exam (~25–40 total, ~15–24 in this domain), expect 1–1 from this objective — we provide 32 practice questions to prepare you well beyond it. (estimate)

32questions here

7free pages

8concepts

60%of the exam

Curriculum map

Understand key concepts relating to projects and PRINCE2
Understand how the PRINCE2 principles underpin the PRINCE2 method
Understand the importance of people in successful projects
Understand the PRINCE2 practices and how they are applied throughout the project
Understand the PRINCE2 processes and how they are carried out throughout the project

8 Concepts in This Objective

Risk technique definition
Risk management procedure steps
Risk identification techniques
Risk assessment and probability impact
Risk response planning
Risk implementation and communication
Risk register and risk budget
Risk management in PRINCE2 roles

All 7 pages of PRINCE2-FOUNDATION-VERSION-7 4.5.6 Describe the PRINCE2 technique for the ‘risk’ practice (9.3.1) practice

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7

Questions 6–10

6foundation · easy
Which of the following is the correct sequence of steps in the PRINCE2 risk management procedure?
Select an answer first
7application · medium
A project team is identifying risks for a new product launch. The project manager wants to use a structured approach that covers common risks in similar projects. Which technique should the project manager use?
Select an answer first
8foundation · easy
In PRINCE2, the risk technique is used to:
Select an answer first
9foundation · easy
What is the primary purpose of communicating risk information in PRINCE2?
Select an answer first
10foundation · easy
During which step of the PRINCE2 risk management procedure are risk responses actually put into action?
Select an answer first

Finished these 5 questions?

Review the revealed explanations, or continue through the curriculum.

Next 5 questions →Back to PRINCE2-FOUNDATION-VERSION-7

Keep studying — Understand the PRINCE2 practices and how they are applied throughout the project

Full PRINCE2-FOUNDATION-VERSION-7 curriculum →Every domain, objective & concept — with linked practice PRINCE2-FOUNDATION-VERSION-7 exam overview →PRINCE2 Foundation (Version 7)

Other objectives in Understand the PRINCE2 practices and how they are applied throughout the project

4.1 Explain the Purpose of PRINCE2 Management Products, Including4 pages of practice
4.1.1 Explain the Purpose of the ‘business Case’ Practice (5.1)5 pages of practice
4.1.2 Describe the Key Relationships Between the ‘business Case’ Practice and the Principles (5.7, Tab 5.2)6 pages of practice
4.1.3 Explain the Purpose of the Key Management Products Required to Support the ‘business Case’ Practice (5.5)3 pages of practice
4.1.4 Define Key Concepts Related to the ‘business Case’ Practice: (5.1)4 pages of practice
4.1.5 Describe the Guidance for Effective Management of the Business Case, Including: (5.2)4 pages of practice
4.1.6 Describe the PRINCE2 Technique for the ‘business Case’ Practice (5.3.1)6 pages of practice
4.2.1 Explain the Purpose of the ‘organizing’ Practice (6.1)5 pages of practice
4.2.2 Describe the Key Relationships Between the ‘organizing’ Practice and the Principles (6.7, Tab 6.5)7 pages of practice
4.2.3 Explain the Purpose of the Key Management Products Required to Support the ‘organization’ Practice: (6.5)4 pages of practice
4.2.4 Define Key Concepts Related to the ‘organizing’ Practice5 pages of practice
4.2.5 Describe the Guidance for Effective Organizing Of4 pages of practice
4.2.6 Describe the PRINCE2 Technique for the ‘organizing’ Practice (6.3.1)6 pages of practice
4.3.1 Explain the Purpose of the ‘plans’ Practice (7.1)4 pages of practice
4.3.2 Describe the Key Relationships Between the ‘plans’ Practice and the Principles (7.7, Tab 7.2)6 pages of practice
4.3.3 Explain the Purpose of the Key Management Products Required to Support the ‘plans’ Practice: (7.5)4 pages of practice
4.3.4 Define Key Concepts Related to the ‘plans’ Practice6 pages of practice
4.3.5 Describe the Guidance for Effective Management of Plans5 pages of practice
4.3.6 Describe the PRINCE2 Technique for the ‘plans’ Practice (7.3.1)7 pages of practice
4.4.1 Explain the Purpose of the ‘quality’ Practice (8.1)6 pages of practice
4.4.2 Describe the Key Relationships Between the ‘quality’ Practice and the Principles (8.7, Tab 8.3)6 pages of practice
4.4.3 Explain the Purpose of the Key Management Products Required to Support the ‘quality’ Practice: (8.5)5 pages of practice
4.4.4 Define Key Concepts Related to the ‘quality’ Practice5 pages of practice
4.4.5 Describe the Guidance for Effective Management of Quality4 pages of practice
4.4.6 Describe the PRINCE2 Technique for the ‘quality’ Practice (8.3.1)7 pages of practice
4.5.1 Explain the Purpose of the ‘risk’ Practice (9.1)6 pages of practice
4.5.2 Describe the Key Relationships Between the ‘risk’ Practice and the Principles (9.7, Tab 9.4)5 pages of practice
4.5.3 Explain the Purpose of the Key Management Products Required to Support the ‘risk’ Practice: (9.5)4 pages of practice
4.5.4 Define Key Concepts Related to the ‘risk’ Practice5 pages of practice
4.5.5 Describe the Guidance for Effective Management of Risk7 pages of practice
4.6.1 Explain the Purpose of the ‘issues’ Practice (10.1)4 pages of practice
4.6.2 Describe the Key Relationships Between the ‘issues’ Practice and the Principles (10.7, Tab 10.3)6 pages of practice
4.6.3 Explain the Purpose of the Key Management Products Required to Support the ‘issues’ Practice: (10.5)5 pages of practice
4.6.4 Define Key Concepts Related to the ‘issues’ Practice4 pages of practice
4.6.5 Describe the Guidance for Effective Management of Issues3 pages of practice
4.6.6 Describe the PRINCE2 Technique for the ‘issues’ Practice (10.3.1)6 pages of practice
4.7.1 Explain the Purpose of the ‘progress’ Practice (11.1)3 pages of practice
4.7.2 Describe the Key Relationships Between the ‘progress’ Practice and the Principles (11.7, Tab 11.4)6 pages of practice
4.7.3 Explain the Purpose of the Key Management Products Required to Support the ‘progress’ Practice: (11.5)4 pages of practice
4.7.4 Define Key Concepts Related to the ‘progress’ Practice4 pages of practice
4.7.5 Describe the Guidance for Effective Management of Progress5 pages of practice
4.7.6 Describe the PRINCE2 Technique for the ‘progress’ Practice (11.3.1)5 pages of practice

← Previous pagePage 2 of 7Next page →

Free Basic Practice is a study aid with revealable answers — not a scored exam. Examers.io is independent and not affiliated with or endorsed by PeopleCert. “PRINCE2-FOUNDATION-VERSION-7” is a trademark of its owner, used for identification only.