PRINCE2F PRINCE2 Practices Practice Question
What is the purpose of the Risk Register?
⚠ Common exam trap
A common mix-up: candidates confuse the Risk Register with the Risk Management Strategy or the Issue Register; candidates often think the Risk Register only lists threats or only the top risks, but PRINCE2 requires it to capture all risks (threats and opportunities) with full tracking details.
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
✓
To record and track all identified risks and their responses
The Risk Register is the central repository for recording and tracking all identified risks (both threats and opportunities) throughout the project lifecycle. It includes details such as risk description, probability, impact, proximity, and the planned responses, ensuring that every risk is managed and monitored. Option C is correct because it captures the complete purpose of the Risk Register as defined in PRINCE2.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
To list only the project's threats and their impacts
Why it's wrong here
The Risk Register records both threats and opportunities, along with their probability, impact, and responses. Listing only threats omits opportunities, which PRINCE2 explicitly manages. It is tempting because threats are the familiar focus, but the Register's purpose is comprehensive risk management across both categories.
- ✗
To document the top 10 risks for the Project Board
Why it's wrong here
The Risk Register captures all identified risks with their assessments and responses, not a fixed top ten for the Project Board. It is tempting because the Board reviews key risks, but that summary is produced from the Register, which holds the complete, dynamically updated risk information.
- ✓
To record and track all identified risks and their responses
Why this is correct
The Risk Register captures each identified risk, its cause, impact, probability, and the planned response, then tracks status throughout the project. This satisfies the purpose of recording and tracking all identified risks and their responses.
- ✗
To allocate the risk budget
Why it's wrong here
The Risk Register records identified risks, their probability, impact, proximity, and responses; it does not allocate budget. Budget allocation belongs to the risk budget within the Business Case. It is tempting because risk responses often require funding, but the Register documents and tracks risks, not finances.
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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.