PRINCE2F PRINCE2 Practices Practice Question

What is the first step in the recommended risk management procedure?

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

✓

Identify

The risk management procedure steps are: Identify, Assess, Plan, Implement, Communicate. Identify is first.

Answer analysis

For each option: why learners choose it and why it is or isn't the right answer here.

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Implement
Why it's wrong here
Implementation occurs near the end of the PRINCE2 risk management procedure, after risks have been identified, assessed and planned for. It is tempting because implementing responses is the visible outcome, but the procedure begins with Identify, and no response can be implemented before a risk is captured.
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Assess
Why it's wrong here
Assessment follows identification in PRINCE2's risk management procedure; you cannot assess a risk before it has been identified and recorded. It is tempting because assessment is the substantive analytical work, but the procedure's first step is Identify, which produces the risk register entries that assessment then evaluates.
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Plan
Why it's wrong here
Planning responses comes after identification and assessment in PRINCE2's risk management procedure, so it cannot be first. It is tempting because planning feels like the natural starting point for managing anything, but the procedure's initial step is Identify, which populates the risk register that planning then addresses.
✓
Identify
Why this is correct
Identifying risks comes first because the procedure must establish what could threaten the project before any assessment, planning or implementation can occur. PRINCE2's recommended sequence — identify, assess, plan, implement — makes this the necessary starting point, since later steps depend on a documented risk context to evaluate and respond to.

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