Chapter 7

Risk Theme

PRINCE2 EXAM OBJECTIVES COVERED IN THIS CHAPTER:

  • Know the PRINCE2 definition of a risk and understand the difference between a threat and an opportunity.
  • Understand the purpose of the Risk theme.
  • Understand the risk management procedure.
  • Understand how to define a risk using cause, effect, and objectives.
  • Understand how to measure a risk’s probability, impact, and proximity.
  • Define risk response types and understand which are used to respond to a threat or an opportunity.
  • Know the difference between a Risk Owner and a Risk Actionee.
  • Know the purpose of a Risk Management Strategy, its recommended composition, in which processes it is used, and which roles are responsible for it.
  • Know the purpose of a Risk Register, ...

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