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PRINCE2 Foundation exam is a multiple-choice exam that assesses the candidate's knowledge of the PRINCE2 methodology. It consists of 60 questions that need to be answered in 60 minutes. PRINCE2-Foundation exam is closed book, which means that candidates are not allowed to refer to any study material while taking the exam. The passing score for the PRINCE2 Foundation exam is 55%, which means that candidates need to answer at least 33 questions correctly to pass the exam.
NEW QUESTION # 76
Which process is used by a Team Manager to coordinate work on one or more of the project's products?
- A. Managing a Stage Boundary
- B. Initiating a Project
- C. ManagingProduct Delivery
- D. Controlling a Stage
Answer: C
NEW QUESTION # 77
Which is a responsibility of the managing level within the project management team?
- A. Appoint the project management team
- B. Ensure that the products are produced within the constraints agreed with the Project Board
- C. Approve stage completion
- D. Set project tolerances
Answer: B
NEW QUESTION # 78
Which level of management sets the project level tolerances?
- A. Project board
- B. Team manager
- C. Corporate, programme management or the customer
- D. Project manager
Answer: D
Explanation:
Explanation
Reference http://prince2.wiki/Manage_by_exception
NEW QUESTION # 79
Which is an objective of the Initiating a Project process?
- A. Summarize how the organization's project management method will be tailored for the project
- B. Prepare the plans for the subsequentstages
- C. Develop the corporate quality management system as part of the Project Initiation
Documentation - D. Request authority from corporate management to deliver the project
Answer: A
NEW QUESTION # 80
Why is it crucial that the Project Product Description clearly defines acceptance methods?
- A. Defines how all project products will be reviewed and approved
- B. Provides confirmation that all project products have met their quality criteria
- C. Defines how it will be proven that the completed project product meets the customer's expectations
- D. Enables Project Assurance to authorize quality activities
Answer: C
NEW QUESTION # 81
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 4
- B. 3 and 4
- C. 1 and 2
- D. 2 and 3
Answer: D
Explanation:
The objectives of the 'closing a project' process in PRINCE2 include reviewing whether the project was delivered within time and cost tolerances (2) and confirming whether operational staff are happy to take ownership of the products (3). These objectives ensure the project has met its management expectations and that the product transition to operations is smooth and accepted by relevant stakeholders.References:
PRINCE2 7 Foundation guide on the 'closing a project' process.
NEW QUESTION # 82
Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.
- A. Share
- B. Reduce
- C. Transfer
- D. Avoid
Answer: A
Explanation:
Section: Volume B
Explanation
NEW QUESTION # 83
Which is a purpose of the 'directing a project' process?
- A. To control the day-to-day running of the project
- B. To create and authorize the project mandate
- C. To ensure that work on products allocated to the team is authorized and agreed
- D. To delegate day-to-day management of the project to the project manager
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: https://www.prince2primer.com/directing-a-project-in-prince2/
NEW QUESTION # 84
Which describes a time-driven control?
- A. The dates for the project's end stage assessment included in the project plan
- B. The expected dates for planned checks of specialist products included in a stage plan
- C. The expected frequency of progress reports specified in a work package
- D. The planned exception assessment meeting to authorize a requested exception plan
Answer: C
Explanation:
A time-driven control is defined as a monitoring system that is based on a fixed time interval, such as weekly or monthly progress reports. The expected frequency of progress reports specified in a work package represents a time-driven control, where updates are required at predefined intervals irrespective of the state of the project at those times.
= PRINCE2 7 Foundation handbook and online resources
NEW QUESTION # 85
Which is a minimum requirement for applying the business case theme?
- A. To provide statements of actual benefits at benefits reviews
- B. To define the actions required to confirm the project's benefits are realized
- C. To report on project performance at project closure
- D. To monitor changes to the project plan to identify exceptions
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: https://www.whatisprince2.net/prince2-theme-business-case.php
NEW QUESTION # 86
What is the project manager role responsible for?
- A. Approving the completion of each management stage
- B. Verifying that the project gives value for money
- C. Defining the project-level tolerances
- D. Ensuring that the project produces the required products
Answer: D
Explanation:
Explanation/Reference:
Reference http://prince2.wiki/Project_Manager
NEW QUESTION # 87
Identify the missing words in the following sentence. A purpose of the Plans theme is to [ ? ] the project's plans.
- A. summarize the results of the quality activities performed on
- B. define the project benefits to be achieved by each of
- C. provide a framework to design, develop and maintain
- D. define a coding system to provide a unique identifier for the products within
Answer: C
NEW QUESTION # 88
Which is a responsibility of a risk owner?
- A. Own and authorize the use of the risk budget to fund risk responses
- B. Manage, monitor and control all aspects of an assigned risk
- C. Determine project risk appetite
- D. Identify risks to the project that might occur in their department
Answer: B
Explanation:
The responsibility of a risk owner in PRINCE2 involves managing, monitoring, and controlling all aspects of the risk they are assigned. This includes ensuring appropriate risk responses are planned and implemented effectively. References: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.
NEW QUESTION # 89
What is described as an organization's unique attitude towards risk taking
- A. Risk evaluation
- B. Risk tolerance
- C. Risk appetite
- D. Risk management
Answer: C
Explanation:
An organization's unique attitude towards risk-taking is described as its 'Risk appetite'. Risk appetite defines the level and type of risk that an organization is willing to pursue or retain. This concept is critical in guiding how risks are managed across projects, as it influences decision-making and strategy regarding risk exposure.
PRINCE2 7 Foundation study guide and official documents.
NEW QUESTION # 90
Who carries out audits that are independent of the project?
- A. Project Assurance
- B. Project Support
- C. Project Manager
- D. Quality assurance
Answer: D
NEW QUESTION # 91
According to PRINCE2, which characteristic is necessary for an effective project board?
- A. A calm management style
- B. An attention to detail
- C. A 'problem-solving' approach
- D. An ability to delegate
Answer: D
Explanation:
Explanation
Reference https://www.prince2primer.com/project-board/
NEW QUESTION # 92
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