PRINCE2 Foundation — Question 155

What must be included in the risk management approach, as a minimum requirement for applying the risk theme?

Answer options

• A. A description of the risk management procedure
• B. An explanation of the company's risk appetite
• C. The names of the assigned actionees for each risk
• D. Estimations of the likelihood and impact of risks

Correct answer: A

Explanation

The correct answer is A, as a clear description of the risk management procedure is essential for implementing the risk theme effectively. While understanding the company's risk appetite (B), identifying actionees for risks (C), and estimating likelihood and impact (D) are important, they are not the minimum requirement for the risk management approach.