PRINCE2 PRINCE2-FOUNDATION Online Practice Questions and Exam Preparation

PRINCE2 PRINCE2-FOUNDATION Online Questions & Answers

• Question 401:

  Identify the missing words in the following sentence. A Change Authority may be given a [?] to enable it to finance new requirements.

  A. change budget
  B. cost tolerance
  C. risk budget
  D. scope tolerance
  A. change budget

• Question 402:

  Which of the following is NOT within the authority of the Project Board?

  A. Trigger premature closure of the project
  B. Setting stage-level tolerance
  C. Authorizing initiation
  D. Continuation where project-level tolerance is forecast to be exceeded
  D. Continuation where project-level tolerance is forecast to be exceeded

• Question 403:

  Why is it necessary to apply the 'defined roles and responsibilities' principle?

  A. Because the people involved in a project should know what is expected of them
  B. Because the project management team should be cross-functional
  C. Because the user and supplier interests should be involved on a need-to-know basis
  D. Because the project manager should represent all the stakeholders of the project
  A. Because the people involved in a project should know what is expected of them

• Question 404:

  What is a purpose of the Project Product Description?

  A. Defines the reporting structure to be used by the project
  B. Provides a reference to find out what the project is about and how it is being managed
  C. Describes what the project has to produce to obtain customer acceptance
  D. Provides input to the creation of the project mandate
  C. Describes what the project has to produce to obtain customer acceptance

• Question 405:

  What is the purpose of a change budget?

  A. To correct any errors found in products produced by suppliers
  B. To pay for any increase in scope
  C. To implement risk actions, such as fallback plans
  D. To supplement any cost tolerance being exceeded
  B. To pay for any increase in scope

• Question 406:

  Which of the following best defines a project output?

  A. The information required for decision-making purposes
  B. The measurable improvement resulting from an outcome
  C. The result of the change derived from using the project's outputs
  D. Any one of the project's specialist products
  D. Any one of the project's specialist products

• Question 407:

  Which is a purpose of the Managing a Stage Boundary process?

  A. Provide the Project Board with sufficient information for approving the next stage
  B. Approve the next Stage Plan
  C. Review and close any risks and issues identified during the previous stage
  D. Control the link between the ProjectManager and the Team Manager(s)
  A. Provide the Project Board with sufficient information for approving the next stage

• Question 408:

  Where would a Team Manager find information regarding the specific quality required for a product?

  A. Product Description
  B. Quality Register
  C. Quality Management Strategy
  D. Checkpoint Report
  A. Product Description

• Question 409:

  Which best describes the purpose of a Benefits Review Plan?

  A. Used to define how and when a measurement of the project's benefits can be made
  B. Documents the justification for undertaking the project, based on estimated costs, the benefits to be gained and offset by any associated risks
  C. Provides all the right infiormation for decisions to be made regarding continued business justification
  D. Describes only those benefits to be delivered during the project
  A. Used to define how and when a measurement of the project's benefits can be made

• Question 410:

  Which is a benefit of having a clear end to a project?

  A. It allows the project board to assess the project's ongoing viability
  B. It allows a one off review of the project's benefits by the project board
  C. It enables any unachieved goals to be completed before closure
  D. It enables all unachieved goals to be identified for future action
  D. It enables all unachieved goals to be identified for future action

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  Explanation/Reference:

  The clear end to the project also provides an opportunity to ensure that all unachieved goals and objectives are identified so that they can be addressed in the future. Reference: https://www.greycampus.com/opencampus/prince-2-foundation/introduction-on-closing-a- project-process-in-prince2