PRINCE2F PRINCE2 Processes Practice Question
A project is in an early stage and the Project Manager discovers a new risk that could cause a delay. The risk is within the stage tolerance. What should the Project Manager do?
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
✓
Update the risk register and manage the risk within the stage
Since the risk is within stage tolerance, the Project Manager should manage it within the stage (e.g., by updating the risk register and taking corrective action) without escalating to the Project Board.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Stop the project and seek guidance
Why it's wrong here
Stopping is unnecessary; the risk is within tolerance.
- ✗
Immediately raise an Exception Report to the Project Board
Why it's wrong here
An Exception Report is only for deviations beyond stage tolerance.
- ✓
Update the risk register and manage the risk within the stage
Why this is correct
The PM can handle risks within tolerance without escalation.
- ✗
Revise the project plan and inform the board
Why it's wrong here
Revising the plan at this point is not required unless the risk exceeds tolerance.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This PRINCE2F practice question is part of Courseiva's free 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 PRINCE2F exam.