Quick Answer
The answer is the Risk practice. This is correct because the PRINCE2 Risk practice provides a systematic framework for identifying, assessing, and controlling uncertainties that could impact project objectives, and during the initiation stage, the project manager applies this practice to capture major threats and opportunities, evaluate their probability and impact, and plan appropriate responses. On the PRINCE2 Foundation exam, this question tests your understanding that the Risk practice is a distinct, continuous activity applied from initiation onward, not a one-time event; a common trap is confusing it with the Plans practice, which focuses on scheduling and budgeting rather than uncertainty management. Remember the memory tip: "Risk in Initiation sets the foundation for proactive control," linking the practice directly to the stage where major risks are first formally captured and assessed.
This PRINCE2F practice question tests your understanding of prince2 practices. Read the scenario carefully and evaluate each option against the stated constraints before committing to an answer. After answering, compare your reasoning against the explanation and wrong-answer breakdown below. Once you have made your selection, read the full explanation to reinforce the concept and understand why each distractor is designed to mislead on exam day.
A project is in its initiation stage. The project manager needs to identify the major risks that could affect the project. Which practice should be applied to identify, assess, and control these risks?
Business Case
Why wrong: The Business Case practice justifies the project, not risk management.
Progress
Why wrong: Progress practice monitors and controls project performance, not risk management.
Organizing
Why wrong: Organizing practice defines roles and responsibilities, not risk identification.
Risk
The Risk practice covers the entire risk management process.
Answer choices
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
Risk
The Risk practice in PRINCE2 is specifically designed to identify, assess, and control uncertainties that could affect the project's objectives. During the initiation stage, the project manager applies this practice to systematically identify major risks, evaluate their probability and impact, and plan appropriate responses, ensuring proactive management of threats and opportunities.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
For each option: why learners choose it and why it is or isn't the right answer here.
Business Case
Why it's wrong here
The Business Case practice justifies the project, not risk management.
Progress
Why it's wrong here
Progress practice monitors and controls project performance, not risk management.
Organizing
Why it's wrong here
Organizing practice defines roles and responsibilities, not risk identification.
Risk
Why this is correct
The Risk practice covers the entire risk management process.
Related concept
Read the scenario before looking for a memorised answer.
Common exam traps
The trap here is that candidates may confuse the Risk practice with the Business Case practice, mistakenly thinking that risk management is part of justifying the project, whereas PRINCE2 separates risk management as a distinct practice focused on uncertainty rather than justification.
Detailed technical explanation
The Risk practice encompasses the entire risk management procedure, including risk identification techniques (e.g., checklists, brainstorming), qualitative and quantitative assessment (e.g., probability/impact grid), and response planning (e.g., avoid, reduce, transfer, accept). In PRINCE2, this practice is supported by the Risk Register, which documents each risk's description, category, probability, impact, proximity, and planned responses, ensuring traceability and control throughout the project lifecycle.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
A practitioner preparing for the PRINCE2F exam encounters this exact type of scenario on the job. The correct answer here is not the most general option — it is the best answer for the specific constraint described. Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option. Real exam questions reward reading the full scenario before eliminating options, because the constraint defines which answer fits.
What to study next
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Related practice questions
Use these pages to review the topic behind this question. This is how one missed question becomes focused revision.
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FAQ
PRINCE2 Practices — This question tests PRINCE2 Practices — Read the scenario before looking for a memorised answer..
The correct answer is: Risk — The Risk practice in PRINCE2 is specifically designed to identify, assess, and control uncertainties that could affect the project's objectives. During the initiation stage, the project manager applies this practice to systematically identify major risks, evaluate their probability and impact, and plan appropriate responses, ensuring proactive management of threats and opportunities.
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
Read the scenario before looking for a memorised answer.
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Last reviewed: Jun 11, 2026
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.
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