Pass PRINCE2 PRINCE2-Foundation Exam with Guarantee Updated 478 Questions
Latest PRINCE2-Foundation Pass Guaranteed Exam Dumps Certification Sample Questions
NEW QUESTION # 167
What theme provides all management levels within the project management team with mechanisms for monitoring and control?
- A. Organization
- B. Change
- C. Quality
- D. Progress
Answer: D
Explanation:
The Progress theme in PRINCE2 provides all management levels within the project management team with mechanisms for monitoring and control. It involves tracking the ongoing viability of the plans and the project's objectives, and it includes mechanisms for reporting, reviewing, and ensuring that decisions on continued investment are based on accurate information. References: PRINCE2 Foundation manual, PRINCE2 official resources
NEW QUESTION # 168
How does the project board use the 'manage by stages' principle to control the project?
- A. By reviewing project viability at defined intervals
- B. By reviewing previous project closure documentation
- C. By approving the project management team
- D. By ensuring that the benefits are managed and controlled
Answer: A
Explanation:
The 'Manage by Stages' principle in PRINCE2 allows the project board to control the project effectively by reviewing its viability at the end of each management stage. This review process provides regular control points where the continuation of the project is assessed based on its performance and continued business justification. References: PRINCE2 7 Foundation Handbook and official training materials.
NEW QUESTION # 169
How should the Team Manager report that tolerances are forecast to be exceeded?
- A. Raise an issue
- B. Create an Exception Report
- C. Create a Highlight Report
- D. Grant a concession
Answer: B
Explanation:
The correct procedure for a Team Manager to report that tolerances are forecast to be exceeded is to create an Exception Report. This report is a crucial tool in PRINCE2 for escalating issues that cannot be resolved within the agreed tolerances, ensuring that they are brought to the attention of higher management for decision-making. References: PRINCE2 Foundation manual, PRINCE2 official resources
NEW QUESTION # 170
The project manager needs to document how risk management will be undertaken during the project.
In which step of the 'risk management' technique should the project manager document this?
- A. Identify: identify threats and opportunities
- B. Assess: combine risk profile
- C. Identify: define context and objectives
- D. Assess: prioritize risks
Answer: C
Explanation:
The step where the project manager needs to document how risk management will be undertaken during the project is during the "Identify: define context and objectives" step of the risk management technique. This initial step is crucial for setting the scope and objectives of risk management activities, providing a framework for identifying, assessing, and managing risks throughout the project.
(PRINCE2 7 Foundation Handbook, AXELOS)
NEW QUESTION # 171
Why is a Project Brief produced?
- A. To record the strategies andmanagement controls to be used by a project
- B. To be used by the Project Board as a basis for reviewing the progress of a project
- C. To act as a trigger for the Starting up a Project process
- D. To provide a full and firm foundation for the initiation of a project
Answer: D
NEW QUESTION # 172
Which is NOT included in the PRINCE2 definition of a project?
- A. A project is part of 'business as usual'
- B. A project is a temporary organization
- C. A project's purpose is to deliver one or more business products
- D. A project is based on an agreed Business Case
Answer: A
Explanation:
According to PRINCE2, a project is not considered part of 'business as usual'. The defining attributes of a project include it being a temporary organization that is created for a specific purpose, which contrasts with
'business as usual' that involves ongoing, routine activities within an organization. References: PRINCE2 Foundation manual, PRINCE2 official resources
NEW QUESTION # 173
What is performed as part of the recommended risk management procedure?
- A. A budget to investigate issues is allocated
- B. Conflicts between the project and the programme board are resolved
- C. Risk management practices are reviewed to ensure that they are performed effectively
- D. Information about risks to the projects is sent to project stakeholders
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.greycampus.com/opencampus/prince-2-foundation/prince2-risk-management- procedure
NEW QUESTION # 174
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 # 175
How does product-based planning help to determine the project approach?
- A. By planning in detail how to deliver the outputs over a more predictable time scale
- B. By dividing the delivery of the project's outputs into stages which do not overlap
- C. By Identifying the outputs that the project trust deliver
- D. By managing constraints to the planned completion date for the project
Answer: C
Explanation:
Product-based planning in PRINCE2 focuses on defining and understanding the project's outputs or products.
This method helps in determining the project's approach by clarifying what products must be delivered, thus guiding the planning of activities and resources needed to create these products. It ensures that the project's structure and execution strategy are aligned with delivering tangible, well-defined outcomes.References:
PRINCE2 7 Foundation resources on product-based planning.
NEW QUESTION # 176
Which is a factor when deciding the duration of a management stage?
- A. The cost of the stage
- B. The level of risk in the project
- C. The number of products to be produced in the project
- D. The work packages to be delivered
Answer: B
Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.prince2primer.com/the-design-of-prince2-management-stages/
NEW QUESTION # 177
Which term is defined as the measurable threshold to represent the tolerable range of outcomes for each objective 'at risk'?
- A. Risk event
- B. Risk tolerance
- C. Risk appetite
- D. Risk effect
Answer: B
Explanation:
Risk tolerance is defined as the measurable threshold that represents the tolerable range of outcomes for each objective at risk. It quantifies the level of exposure to risk that an organization or project can withstand, helping to guide risk response planning and risk management strategies.References: (PRINCE2 7 Foundation Handbook, AXELOS)
NEW QUESTION # 178
Identify the missing words in the following sentence.
The project manager [ ? ] for day-to-day management of the project.
- A. and the project board are responsible
- B. and the team manager(s) are accountable
- C. has responsibility
- D. decides who is responsible
Answer: C
Explanation:
Reference http://prince2.wiki/Directing_a_Project
NEW QUESTION # 179
Which is a type of issue?
- A. An Exception Report
- B. A lesson
- C. A request for change
- D. A risk with an estimated high impact
Answer: C
NEW QUESTION # 180
Identify the missing words in the following sentence.
The role of [ ? ] is assigned to the project manager if it is not allocated to another person.
- A. project support
- B. project assurance
- C. senior user
- D. change authority
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Roles_and_responsibilities
NEW QUESTION # 181
Which risk response is applied on a pain/gain basis?
- A. Exploit
- B. Enhance
- C. Accept
- D. Share
Answer: D
Explanation:
Explanation/Reference:
Reference https://www.prince2primer.com/prince2-2017-risk-responses-and-planning/
NEW QUESTION # 182
Which is a purpose of a Risk Register?
- A. Capture risks that may occur during the project
- B. Record how risk management activities will be undertaken on the project
- C. Record the risk tolerance for the project
- D. Capture issues which are impacting on the delivery of the project objectives
Answer: A
NEW QUESTION # 183
Which of the following can be done to control the size of the Project Board on a project that involves multiple users and suppliers?
- A. Create multiple smaller Project Boards during the process of Starting up a Project, one for each of the project's stages.
- B. Create user and supplier groups
- C. Appoint corporate quality assurance to perform the Project Assurance role for all members of the Project Board
- D. Create a separate Project Board to manage the supplier elements of the project
Answer: B
Explanation:
To control the size of the Project Board on a project that involves multiple users and suppliers, creating user and supplier groups is an effective strategy. These groups can represent broader interests and provide input to the Project Board, helping to streamline decision-making processes without overloading the board with members. References: PRINCE2 Foundation manual, PRINCE2 official resources
NEW QUESTION # 184
Which of the following statements about the Closing a Project process are true?
1. The Closing a Project process provides a fixed point for the receipt of completed Work Packages for the work performed in the final stage.
2. The Closing a Project process provides a fixed point to review if the objectives set out in the original Project Initiation Documentation have been achieved. Packages for the work performed in the final stage.
- A. Neither 1 or 2 are true
- B. Both 1 and 2 are true
- C. Only 2 is true
- D. Only 1 is true
Answer: C
NEW QUESTION # 185
Which role is responsible for the management of a risk assigned to it?
- A. Project Assurance
- B. Risk owner
- C. Project Support
- D. Risk actionee
Answer: B
NEW QUESTION # 186
Which is one of the six aspects of project performance to be managed?
- A. Efficiency
- B. Timescales
- C. Estimate
- D. Work
Answer: B
Explanation:
One of the six aspects of project performance to be managed according to PRINCE2 is 'timescales'.
Managing timescales involves planning and controlling when products will be delivered and ensuring the project remains within the agreed schedule.References: PRINCE2 7 Foundation Source: PRINCE2 Foundation handbook and online resources
NEW QUESTION # 187
Which role is responsible for the quality of the specialist products delivered in the project?
- A. Senior user
- B. Senior supplier
- C. Project assurance
- D. Executive
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: http://www.fmdconsultants.co.uk/p2_roles_and_responsibilities_v01.docx
NEW QUESTION # 188
Where should decisions regarding the tailoring of the project be recorded?
- A. Project initiation documentation
- B. Project brief
- C. Stage plan
- D. Project mandate
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 189
The project manager needs to record what will make file Users satisfied with the final product Where should the project manager record this?
- A. Quality register
- B. Project plan
- C. Project product description
- D. Quality management approach
Answer: C
Explanation:
The Project Product Description in PRINCE2 is a document where the project manager records specific requirements that must be met for the user to accept the final product, including criteria for user satisfaction.
This document provides a detailed description of the purpose, composition, derivation, and quality criteria of the project's main deliverable or product.References: = PRINCE2 7 Foundation Training Manual and official PRINCE2 website documentation
NEW QUESTION # 190
According to PRINCE2, why might there be more than one business case for a project?
- A. There may be more than one work package being delivered in the project
- B. There may be more than one management stage in the project
- C. The project may be in a programme environment
- D. The project may be in a commercial environment with a number of suppliers
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: https://www.prince2primer.com/prince2-practitioner-questions-answers-business-case/
NEW QUESTION # 191
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