The Secret Of PRINCE2-Exams PRINCE2-Foundation Exam Prep

NEW QUESTION 1

Which of the following statements about lines of authority and reporting are true?
* 1. The Project Manager has day-to-day control for a management stage within the limits laid down by the Project Board.
* 2. If a Team Manager forecasts a deviation beyond Work Package tolerances, this should be referred to the Project Manager.

• 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 2

Identify the missing words in the following sentence.
When proposed changes [ ? ], the change authority must refer the decision back to the project board.

• A. are below the agreed change budget
• B. are objected to by team members
• C. are rejected by the change authority
• D. exceed the agreed change budget

Answer: D

NEW QUESTION 3

Which is a benefit of using PRINCE2?

• A. It promotes consistency of project work and the ability to reuse project assets.
• B. It includes techniques for critical path analysis and earned value analysis
• C. It enables a project manager to be accountable for the success of a project
• D. It prevents any changes once the scope of a project has been agreed

Answer: A

NEW QUESTION 4

Which is a step in the recommended approach to 'defining and analyzing the products'?

• A. Preparing estimates
• B. Designing a plan
• C. Writing a project product description
• D. Identifying activities and dependencies

Answer: B

Explanation:
Reference http://prince2.wiki/Plans

NEW QUESTION 5

What is a risk actionee responsible for?

• A. Identifying risks to the project that might occur in their department
• B. Owning and authorizing the use of the risk budget to fund risk responses
• C. Managing, monitoring and controlling of all aspects of an assigned risk
• D. Carrying out a risk response action to respond to a particular risk

Answer: D

NEW QUESTION 6

Which is a type of issue?

• A. A lesson
• B. A request for change
• C. An Exception Report
• D. A risk with an estimated high impact

Answer: B

NEW QUESTION 7

Which should be funded from a change budget?

• A. The Starting up a Project process
• B. A fallback plan
• C. An agreed change to the scope of a project
• D. A change to a plan, within allocated tolerances, due to poor estimating

Answer: C

NEW QUESTION 8

According to the 'defined roles and responsibilities' principle, what must be represented in the project management team?

• A. Project board, project manager and project assurance roles
• B. Directing, managing and delivering levels
• C. Business, user and supplier interests
• D. Corporate, programme management or the customer parties

Answer: C

Explanation:
Reference
http://prince2.wiki/Define_roles_and_responsibilities

NEW QUESTION 9

Which is an objective of the 'initiating a project' process?

• A. To ensure that baselines are established and controlled
• B. To ensure that the business case is kept under review
• C. To ensure that the planned products are delivered within tolerances
• D. To ensure that user acceptance of the products is confirmed

Answer: C

Explanation:

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

NEW QUESTION 10

Which PRINCE2 principle ensures that members of the project management team know what they are expected to contribute?

• A. Manage by exception
• B. Learn from experience
• C. Tailor to suit the project environment
• D. Defined roles and responsibilities

Answer: D

Explanation:
Reference https://www.wrike.com/blog/project-management-basics-prince2-explained/

NEW QUESTION 11

According to the 'tailor to suit the project' principle, what is the basis for effective project management?

• A. That the appropriate number and type of meetings are held
• B. That the project is divided into an appropriate number of stages
• C. That the appropriate information is provided to make decisions
• D. That the project method relates to the project’s environment

Answer: D

Explanation:

Reference
http://prince2.wiki/Tailor_to_suit_the_project_environment

NEW QUESTION 12

According to the 'continued business justification' principle, when is a justifiable reason for a project FIRST needed?

• A. After the executive has been appointed
• B. When authorized by the corporate, programme management or the customer
• C. Before work to start the project commences
• D. When an organization produces its business plans

Answer: C

Explanation:

Reference:
http://prince2.wiki/Continued_business_justification

NEW QUESTION 13

Which PRINCE2 principle is supported by the setting of tolerances for the three levels of plan?

• A. Manage by stages
• B. Manage by exception
• C. Continued business justification
• D. Learn from experience

Answer: B

NEW QUESTION 14

Which is a purpose of the quality theme?

• A. To check that the project is viable and achievable
• B. To ensure that the project outputs are agreed
• C. To ensure that formal issues are recorded
• D. To enable the project to be managed according to plan

Answer: A

NEW QUESTION 15

Which is a responsibility of a risk owner?

• A. Identify risks to the project that might occur in their department
• B. Own and authorize the use of the risk budget to fund risk responses
• C. Manage, monitor and control all aspects of an assigned risk
• D. Determine project risk appetite

Answer: C

NEW QUESTION 16
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