PRINCE2 PRINCE2-FOUNDATION Online Practice Questions and Exam Preparation

PRINCE2 PRINCE2-FOUNDATION Online Questions & Answers

• Question 321:

  Which statement correctly describes the differences between Project Assurance and quality assurance?

  A. Project Assurance provides assurance to the project's stakeholders whereas quality assurance provides assurance to the wider corporate or programme organization
  B. They are both the responsibility of the Project Board, but Project Assurance may be delegated
  C. Quality assurance is internal to the project, whereas Project Assurance is independent of the project
  D. Project Assurance must be independent of the Project Manager, whereas quality assurance is the responsibility of the Project Manager
  A. Project Assurance provides assurance to the project's stakeholders whereas quality assurance provides assurance to the wider corporate or programme organization

• Question 322:

  Which statement describes the Implement' step within the recommended risk management procedure?

  A. Take planned action to respond to a risk
  B. Implement the responsibilities for risks defined in the Risk Management Strategy
  C. Assess the proximity of a risk
  D. Identify the level of risks that can be tolerated by the project
  A. Take planned action to respond to a risk

• Question 323:

  Which is NOT considered when defining risk tolerance?

  A. A Project Board's attitude towards risk taking
  B. The allocated risk budget
  C. An organization's risk appetite
  D. The amount of risk a Project Board considers acceptable
  B. The allocated risk budget

• Question 324:

  Which role ensures that the project outputs comply with the relevant standards?

  A. Senior supplier
  B. Executive
  C. Project support
  D. Senior user
  A. Senior supplier

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  Explanation/Reference:

  Reference: https://blog.goodelearning.com/subject-areas/prince2/prince2-key-terms-the-three-project- interests/

• Question 325:

  Which statement about the length of management stages in a project is CORRECT?

  A. A higher level of major risk will require a stage to be longer
  B. Stage length is influenced by project board availability
  C. A higher level of major risk will require a stage to be shorter
  D. Use of management stages represents a time driven control
  C. A higher level of major risk will require a stage to be shorter

• Question 326:

  The period of time for which it is possible to accurately plan in detail is known as?

  A. The predicting period
  B. The planning horizon
  C. The stable schedule
  D. The panorama plan
  B. The planning horizon

• Question 327:

  Which is NOT represented by one of the three primary categories of stakeholder identified in PRINCE2?

  A. Those with a financial interest in the project
  B. Those who will manage the project on a day-to-day basis
  C. Those who will specify the desired outputs of the project
  D. Those who will create the project's outputs
  B. Those who will manage the project on a day-to-day basis

• Question 328:

  What are characteristics of a project?

  1.

  It is ongoing

  2.

  It introduces change

  3.

  It is unique

  4.

  It is a low risk activity

  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:

  Reference: https://prince.nicholas.mincher.org/pages/project_facts/project_characteristics

• Question 329:

  Which project board decision supports the 'manage by stages' principle?

  A. Authorizing a request for change during a stage
  B. Authorizing implementation of the next delivery stage
  C. Authorizing an exception plan after an exception report
  D. Authorizing a concession following an off-specification
  B. Authorizing implementation of the next delivery stage

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  Explanation/Reference:

  Reference: https://prince2.wiki/principles/manage-by-stages/#:~:text=A%20PRINCE2%20Project%20is% 20planned,%E2%80%9D)%20by%20the%20Project%20Board.andtext=The%20Project%20Board%20has% 20greater,also%20gives% 20them%20more%20work

• Question 330:

  When it is forecast that one or more tolerances are to be exceeded, what should happen first?

  A. The next higher level of management will begin to execute management by exception
  B. The appropriate level of management must refer the matter to the next higher level
  C. The Project Plan will be replaced by a fallback plan
  D. The appropriate level of management will automatically produce and execute an Exception Plan to recover from the deviation without referral
  B. The appropriate level of management must refer the matter to the next higher level