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NEW QUESTION 25

Which is a purpose of the 'identify the risks' step within the recommended risk management procedure?

A. To identify information about the project environment and objectives
B. To identify uncertainties that may impact on the delivery of the project objectives
C. To identify the roles to be involved in risk management activities
D. To identify responses to risks documented in the business case

Answer: B

Explanation:

Section: Volume B

Explanation/Reference: http://prince2.wiki/Risk#The_Risk_Management_Procedure

NEW QUESTION 26

Which product identifies the management stages and timescales of a project?

A. Project Brief
B. Project Plan
C. Project Product Description
D. Initiation Stage Plan

Answer: B

NEW QUESTION 27

Which describes risk probability?

A. A measure of the likelihood of the risk occurring
B. Timeframe within which the risk may occur
C. Level of risks which the project can tolerate before escalating to the Project Board
D. Probable effect on the project delivering its objectives

Answer: A

NEW QUESTION 28

Which is an objective of the Closing a Project process?