PRINCE2F PRINCE2 Practices Practice Question
Which of the following best describes the 'risk owner'?
⚠ Common exam trap
Test-takers frequently confuse the 'risk owner' with the 'risk actionee' (the person who performs the response actions), leading them to incorrectly select Option B, but PRINCE2 explicitly separates accountability from execution.
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
✓
The person responsible for managing the risk and implementing responses
The PRINCE2 definition of a risk owner is the person who is responsible for managing all aspects of a specific risk, including monitoring the risk, implementing the planned response actions, and ensuring the risk is effectively controlled. This role is accountable for the risk throughout its lifecycle, not just for executing a single task.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
The person who monitors the risk budget
Why it's wrong here
Monitoring a risk budget is a financial control task, not the definition of risk ownership. The risk owner is accountable for managing a specific risk and its response. Budget oversight is tempting because owners often control allocated contingency, but that is a consequence of ownership, not its defining characteristic.
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The person who carries out the risk response actions
Why it's wrong here
The risk owner is accountable for managing the risk, including selecting and overseeing the response, not performing the actions themselves. Executing response actions belongs to the risk actionee. Assigning the executor as owner is tempting because they handle the risk daily, but accountability and execution are deliberately separated in PRINCE2.
- ✗
The person who identifies the risk
Why it's wrong here
Identifying a risk is only the first step; the risk owner is the person made accountable for managing it and its response throughout its lifecycle. Anyone can raise a risk. This is tempting because the identifier is closely associated with the risk, but PRINCE2 separates identification from ownership.
- ✓
The person responsible for managing the risk and implementing responses
Why this is correct
The risk owner is the individual accountable for managing a specific risk and implementing the agreed responses, which directly matches PRINCE2's definition. This satisfies the stem's requirement for the person responsible, distinguishing the role from the risk actionee who performs the response tasks under the owner's direction.
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Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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