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Question 319 - PRINCE2-7-Foundation discussion

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Which is a minimum requirement when applying the 'risk' theme?

A.
To identity and ring-fence an explicit risk budget within the project's budget
Answers
A.
To identity and ring-fence an explicit risk budget within the project's budget
B.
To describe the probability impact grid in the risk management approach
Answers
B.
To describe the probability impact grid in the risk management approach
C.
To appoint project assurance to maintain the risk register during initiation
Answers
C.
To appoint project assurance to maintain the risk register during initiation
D.
To assess if risks might have a material impact on business justification
Answers
D.
To assess if risks might have a material impact on business justification
Suggested answer: D

Explanation:

One of the minimum requirements when applying the 'risk' theme in PRINCE2 is to assess whether risks could materially impact the business justification of the project. This assessment is crucial because it directly influences whether the project remains viable and worth continuing, in alignment with the continued business justification principle.

Reference: PRINCE2 Foundation Manual

asked 23/09/2024
Firasat Siddiqui
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