PRINCE2F PRINCE2 Practices Practice Question
Which TWO of the following are steps in the PRINCE2 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
✓
Implement
In PRINCE2, the risk management procedure consists of five steps: Identify, Assess, Plan, Implement, and Communicate. Option B (Implement) is correct because it is the step where the planned risk responses are put into action, including assigning owners and executing the agreed actions. Option C (Assess) is correct because it covers the evaluation of risks by estimating their probability and impact and then evaluating their overall severity to prioritize them. Option A (Monitor) is not a named step in the PRINCE2 risk procedure; monitoring is embedded within the Implement and Communicate steps rather than being a standalone step. Option D (Control) is not a PRINCE2 risk procedure step; it belongs to other frameworks or to the general concept of controlling a project, not this specific procedure. Option E (Allocate) is not a PRINCE2 risk procedure step; allocating risk ownership occurs within the Implement step, but 'Allocate' itself is not one of the five named steps.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Monitor
Why it's wrong here
Monitor is not a separate step in the PRINCE2 risk management procedure; it is part of the Implement and Communicate steps.
- ✓
Implement
Why this is correct
Implement is the fourth step of the PRINCE2 risk management procedure, following Identify, Assess and Plan. It covers assigning owners, executing the planned responses and monitoring their effect, satisfying the stem's requirement for a genuine procedure step rather than a general management activity.
- ✓
Assess
Why this is correct
Assess is a correct step; it includes evaluating the probability and impact of risks.
- ✗
Control
Why it's wrong here
Control is not a separate step; it is part of the Implement and Communicate steps.
- ✗
Allocate
Why it's wrong here
Allocate is not a step in the PRINCE2 risk management procedure.
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Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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