A Review Of Simulation PRINCE2-Foundation Exam

NEW QUESTION 1

How should the Team Manager report that tolerances are forecast to be exceeded?

• A. Create an Exception Report
• B. Create a Highlight Report
• C. Raise an issue
• D. Grant a concession

Answer: C

NEW QUESTION 2

Which level of management sets the project level tolerances?

• A. Project board
• B. Team manager
• C. Corporate, programme management or the customer
• D. Project manager

Answer: D

Explanation:

Reference
http://prince2.wiki/Manage_by_exception

NEW QUESTION 3

Which is a purpose of the Managing Product Delivery process?

• A. Enable the Senior Supplier to be provided with sufficient information by the Project Manager so that they can review the success of the current Work Package
• B. Provide a controlled link between the Project Manager and the Team Manager(s)
• C. Enable the Project Board to request updates to the current Team Plan
• D. Establish solid foundations for the project

Answer: B

NEW QUESTION 4

Identify the missing word in the following sentence.
A project's [ ? ] are the measurable improvements resulting from the outcomes achieved through the use of the project's outputs.

• A. benefits
• B. dis-benefits
• C. issues
• D. risks

Answer: A

Explanation:
A Benefit is the measurable improvement resulting from an outcome that is perceived as an advantage by one or more stakeholders.
Reference
http://p2.tech-academy.co.uk

NEW QUESTION 5

Which is a typical core activity within configuration management?

• A. Issue management
• B. Quality inspection
• C. Identification
• D. Preparation

Answer: C

NEW QUESTION 6

What is a goal of the 'implement' step within the recommended risk management procedure?

• A. To prepare specific management responses to identified risks
• B. To monitor the effectiveness of actioned risk responses
• C. To estimate the risk to the project in terms of probability and impact
• D. To communicate information related to the risks faced by the project

Answer: C

NEW QUESTION 7

Which of the following statements about customer's quality expectations and acceptance criteria are true?
* 1. Customer's quality expectations form a specific and precise list of measurable criteria that a project product should meet in order to be acceptable to key stakeholders.
* 2. Acceptance criteria are often expressed in broad terms as a means to gain common understanding of general quality requirements.

• 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: D

NEW QUESTION 8

What is documented in the project plan to support the 'manage by exception' principle?

• A. The project's tolerances for cost and time
• B. A project product's quality criteria
• C. The expected project benefits
• D. Activities to mitigate project risks

Answer: A

NEW QUESTION 9

Which are objectives of the 'managing a stage boundary' process?
* 1. To control the link between the people managing the project and the people producing the products
* 2. To approve requests for change received during the completed stage
* 3. To provide information to the project board on the performance of the current stage
* 4. To review and, if necessary, update the project management team structure and role descriptions

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

Answer: C

Explanation:

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

NEW QUESTION 10

Which is a purpose of a Project Brief?

• A. Enable the assembly of the project mandate
• B. Describe the reporting requirements of the various layers of management involved with the project
• C. Describe how changes to products will be controlled
• D. Provide a solid basis for the initiation of the project

Answer: D

NEW QUESTION 11

Which describes a time-driven control?

• A. The dates for the project's end stage assessment included in the project plan
• B. The expected frequency of progress reports specified in a work package
• C. The expected dates for planned checks of specialist products included in a stage plan
• D. The planned exception assessment meeting to authorize a requested exception plan

Answer: B

NEW QUESTION 12

What plan is created, and submitted for approval, during the Managing a Stage Boundary process?

• A. Team Plan
• B. Stage Plan
• C. Benefits Review Plan
• D. Project Plan

Answer: B

NEW QUESTION 13

What process aims to ensure accurate progress information is provided to the Project Manager?

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

Answer: C

NEW QUESTION 14

Which statement is CORRECT about the customer and suppliers of a project in a commercial environment?

• A. Each party may have their own business case for undertaking the project
• B. Both parties must apply the same external governance to the project
• C. The risk appetite should be collaboratively set before the project starts
• D. Management systems need to be unified for successful project delivery

Answer: A

NEW QUESTION 15

Which theme establishes the mechanisms to control against baselines by providing a forecast for the project's objectives and continued viability?

• A. Business case
• B. Plans
• C. Change
• D. Progress

Answer: A

NEW QUESTION 16

Identify the missing words in the following sentence. At the end of a stage, the [ ? ] should be used to check whether there is a requirement to send copies of the End Stage Report to external interested parties.

• A. Stage Plan
• B. Communication Management Strategy
• C. Follow-on action recommendations
• D. Quality Management Strategy

Answer: B

NEW QUESTION 17

Which is a purpose of the quality theme?

• A. To establish how the project will ensure that all products created meet their requirements
• B. To establish baselines against which any changes to products can be assessed
• C. To identify all the products of the project to ensure the scope has been adequately defined
• D. To determine the communication needs of the organization’s quality assurance function

Answer: A

NEW QUESTION 18

Which is a true statement about time-driven controls?

• A. Time-driven controls are used for monitoring the progress of Work Packages and management stages
• B. Time-driven controls take place when specific events happen
• C. Time-driven controls are produced at the end of a stage
• D. An Exception Report is a time-driven control

Answer: A

NEW QUESTION 19

How does the ‘managing product delivery’ process achieve its purpose?

• A. By agreeing requirements for how project work should be undertaken
• B. By producing highlight reports to enable the project board to oversee the work
• C. By requiring the project manager to produce and monitor team plans
• D. By escalating issues and risks that cannot be resolved within stage tolerance

Answer: A

NEW QUESTION 20

Which is an objective of the Starting up a Project process?

• A. Identify who will be responsible for creating the Project Plan
• B. Agree how the project will be monitored and controlled after initiation
• C. Authorize the Project Manager to proceed with the initiation stage
• D. Agree how issues and changes will be identified, assessed and controlled

Answer: A

NEW QUESTION 21
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