PRINCE2 Exam Prep 30, Risk Register and Risk Identification
Jul 27, 2026
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The nine essential components of a PRINCE2 Risk Register, from identifier to actionee.
- The critical difference between a Risk Owner (accountable for the risk) and a Risk Actionee (responsible for the response), a common exam trap.
- Four key risk identification techniques tested on the exam: brainstorming, lessons learned, Risk Breakdown Structure, and prompt lists.
- Why risk identification is a continuous and iterative activity throughout the project lifecycle, not a one-off task.
- A mnemonic to easily remember the columns of the Risk Register: 'I Describe Problems In Proximity, Responding So Owners Act.'
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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