Which TWO are objectives of the ‘closing a project’ process?
1.
To confirm to the project board that each stage's products are approved
2.
To review whether the project was delivered within time and cost tolerances
3.
To confirm whether operational staff are happy to take ownership of the products
4.
To confirm that there is authority to close the project
A. 1 and 2
B. 2 and 3
C. 3 and 4
D. 1 and 4
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
The project manager needs to monitor the progress of the stage.
Which combination of management products should the project manager review?
A. Checkpoint reports AND work package descriptions
B. Project plan AND project log
C. Project plan AND work package descriptions
D. Highlight report AND checkpoint report
Identify the missing word in the following sentence:
[ ? ] is a prediction made by studying historical data and past patterns.
A. A forecast
B. A project baseline
C. An exception
D. A highlight report
What should set the expected success level for benefits, time, cost, quality, scope, sustainability and risk?
A. Performance target
B. Project baseline
C. Integrated elements
D. Project context
Which role is responsible for focusing on the safety and well-being of the project team?
A. Project executive
B. Project board
C. Project manager
D. Team manager
Which term is defined as being achieved as a result of the activities undertaken to facilitate the change?
A. Outcome
B. Benefit
C. Output
D. Request for change
What does qualitative analysis of a risk assess, as a minimum?
A. How soon each risk might occur
B. The fallback plan for each risk
C. The likelihood and the effect of each risk on objectives
D. The speed with which the effect of each risk will be felt
Which should provide guidance on how and when prototyping is to be used?
A. Product description
B. Quality management approach
C. Quality register
D. Sustainability management approach
When should the project baseline be updated in order to meet the purpose of the ‘issues’ practice?
A. When a request for change is recorded on the issue register
B. When a business opportunity has been recognized
C. When the project manager receives a request for change
D. When a change has been approved by the change authority
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only PRINCE2 exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your PRINCE2-FOUNDATION exam preparations and PRINCE2 certification application, do not hesitate to visit our Vcedump.com to find your solutions here.