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PRINCE2-Practitioner Exam - Question 178


HOTSPOT -

The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.

Column 1 contains a number of risk responses identified by the Project Manager following an assessment of this risk. Column 2 contains a list of threat response types. For each risk response in Column 1, select from Column 2 the type of response it represents. Each option from Column 2 can be used once, more than once or not at all.

Column 1 contains a number of possible risk responses to the above risk. For each risk response, select from Column 2 the appropriate risk threat response type that it represents. Each selection from Column 2 can be used once, more than once or not at all.

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ravi_aws
Oct 5, 2023

Transfer, Share, reduce, accept, fallback, reduce

ManikRoy
Oct 13, 2023

Agreed with your choice of answer.

ManikRoy
Oct 13, 2023

Sorry I have revised my answer as above.

pollon
Aug 1, 2021

According to various sources, such as https://www.prince2primer.com/prince2-risk-response-quiz/ and https://www.prince2primer.com/prince2-risk-response-quiz/ outsourcing is risk transfer (not share)

Pauly
Sep 20, 2020

Fallback = not used in Prince2-2017 terminology.

Pauly
Sep 20, 2020

Comment to be deleted. Fallback is a Prince2 response to threat.

GSD547
Apr 18, 2022

Answer 1 - Reduce - This response will help to reduce the probability of the event occurring, but it may not be enough to totally prevent the risk from happening. Answer 2 - Transfer - This response is transferring some of the financial impact of the threat to the third party supplier. Answer 3 - Reduce - This response will help to reduce the probability of the event occurring, but it may not be enough to totally prevent the risk from happening. Answer 4 - Accept - This is based on trust and no action is taken.

ManikRoy
Oct 13, 2023

1 --> Reduce 2 --> Transfer 3 --> Share 4 --> Accept 5--> Fallback 6 --> Reduce