What is performed as part of the recommended risk management procedure?
What is performed as part of the recommended risk management procedure?
As part of the recommended risk management procedure, it is essential to communicate information about risks to project stakeholders. This ensures that everyone involved is aware of potential risks, their impacts, and the measures being taken to address them. Communicating risks keeps all stakeholders informed and facilitates better collective risk management decision-making.
The answer is C. PRINCE2 recommends, but does not mandate, a risk management procedure based on Management of Risk: Guidance for Practitioners (Office of Government Commerce, 2010): Identify (context and risks) Assess (estimate and evaluate) Plan Implement Communicate.
Answer is C
I thoughts the answer is C ..where Risk would be communicated.Since there is no minimum requirement for having Budget to investigate issues ?
C should be correct as stated in section10.3.2 : 'Communicate', the fith step, operates in parallel as the outputs of any of the other steps may need to be communicted to stakesholders at any point in the process'
Definitely the answer is C
Recommendation risk procedure, Identify, assess, propose, implement and communicate. It should be C
Implement steps is covering implement risk response and reviewed risk response, the correct answered is B
C Should be correct to communicate the recognized risks with the stakeholders
C seems correct
Should be C
C IS CORRECT. "COMMUNICATE"
C is nice
PRINCE2 MAnual Ref.10.2 ensure that project risks are identified, assessed, managed and reviewed throughout the project lifecycle. I think the correct answer is B. The communication of the risk is part of the Risk management approach, which is also a necessary requirement, but for the approach.
Should be C. refer 10.4.5 Communication should be undertaken continually. The ‘communicate’ step ensures that information related to the threats and opportunities faced by the project is communicated both within the project and externally to stakeholders.
'Issues' is the term used in PRINCE2 for changes therefore I think the answer A is incorrect as it refers to risk management, not change management. Answer C makes more sense.
c is correct