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NEW QUESTION 1

What should be implemented using a risk budget?
* 1. A request for change
* 2. A contingent plan
* 3. Actions to avoid a risk from occurring
* 4. Responses to dis-benefits

  • A. 1 and 2
  • B. 2 and 3
  • C. 3 and 4
  • D. 1 and 4

Answer: A

NEW QUESTION 2

If the Project Board instructs the Project Manager to implement a request for change, which document would contain details of that change?

  • A. Checkpoint Report
  • B. Highlight Report
  • C. Issue Report
  • D. Product Status Account

Answer: C

NEW QUESTION 3

What product defines the reporting requirements between the Project Manager and Team Manager?

  • A. Project Brief
  • B. Product Description
  • C. Team Plan
  • D. Work Package

Answer: D

NEW QUESTION 4

Which is the first task of PRINCE2's recommended approach to 'defining and analyzing the products'?

  • A. Creating a product flow diagram
  • B. Writing the product description
  • C. Writing a project product description
  • D. Documenting the plan

Answer: A

NEW QUESTION 5

How does the project board use the 'manage by stages' principle to control the project?

  • A. By approving the project management team
  • B. By reviewing project viability at defined intervals
  • C. By ensuring that the benefits are managed and controlled
  • D. By reviewing previous project closure documentation

Answer: B

Explanation:

Reference
http://prince2.wiki/Manage_by_stages

NEW QUESTION 6

Which does the Executive need to ensure is in place before the project is initiated?

  • A. All Work Packages are authorized
  • B. An understanding of how the project will contribute to corporate objectives
  • C. The Project Plan has been approved
  • D. The Project Initiation Documentation is complete

Answer: B

NEW QUESTION 7

Why does the project board review the PID during an end stage assessment?

  • A. To confirm that project controls are adequate for the remainder of the project
  • B. To notify the commissioning organization that the project has been authorized
  • C. To review summarized progress to date and decide what to do next with the project
  • D. To ensure that post-project reviews of operational performance are planned

Answer: C

NEW QUESTION 8

Which of the following statements about the Project Initiation Documentation are true?
* 1. The Project Initiation Documentation is used to ensure that a sound basis exists before the Project Board authorizes a project.
* 2. The Project Initiation Documentation should be updated at the end of each stage to reflect the current status of a project.

  • A. Only 1 is true
  • B. Only 2 is true
  • C. Both 1 and 2 are true
  • D. Neither 1 or 2 are true

Answer: C

NEW QUESTION 9

Which is a purpose of the 'initiating a project' process?

  • A. To ensure the project has a sound basis before asking the project board to authorize the project
  • B. To authorize the stage plan for the next management stage of the project
  • C. To establish a contract between the project management team and the commissioning organization
  • D. To ensure that prerequisites are in place before starting the project

Answer: A

NEW QUESTION 10

Identify the missing words in the following sentence.
The six aspects of project performance to be managed are [ ? ] costs, timescales and scope.

  • A. benefits, change, risk,
  • B. benefits, quality, risk,
  • C. change, quality, risk,
  • D. benefits, change, quality,

Answer: B

Explanation:
Reference:
http://prince2.wiki/Introduction:_The_PRINCE2_Foundation_Training_Manual

NEW QUESTION 11

What is an advantage of dividing the project into stages?

  • A. Detailed plans can be prepared closer to the time events will take place
  • B. the project board can delegate management of the project to team managers
  • C. The project can be authorized by the project manager on a stage by stage basis
  • D. The project brief can be updated towards the end of each stage

Answer: A

NEW QUESTION 12

Which is a purpose of the Managing a Stage Boundary process?

  • A. Provide the Project Board with sufficient information for approving the next stage
  • B. Approve the next Stage Plan
  • C. Review and close any risks and issues identified during the previous stage
  • D. Control the link between the Project Manager and the Team Manager(s)

Answer: A

NEW QUESTION 13

How are team managers involved in tailoring PRINCE2 suit the project?

  • A. Team managers are accountable for the tailoring of the work packages
  • B. Team managers may advice on tailoring to improve the management of work packages
  • C. Team managers should not be involved in tailoring PRINCE2
  • D. Team managers should document the tailoring of the work packages

Answer: B

NEW QUESTION 14

If a project is part of a programme, which 'starting up a project' process activities are MOST likely to be
reduced or eliminated?

  • A. Appointing the project board and producing the project brief
  • B. Planning the initiation stage and appointing the project manager
  • C. Producing the additional role descriptions and validating the project product description
  • D. Verifying the project approach and capturing previous lessons

Answer: A

Explanation:

Reference
http://prince2.wiki/Starting_Up_a_Project#Activities

NEW QUESTION 15

Who represents the three project interests on a project?

  • A. Project manager
  • B. Project support
  • C. External project stakeholders
  • D. Project board

Answer: D

Explanation:

Reference
http://prince2.wiki/Organization#Three_Project_Interests

NEW QUESTION 16

What process ensures focus on the delivery of a stage's products and avoids uncontrolled change?

  • A. Directing a Project
  • B. Managing a Stage Boundary
  • C. Controlling a Stage
  • D. Starting up a Project

Answer: C

NEW QUESTION 17

Which is a purpose of an End Project Report?

  • A. Identify individuals or groups that need to be told that the project is coming to an end
  • B. Review how well the project performed against the Project Initiation Documentation used to authorize it
  • C. Identify individuals or groups that are responsible for measuring the expected benefits after the project has closed
  • D. Ensure that key project information is archived and made secure

Answer: B

NEW QUESTION 18

Which is a purpose of the 'managing a stage boundary' process?

  • A. To enable the project board to approve the continuation of the project
  • B. To exercise overall control over the project while delegating day-to-day management
  • C. To assign work to be controlled by the team manager
  • D. To define the work that needs to be done to deliver the project product

Answer: A

Explanation:
Reference
http://prince2.wiki/Managing_a_Stage_Boundary#Objective

NEW QUESTION 19

Which is a true statement about acceptance criteria?

  • A. Acceptance criteria are used to produce the customer's quality expectations
  • B. Acceptance criteria are less specific and precise than customer's quality expectations
  • C. Once agreed, acceptance criteria CANNOT be changed
  • D. Acceptance criteria should be agreed between the customer and the supplier

Answer: D

NEW QUESTION 20

Which two roles are linked by the Managing Product Delivery process?

  • A. Corporate or programme management and Project Board
  • B. Project Board and Project Manager
  • C. Project Manager and Team Manager
  • D. Team Manager and external supplier

Answer: C

NEW QUESTION 21
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