PRINCE2-PRACTITIONER Practices Practice Question
A project is implementing a sustainable energy grid. During execution, a major risk event occurs where a key supplier goes bankrupt. The Project Manager reviews the Risk Register and finds that no response was planned for this severe threat. According to PRINCE2 7, what immediate action should be taken regarding risk management?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Capture and log the event as an issue in the Issue Register.
When an unpredicted risk materializes, it immediately becomes an issue. The Project Manager must log it as an issue and manage it through the Issues practice.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Capture and log the event as an issue in the Issue Register.
Why this is correct
Correct. Once a risk occurs, it is no longer a risk—it is an issue that must be logged and managed.
- ✗
Leave it in the Risk Register and wait to see if the supplier recovers.
Why it's wrong here
An occurred risk requires active management as an issue, not passive waiting.
- ✗
Retroactively alter the Risk Management Approach to prevent bankruptcies.
Why it's wrong here
Retroactively changing the approach cannot undo an occurred event.
- ✗
Write off the project loss without informing the Project Board.
Why it's wrong here
Major supplier bankruptcy impacts tolerances and must be escalated.
About these practice questions
This PRINCE2-PRACTITIONER question is part of Courseiva's 297-question bank — original exam-style content with full explanations and wrong-answer analysis, never real exam questions or exam dumps. Learn why practice questions differ from exam dumps →
JA
Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed August 2026 · checked against the official AXELOS / PeopleCert exam blueprint
This PRINCE2-PRACTITIONER practice question is part of Courseiva's free AXELOS / PeopleCert certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PRINCE2-PRACTITIONER exam.