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ITIL-FOUNDATION · Question #293

Which is a recommended response type to respond to either a threat or an opportunity?

The correct answer is C. Share. In PRINCE2 risk management, response types are categorized for threats and opportunities separately, and 'Share' is the only response type applicable to both. This makes it the uniquely recommended response that covers either scenario.

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Question

Which is a recommended response type to respond to either a threat or an opportunity?

Options

  • AFallback
  • BReject
  • CShare
  • DReduce

How the community answered

(37 responses)
  • A
    3% (1)
  • B
    3% (1)
  • C
    89% (33)
  • D
    5% (2)

Why each option

In PRINCE2 risk management, response types are categorized for threats and opportunities separately, and 'Share' is the only response type applicable to both. This makes it the uniquely recommended response that covers either scenario.

AFallback

Fallback is a response type that applies only to threats - it involves preparing a contingency plan to be enacted if the threat materializes, and has no equivalent application to opportunities.

BReject

Reject is a response that applies only to opportunities - it means consciously deciding not to exploit an opportunity, and is not a valid response type for a threat.

CShareCorrect

The 'Share' response involves involving a third party to share either the downside of a threat (for example, through a joint venture or insurance-like arrangement) or the upside of an opportunity. Because it is listed in PRINCE2 as a valid response for both threat and opportunity categories, it is the recommended response type that applies to either risk event type. This dual applicability is a key exam distinction.

DReduce

Reduce is a response that applies only to threats - it aims to reduce either the probability or the impact of a risk event occurring, and is not applicable as a response to an opportunity.

Concept tested: PRINCE2 risk response types for threats and opportunities

Source: https://www.axelos.com/certifications/propath/prince2-project-management

Topics

#risk management#risk response types#opportunity#threat

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