[Feb 15, 2022] Verified PRINCE2-Foundation dumps and 310 unique questions
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NEW QUESTION 41
Which product defines how the project board should approve the management products produced during the
'initiating a project' process?
- A. Communication management approach
- B. Project plan
- C. Initiation stage plan
- D. Quality management approach
Answer: B
NEW QUESTION 42
Which is a purpose of the 'initiating a project' process?
- A. To provide a fixed point at which acceptance for the project product is confirmed
- B. To produce a stage plan for each stage of a multi-stage project
- C. To enable the project board to decide whether it is worthwhile to initiate a project
- D. To enable an organization to understand the work needed to deliver the project's products
Answer: C
Explanation:
Section: Volume B
Explanation
Explanation/Reference:
Reference http://prince2.wiki/Initiating_a_Project#Objective
NEW QUESTION 43
Which describes a risk event?
- A. The area of uncertainty in terms of the threat or opportunity
- B. The derivation or sources of a potential risk to the project
- C. The achievement of a milestone on the project plan
- D. The sequence of events and actions that will be put in place if a risk occurs
Answer: A
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Risk
NEW QUESTION 44
Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.
- A. Transfer
- B. Reduce
- C. Share
- D. Avoid
Answer: C
NEW QUESTION 45
Which is a minimum requirement for applying the business case theme?
- A. To monitor changes to the project plan to identify exceptions
- B. To report on project performance at project closure
- C. To define the actions required to confirm the project's benefits are realized
- D. To provide statements of actual benefits at benefits reviews
Answer: A
Explanation:
Section: Volume B
Explanation
Explanation/Reference: https://www.whatisprince2.net/prince2-theme-business-case.php
NEW QUESTION 46
Which is a purpose of a Risk Register?
- A. Capture risks that may occur during the project
- B. Capture issues which are impacting on the delivery of the project objectives
- C. Record how risk management activities will be undertaken on the project
- D. Record the risk tolerance for the project
Answer: A
NEW QUESTION 47
Which role is responsible for appointing the senior user in a project that is independent from a program?
- A. The executive
- B. Corporate, program management or the customer
- C. The project manager
- D. Project assurance
Answer: B
Explanation:
Explanation
Reference https://www.prince2primer.com/prince2-roles-and-responsibilities/
NEW QUESTION 48
Which is an objective of the 'directing a project' process?
- A. To tailor the project's products and roles so that the project suits the circumstances
- B. To ensure the stage products are delivered to the stated quality standards
- C. To respond to the project mandate by starting up a project
- D. To provide an interface between the project and corporate management
Answer: D
Explanation:
Section: Volume B
Explanation/Reference:
Reference: https://www.greycampus.com/opencampus/prince-2-practitioner/purpose-of-directing-a-project- process-in-prince2
NEW QUESTION 49
Which theme addresses the need to have a strategy for communicating with stakeholders?
- A. Progress
- B. Plans
- C. Organization
- D. Quality
Answer: C
NEW QUESTION 50
Identify the missing word(s) in the following sentence. During a quality review meeting [ ? ] any identified defects.
- A. a solution should be designed for
- B. the chair will approve the solution to
- C. the agreed actions should be recorded for
- D. an issue should be created for
Answer: C
NEW QUESTION 51
Which is one of the six aspects of project performance to be managed?
- A. Timescales
- B. Efficiency
- C. Work
- D. Estimate
Answer: A
Explanation:
Section: Volume B
Explanation
Explanation/Reference: http://prince2.wiki/
Introduction:_The_PRINCE2_Foundation_Training_Manual#Six_variables_.2F_six_performance_targets
NEW QUESTION 52
Which is the first task of PRINCE2's recommended approach to 'defining and analyzing the products'?
- A. Writing a project product description
- B. Writing the product description
- C. Creating a product flow diagram
- D. Documenting the plan
Answer: C
Explanation:
Section: Volume B
NEW QUESTION 53
What is described as an organization's unique attitude towards risk taking
- A. Risk tolerance
- B. Risk management
- C. Risk appetite
- D. Risk evaluation
Answer: C
Explanation:
Section: Volume B
NEW QUESTION 54
Which is a difference between management and technical stages?
- A. Management stages deliver products and technical stages do not
- B. Technical stages can overlap and management stages cannot
- C. Technical stages require resources and management stages do not
- D. Management stages require planning and technical stages do not
Answer: B
Explanation:
Section: Volume B
NEW QUESTION 55
Which role does NOT set tolerances?
- A. Project Board
- B. Change Authority
- C. Corporate or programme management
- D. Project Manager
Answer: B
NEW QUESTION 56
If Work Package tolerance is forecast to be exceeded, to whom should the Team Manager report?
- A. Project Board
- B. Project Assurance
- C. Corporate management
- D. Project Manager
Answer: D
NEW QUESTION 57
Which is a factor when deciding the duration of a management stage?
- A. The level of risk in the project
- B. The cost of the stage
- C. The work packages to be delivered
- D. The number of products to be produced in the project
Answer: A
Explanation:
Section: Volume B
Explanation
Explanation/Reference:
Reference https://www.prince2primer.com/the-design-of-prince2-management-stages/
NEW QUESTION 58
Which is a responsibility of a risk owner?
- A. Determine project risk appetite
- B. Identify risks to the project that might occur in their department
- C. Manage, monitor and control all aspects of an assigned risk
- D. Own and authorize the use of the risk budget to fund risk responses
Answer: C
NEW QUESTION 59
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