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Prince2-Foundation
PRINCE2 7 Foundation written Exam Questions and Answers

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Viewing questions 51-60 out of questions

Questions # 51:

According to the ‘exception management’ technique, when should the team manager raise an issue?

Options:

When the team manager predicts that a product will cause a stage to exceed its time tolerance

When the team manager identifies that a product is going to be delivered late

when the team manager predicts that a product will cause a work package to exceed its time tolerance

when the team manager identifies that the work package has already exceeded its time tolerance

Answer

Explanation

According to the 'exception management' technique, the team manager should raise an issue when they predict that a product will cause a work package to exceed its time tolerance. This proactive approach allows for timely decision-making and corrective action by the Project Board, ensuring that project delivery is kept on track and within the agreed tolerances. References: PRINCE2® methodology and exception management guidance.

Questions # 52:

Which is 3 purpose of the ‘plans! practice?

Options:

To enable an event that requires project management consideration to be controlled

To provide the standards against which the project products can be quality controlled

To provide the basis of control against which a project's progress can be monitored

To enable control of opportunities and threats, that could Impact on delivery of the business objectives

Answer

Explanation

The 'Plans' practice in PRINCE2® is essential for setting up the basis for project control. This includes monitoring, reporting, and responding to project progress in comparison to the planned objectives and outcomes. It ensures that the project stays on track in terms of scope, time, cost, quality, risk, and benefits, and provides a clear mechanism to gauge progress against the initial plan.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

Questions # 53:

Identify the missing word(s) in the following sentence.

The 'controlling a stage' process is used to manage and control each [ ? ] of a project.

Options:

delivery step

benefit

delivery stage

team plan

Answer

Explanation

The 'Controlling a Stage' process in PRINCE2® is used to manage and control each 'delivery stage' of a project. This process focuses on the day-to-day management of the project stages, ensuring that the project remains within its agreed tolerances and effectively addressing issues as they arise.References: PRINCE2® Foundation Manual

Questions # 54:

Who is responsible for documenting any tailoring of the business case theme?

Options:

Executive

Business project assurance

Project manager

Corporate management

Answer

Explanation

In PRINCE2®, the responsibility for documenting any tailoring of the Business Case theme, along with other themes, generally falls to the Project Manager. This includes documenting how the theme is being applied in a particular project context, ensuring the approach remains appropriate and meets the project's requirements.References: PRINCE2® Foundation Manual

Questions # 55:

Which term is defined-as the amount and type or risk that the business is willing to take in pursuit of is objectives?

Options:

Risk appetite

Opportunity

Risk tolerance

Risk cause

Answer

Explanation

Risk appetite is defined as the amount and type of risk that an organization is willing to take in pursuit of its objectives. This concept helps organizations balance the potential benefits of risk-taking with their capability to manage the impact of unfavorable outcomes. References: PRINCE2® training manual and risk management framework.

Questions # 56:

Which is a purpose of the 'controlling a stage' process?

Options:

To review the success of the project at the end of a management stage

To agree work package acceptance and delivery requirements

To produce regular highlight reports for the project board

To re-plan the current stage and the project when requested

Answer

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. Part of this process involves producing regular highlight reports for the project board, which summarizes the stage’s progress, highlights any issues or risks, and keeps the board informed about ongoing activities.References: PRINCE2® Foundation Manual

Questions # 57:

Which is a purpose of the quality theme?

Options:

To establish how the project will ensure that all products created meet their requirements

To establish baselines against which any changes to products can be assessed

To identify all the products of the project to ensure the scope has been adequately defined

To determine the communication needs of the organization’s quality assurance function

Answer

Explanation

The purpose of the quality theme in PRINCE2® is to define and implement the means by which the project will ensure that all products are fit for purpose and meet their requirements. This theme is essential for planning, designing, developing, and delivering products that satisfy the customer's expectations and standards defined for the project.References: = PRINCE2® 7 Foundation handbook and online resources

Questions # 58:

When is the 'managing a stage boundary' process used?

Options:

Immediately alter the project board has authorized the previous stage

Immediately after the project board has authorized the next stage

Near the end of each stage

Near the end of delivery stages

Answer

Explanation

The 'Managing a Stage Boundary' process is used near the end of each stage of a project. This process includes the review of the current stage, preparation for the project board to authorize the next stage, updating a project plan, and, if necessary, updating the business case and project initiation documentation.References: = PRINCE2® 7 Foundation handbook and online resources

Questions # 59:

When tailoring PRINCE2 to suit the project, [?] may be changed to suit other standards or policies.

Options:

Defined acceptance criteria

the PRINCE2 principles

the terminology used

the number of themes applied

Answer

Explanation

When tailoring PRINCE2 to suit the project environment, changes can be made to the terminology used to better align with the organization’s existing standards, policies, or practices. This helps in integrating PRINCE2 within the organization more seamlessly without altering the core principles and themes which are foundational to the methodology's effectiveness. References: PRINCE2 Foundation Guide, Tailoring PRINCE2 section

Questions # 60:

Who are considered as the stakeholders in a project?

Options:

Only those benefitting the project

Everyone in the corporate organization

Everyone involved in or affected by the project

Only those who are users of the products

Answer

Explanation

In PRINCE2®, stakeholders of a project are defined as all individuals or groups that are either involved in, affected by, or can affect the project's outcomes. This broad definition ensures that the project management considers all relevant perspectives and interests, which can impact the project's success.References: = PRINCE2® 7 Foundation handbook and online resources

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