PRINCE2 Exam Prep 31, Risk Responses — Avoid, Reduce, Transfer, Accept, Share

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 six appropriate PRINCE2 risk responses for threats: Avoid, Reduce, Fallback, Transfer, Accept, and Share. - The four appropriate PRINCE2 risk responses for opportunities: Exploit, Enhance, Share, and Reject. - How to select a risk response that is proportionate to the severity of the risk, a key exam concept. - The critical difference between the Risk Owner (accountable) and the Risk Actionee (responsible for execution). - A mnemonic to help you remember the six threat responses for your exam: AS RAFT (Avoid, Share, Reduce, Accept, Fallback, Transfer). 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