Prince2 7 Foundation · Free Practice Question Easy
Question 7
Which of the following risk responses aims to split the risk across multiple parties within the supply chain?
- A Share
- B Accept
- C Transfer
- D Mitigate
Reveal correct answer
Correct answer: A
Explanation
OBJ 3.5.3: A share is an option that is different in nature from the transfer response. It seeks multiple parties, typically within a supply chain, to share the risk on a pain/gain share basis. Rarely can risks be entirely shared in this way (for example, the primary risk taker will always need to protect its brand and reputation), but this can be a successful way of encouraging collaboration on risk management activities, particularly in programs and projects.Discussion
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