PRINCE2-Foundation Free Study Guide! with New Update 465 Exam Questions
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NEW QUESTION # 129
Which is NOT one of the PRINCE2 integrated elements?
- A. The themes
- B. Tailoring PRINCE2 to the project environment
- C. The processes
- D. The products
Answer: D
Explanation:
In the context of PRINCE2, the integrated elements include the principles, themes, processes, and tailoring PRINCE2 to the project environment. 'The products' are not listed as one of these integrated elements.
Instead, they are outputs or deliverables that result from applying the PRINCE2 methodology to project management. References: PRINCE2 Foundation manual, PRINCE2 official resources
NEW QUESTION # 130
Identify the missing words in the following sentence.
The six aspects of project performance to be managed are [ ? ] costs, timescales and scope.
- A. benefits, quality, risk,
- B. change, quality, risk,
- C. benefits, change, quality,
- D. benefits, change, risk,
Answer: A
Explanation:
The six aspects of project performance to be managed, as outlined in PRINCE2, are benefits, costs, timescales, scope, quality, and risk. Managing these aspects helps ensure that the project delivers its intended outputs while adhering to predetermined constraints and achieving desired outcomes.References: = PRINCE2 7 Foundation handbook and online resources
NEW QUESTION # 131
What information about benefits management must be documented to meet the minimum requirements for applying the business case theme?
- A. Statements of actual versus forecast benefits at reviews
- B. The senior user's responsibilities for realizing benefits
- C. No specific documents related to benefits are necessary
- D. The management actions needed to ensure benefits are realized
Answer: B
NEW QUESTION # 132
Which is a key decision made during the 'directing a project' process?
- A. Approve the project manager role description
- B. Select and appoint the project executive
- C. Approve the proposed project mandate
- D. Confirm that the benefits management approach addresses all expected benefits
Answer: D
Explanation:
A key decision made during the 'directing a project' process is to confirm that the benefits management approach addresses all expected benefits. This ensures that the project is aligned with its intended outcomes and that all potential benefits are adequately planned for and tracked. References: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.
NEW QUESTION # 133
Which is the base product against which the Project Board can assess progress, issues and ongoing viability questions?
- A. Project mandate
- B. Project Brief
- C. Benefits Review Plan
- D. Project Initiation Documentation
Answer: D
Explanation:
Section: Volume A
Explanation
NEW QUESTION # 134
What process is used by the Project Manager to maintain focus on delivery of a stage's products within agreed tolerances?
- A. Controlling a Stage
- B. Managing Product Delivery
- C. Managing a Stage Boundary
- D. Directing a Project
Answer: A
NEW QUESTION # 135
During the Managing a Stage Boundary process what product is updated with estimated costs and time for the stage that is about to begin?
- A. End Stage Report
- B. Team Plan
- C. Work Package
- D. Project Plan
Answer: D
NEW QUESTION # 136
Which of the following take place before the initiation of a project?
1.Appoint the Executive
2.Capture requirements
3.Develop the Project Brief
4.Develop the detailed Business Case
- A. 1, 2, 4
- B. 2, 3, 4
- C. 1, 3, 4
- D. 1, 2, 3
Answer: D
NEW QUESTION # 137
Which process provides the Project Board with sufficient information for it to review the success of a completed stage and confirm continued business justification?
- A. Closing a Project
- B. Directing a Project
- C. Managing a Stage Boundary
- D. Controlling a Stage
Answer: C
NEW QUESTION # 138
Which role is responsible for appointing the senior user in a project that is independent from a program?
- A. Corporate, program management or the customer
- B. The project manager
- C. Project assurance
- D. The executive
Answer: A
Explanation:
In PRINCE2, the role responsible for appointing the Senior User, as well as other key project roles such as the Executive and the Senior Supplier, is typically taken by someone from corporate or program management, or the customer. This aligns with the principle of clearly defined roles and responsibilities, ensuring that the project has clear governance and accountability. The Senior User is appointed to represent the interests of all those who will use the project's products, who will benefit from the outcomes, and those whose work might be impacted by the change.References: PRINCE2 Foundation Manual
NEW QUESTION # 139
Which is a purpose of the business case theme?
- A. To establish the controls to manage changes that may impact the project benefits
- B. To identify which role is responsible for producing the business case
- C. To identify the project's outputs
- D. To establish a viable investment proposition
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Business_Case
NEW QUESTION # 140
The project manager has asked for a report to check whether there are any conflicts between the agreed state of the products and the actual products being worked on.
Which part of effective issue management is the project manager applying?
- A. Change budget
- B. Change control
- C. Baselines
- D. Issue resolution
Answer: C
Explanation:
In PRINCE2, baselines are used to establish a reference point for the agreed state of products, against which actual progress can be compared and managed. By requesting a report to check for conflicts between the agreed and actual states of products, the project manager is effectively applying the concept of baselines within issue management. This helps in identifying deviations from the agreed deliverables and initiating corrective actions to address these discrepancies.References: (PRINCE2 7 Foundation Handbook, AXELOS)
NEW QUESTION # 141
What takes place during the Closing a Project process?
- A. The project closure notification is reviewed and approved
- B. The post-project benefits reviews are performed
- C. An End Stage Report is prepared for the final stage
- D. Ownership of the project's products is transferred to the customer
Answer: D
NEW QUESTION # 142
Which is performed as part of the recommended risk management procedure?
- A. Resolution of conflicts between the project and the programme board
- B. Sending of information about risks to the project to project stakeholders
- C. Review of risk management practices to ensure that they are performed effectively
- D. Allocation of a budget to investigate issues facing the project
Answer: B
NEW QUESTION # 143
When should the Project Board refer to corporate or programme management for a decision?
- A. Any request for change needs to be approved
- B. The Senior Supplier or Senior User needs to be changed
- C. It is forecast that project level tolerance will be exceeded
- D. The stage requires resources
Answer: C
NEW QUESTION # 144
What theme provides all management levels within the project management team with mechanisms for monitoring and control?
- A. Organization
- B. Quality
- C. Progress
- D. Change
Answer: C
NEW QUESTION # 145
Which statement defines a risk?
- A. An event that has already occurred that the Project Manager must deal with immediately
- B. An uncertain event, or set of events that, should it or they occur, will be automatically escalated to the Project Board for a response
- C. A certain event occurring in the future that will have a negative impact on the project's objectives
- D. An uncertain event, or set of events that, should it or they occur, will have an effect on the achievement of objectives
Answer: D
NEW QUESTION # 146
Which is a purpose of the 'controlling a stage' process?
- A. To produce a team plan for the work to be assigned to a team manager
- B. To update a project plan to incorporate the actuals from a stage plan
- C. To select and implement actions that will resolve deviations from a plan within tolerance
- D. To obtain approvals for products delivered in a work package
Answer: C
Explanation:
The purpose of the 'controlling a stage' process in PRINCE2 is to ensure that the stage stays on course and reacts to unexpected events. This includes taking corrective actions when there are deviations from the stage plan that can be managed within the tolerances set by the project board. References: PRINCE2 Foundation Handbook, Controlling a Stage section.
NEW QUESTION # 147
In a commercial environment, which process links the team manager and the PRINCE2 method used in a project?
- A. Initiating a project
- B. Managing product delivery
- C. Managing a stage boundary
- D. Directing a project
Answer: B
Explanation:
Reference https://www.prince2.com/blog/the-7-principles-themes-and-processes-of-prince2/
NEW QUESTION # 148
Which theme provides all management levels within the project management team with mechanisms for monitoring and control?
- A. Organization
- B. Quality
- C. Progress
- D. Change
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.whatisprince2.net/prince2-theme-progress.php
NEW QUESTION # 149
Which is NOT an objective of the Controlling a Stage process?
- A. Coordinate the delivery of products as agreed in the Stage Plan
- B. Implement actions to control the impact of risks that occur during the stage
- C. Review the Business Case at regular intervals to assess the impact of changes that occur during the stage
- D. Update the Business Case with any changes agreed with the Project Board
Answer: D
NEW QUESTION # 150
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