PRINCE2F PRINCE2 Practices Practice Question
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?
⚠ Common exam trap
Many exam-takers 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.
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
✓
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.
Answer analysis
Option-by-option breakdown
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.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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