A. To enable identification of risks and their impact B. To identify the quality expectations of the customer C. Used to document details of how and when benefit reviews will be undertaken D. Used to document the justification for undertaking the project
D. Used to document the justification for undertaking the project
Question 2:
Which product should define how the budget for responding to potential threats and opportunities will be used?
A. Risk Management Strategy B. Risk Register C. Issue Register D. Project Plan
A. Risk Management Strategy
Question 3:
Which statement about project roles is CORRECT?
A. Only the roles defined in PRINCE2 may be used to fulfil project responsibilities B. All the roles defined in PRINCE2 must be used, but other roles may be added C. The project board roles defined in PRINCE2 must be used, but other roles can be defined as required D. Any role can be defined as required, provided the responsibilities defined in PRINCE2 are fulfilled
D. Any role can be defined as required, provided the responsibilities defined in PRINCE2 are fulfilled
Question 4:
Which best describes a stakeholder?
A. Only those people internal to the project team B. Anyone that may affect the project C. Anyone that can affect, be affected by, or perceive to be affected by an initiative D. Someone who has a financial interest/stake in an initiative
C. Anyone that can affect, be affected by, or perceive to be affected by an initiative
Question 5:
Which PRINCE2 integrated element includes the good practices which determine whether a project is genuinely being managed using PRINCE2?
A. Principles B. Processes C. Tailoring PRINCE2 to the project environment D. Themes
A. Principles
Question 6:
When is the 'controlling a stage' process USUALLY first used?
A. At the end of the first stage after initiation B. During the 'starting up a project' process C. During the 'initiating a project' process D. After the project board has authorized the project
D. After the project board has authorized the project
Explanation/Reference:
The Controlling a Stage process is normally first used after the project board authorizes the project.
Which is an advantage of applying the ‘focus on products’ principle?
A. It enables the setting of variance to agreed quality criteria B. It enables suppliers to determine project acceptance criteria C. It reduces the risk of user dissatisfaction and acceptance D. It reduces the risk of over-delivering project benefits
C. It reduces the risk of user dissatisfaction and acceptance
Question 10:
According to the ‘manage by exception’ principle, which statement about tolerances is CORRECT?
A. Whenever authority is delegated to the project manager, the project board should set tolerances for the stage B. Whenever there is a forecast to exceed a tolerance, it should be escalated to the project board C. Whenever there is a forecast to exceed a tolerance, it should be resolved at the next monthly project board meeting D. Whenever authority is delegated to the team manager, the focus should be on delivering within time and cost tolerances
A. Whenever authority is delegated to the project manager, the project board should set tolerances for the stage
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