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PRINCE2 (PRojects IN Controlled Environments) is a globally recognized project management framework that provides a structured approach for successful project delivery. The PRINCE2 Foundation certification is an entry-level qualification that validates an individual's understanding of the key concepts and principles of PRINCE2. The PRINCE2 Foundation exam is designed to test the candidate's knowledge of the framework and their ability to apply it in a real-world scenario.
NEW QUESTION # 67
Which statement about time-driven controls is CORRECT?
- A. Time-driven controls take place when specific events happen
- B. An exception report is a time-driven control
- C. Time-driven controls are produced at the end of a stage
- D. Time-driven controls are used for monitoring the progress of work packages and management stages
Answer: D
Explanation:
Reference http://prince2.wiki/Progress#Event-Driven_and_Time-Driven_Controls
NEW QUESTION # 68
Upon what environment is PRINCE2 based?
- A. Customer/supplier
- B. Operational
- C. Configuration
- D. Programme
Answer: A
NEW QUESTION # 69
Which is NOT a type of issue?
- A. A problem/concern
- B. A constraint
- C. An off-specification
- D. A request for change
Answer: B
NEW QUESTION # 70
Which describes a risk effect?
- A. The issue which is affecting the project and has resulted in a risk
- B. The impact(s) on the project objectives should the threat or opportunity occur
- C. The change in the statusof a risk in response to actions taken to control it
- D. The uncertainty expressed as a negative or favourable occurrence
Answer: B
NEW QUESTION # 71
Which is a type of issue?
- A. A risk with an estimated high impact
- B. An Exception Report
- C. A lesson
- D. A request for change
Answer: D
NEW QUESTION # 72
Which is a purpose of a Lessons Log?
- A. Note any lessons that are raised in Checkpoint Reports
- B. Escalate lessons to the Project Board
- C. Record that corrective action is being taken
- D. Raise improvements with Project Assurance
Answer: A
Explanation:
Section: Volume B
NEW QUESTION # 73
Which statement describes the Implement' step within the recommended risk management procedure?
- A. Identify the level of risks that can be tolerated by the project
- B. Assess the proximity of a risk
- C. Take planned action to respond to a risk
- D. Implement the responsibilities for risks defined in the Risk Management Strategy
Answer: C
NEW QUESTION # 74
Which of the following take place before the initiation of a project?
1 . Appoint the Executive
2 . Capture requirements
3 . Develop the Project Brief
4 . Develop the detailed Business Case
- A. 2, 3, 4
- B. 1, 2, 3
- C. 1, 3, 4
- D. 1, 2, 4
Answer: B
NEW QUESTION # 75
According to the 'defined roles and responsibilities' principle, how many categories of stakeholder interest need to be represented in the project management team?
- A. Three
- B. Six
- C. One
- D. Two
Answer: A
Explanation:
Reference: https://p2.tech-academy.co.uk/organisation/
NEW QUESTION # 76
A product can NOT be supplied to meet all of the requirements in its baselined Product Description. What first action should be taken?
- A. Raise a request for change
- B. Amend the Work Package
- C. Raise an off-specification
- D. Write an Exception Report
Answer: C
Explanation:
Section: Volume A
Explanation
NEW QUESTION # 77
Which is a purpose of the change theme?
- A. To assess and control uncertainty
- B. To identify, assess and control any potential and approved changes to baselined products
- C. To establish mechanisms to monitor and compare actual achievements against those planned
- D. To prevent change to baselined products
Answer: B
Explanation:
Explanation
Reference
https://www.greycampus.com/opencampus/prince-2-foundation/introduction-on-prince2-change-theme
NEW QUESTION # 78
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. Controlling a Stage
- C. Managing Product Delivery
- D. Initiating a Project
Answer: C
NEW QUESTION # 79
Which statement applies to Stage Plans?
- A. Are produced at the same time as the Project Initiation Documentation
- B. Always have the same duration as the Project Plan
- C. Assist the Project Manager inthe day-to-day running and control of the project
- D. Provide a baseline against which the Project Board monitor overall progress
Answer: C
NEW QUESTION # 80
How should the Team Manager report that tolerances are forecast to be exceeded?
- A. Grant a concession
- B. Raise an issue
- C. Create a Highlight Report
- D. Create an Exception Report
Answer: B
NEW QUESTION # 81
Which is a purpose of an End Project Report?
- A. Review how well the project performed against the Project Initiation Documentation used to authorize it
- B. Identify individuals or groups that are responsible for measuring the expected benefits after the project has closed
- C. Ensure that key project information is archived and made secure
- D. Identify individuals or groups that need to be told that the project is coming to an end
Answer: A
NEW QUESTION # 82
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