PRINCE2 PRINCE2-FOUNDATION Online Practice Questions and Exam Preparation

PRINCE2 PRINCE2-FOUNDATION Online Questions & Answers

• Question 1101:

  Which of the following are tasks carried out as part of product-based planning?

  1.

  Write a Project Product Description.

  2.

  Identify activities and dependencies

  3.

  Create a product breakdown structure.

  4.

  Create a product flow diagram

  A. 1,3,4
  B. 1,2,3
  C. 2,3,4
  D. 1,2,4
  A. 1,3,4

• Question 1102:

  What is a purpose of the Risk Management Strategy?

  A. Describes in detail each risk identified in the project and how each risk should be managed
  B. Describes how each risk owner and risk actionee will manage and fund the actions to mitigate each risk
  C. Describes the risk response actions taken to mitigate the project's risks
  D. Describes the techniques and standards to be applied and the responsibilities for achieving effective risk management procedures
  D. Describes the techniques and standards to be applied and the responsibilities for achieving effective risk management procedures

• Question 1103:

  Which statements about a lessons report are CORRECT?

  1.

  It is used to pass on lessons that may be applied to other projects

  2.

  It can be produced at any time during the project

  3.

  it identifies when post-project benefits reviews will be held

  4.

  It provides the information needed to update the lessons log

  A. 1 and 2
  B. 2 and 3
  C. 3 and 4
  D. 1 and 4
  B. 2 and 3

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  Explanation/Reference:

  The Lessons Report (or Lessons Learned Report) is used to document lessons that might be of value to future projects. Lessons Report can be created at any time in a project so you don't have to wait until the of the project.

  Reference: https://prince2.wiki/management-products/lessons-report/

• Question 1104:

  Why does the project board review the PID during an end stage assessment?

  A. To confirm that project controls are adequate for the remainder of the project
  B. To notify the commissioning organization that the project has been authorized
  C. To review summarized progress to date and decide what to do next with the project
  D. To ensure that post project reviews of operational performance are planned
  C. To review summarized progress to date and decide what to do next with the project

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  Explanation/Reference:

  The purpose of an end stage assessment it is to provide the project board with sufficient information to make an informed choice about whether to proceed with the project or not. Reference: https://www.prince2primer.com/report-end-stage/

• Question 1105:

  Identify the missing word from the following sentence... PRINCE2 uses the term [ ? ] to cover any relevant event that has happened, was not planned, and requires management action?

  A. Risk
  B. Change
  C. Issue
  D. Exception
  C. Issue

• Question 1106:

  Which is a minimum requirement for applying the change theme?

  A. To establish a change budget to fund changes in scope
  B. To appoint the project manager as part of the change authority
  C. To define the project's approach to baselining products
  D. To record every issue that is raised in the issue register
  C. To define the project's approach to baselining products

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  Explanation/Reference:

• Question 1107:

  Why is a Project Brief produced?

  A. To act as a trigger for the Starting up a Project process
  B. To record the strategies andmanagement controls to be used by a project
  C. To provide a full and firm foundation for the initiation of a project
  D. To be used by the Project Board as a basis for reviewing the progress of a project
  C. To provide a full and firm foundation for the initiation of a project

• Question 1108:

  Which role does NOT set tolerances?

  A. Corporate or programme management
  B. Project Board
  C. Change Authority
  D. Project Manager
  C. Change Authority

• Question 1109:

  Which is an objective of the Controlling a Stage process?

  A. Prepare a Stage Plan for the next stage
  B. Obtain approvals for completed products
  C. Prevent scopecreep' by monitoring products for uncontrolled change
  D. Make arrangements to address all open issues and risks, with follow-on action recommendations
  C. Prevent scopecreep' by monitoring products for uncontrolled change

• Question 1110:

  Which of the following statements about quality assurance and Project Assurance is true?

  A. Project Assurance is the responsibility of the corporate organization; quality assurance is the responsibility of the Project Board
  B. Project Assurance is independent of the Project; qualityassurance is only independent of the Project Manager
  C. Project Assurance may be delegated within a project; quality assurance must be undertaken by the Project Board
  D. Project Assurance ensures compliance to standards within the project environment; quality assurance ensures compliance across the organization
  D. Project Assurance ensures compliance to standards within the project environment; quality assurance ensures compliance across the organization