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ITIL-FOUNDATION · Question #379

Which is a definition of a risk cause?

The correct answer is B. The source of a risk. In PRINCE2 risk management, a risk cause is defined as the source or existing condition that gives rise to a potential risk event.

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Question

Which is a definition of a risk cause?

Options

  • AThe impact of a risk on the stage and project tolerance
  • BThe source of a risk
  • CThe overall effect of a risk on the Business Case
  • DHow likely a risk is to occur in a given project situation

How the community answered

(46 responses)
  • B
    93% (43)
  • C
    4% (2)
  • D
    2% (1)

Why each option

In PRINCE2 risk management, a risk cause is defined as the source or existing condition that gives rise to a potential risk event.

AThe impact of a risk on the stage and project tolerance

The impact on stage and project tolerance describes the effect of a risk materializing, not its source or cause.

BThe source of a riskCorrect

A risk cause is the known, existing situation or factor that creates the conditions under which a risk event may occur. In PRINCE2, risks are described using the cause-event-effect structure, where the cause represents the source of the risk. Identifying the cause accurately allows teams to apply targeted risk responses.

CThe overall effect of a risk on the Business Case

The overall effect on the Business Case describes the consequence of a risk, which is the effect component in the cause-event-effect model, not the cause.

DHow likely a risk is to occur in a given project situation

How likely a risk is to occur describes its probability, which is a risk assessment attribute used in evaluation, not the definition of a cause.

Concept tested: PRINCE2 risk cause definition in cause-event-effect model

Topics

#risk management#risk cause#risk terminology#risk source

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