PRINCE2-Foundation Free Update With 100% Exam Passing Guarantee [2021]
[Oct-2021] Verified PRINCE2 Exam Dumps with PRINCE2-Foundation Exam Study Guide
NEW QUESTION 52
What is a purpose of a Benefits Review Plan?
- A. Provide details of the time and effort needed to carry out the planned benefits reviews
- B. Give a detailed analysis of only those benefits that were realized before the project closed
- C. Document the justification for undertaking the project, based on the estimated costs versus the anticipated benefits
- D. Provide information regarding unfinished work to the group which will support the project's products in their operational life
Answer: A
NEW QUESTION 53
Why is a Project Brief produced?
- A. To record the strategies and management controls to be used by a project
- B. To be used by the Project Board as a basis for reviewing the progress of a project
- C. To provide a full and firm foundation for the initiation of a project
- D. To act as a trigger for the Starting up a Project process
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION 54
Which characteristic of a project reflects that there are different perspectives and motivations for customers and suppliers?
- A. Risk
- B. Unique
- C. Cross-functional
- D. Change
Answer: C
NEW QUESTION 55
Which is NOT a requirement of a Stage Plan?
- A. Approved at the end of a management stage
- B. Produced near to the end of the previous management stage
- C. Approved and signed-off by Project Assurance
- D. Produced to an appropriate level of detail to enable day-to-day control
Answer: C
NEW QUESTION 56
Which is a purpose of the change theme?
- A. To identify, assess and control any potential and approved changes to baselined products
- B. To assess and control uncertainty
- C. To prevent change to baselined products
- D. To establish mechanisms to monitor and compare actual achievements against those planned
Answer: A
Explanation:
Explanation
Reference
https://www.greycampus.com/opencampus/prince-2-foundation/introduction-on-prince2-change-theme
NEW QUESTION 57
Which is a typical core activity within configuration management?
- A. Risk management
- B. Verification and audit
- C. Quality assurance
- D. Progress reporting
Answer: B
Explanation:
Section: Volume A
NEW QUESTION 58
Why does PRINCE2 recommend three different levels of plans?
- A. As an allowance for initiation, product delivery and project closure
- B. To match the different aspects of the product-based planning technique
- C. To provide appropriate detailto each of the different levels of management within the project
- D. To cover initiation, specialist work and exception situations
Answer: C
NEW QUESTION 59
During the Managing a Stage Boundary process what product is updated with estimated costs and time for the stage that is about to begin?
- A. End Stage Report
- B. Team Plan
- C. Project Plan
- D. Work Package
Answer: C
NEW QUESTION 60
From whom does a Team Manager obtain approval for a completed product?
- A. The authority defined in the Product Description
- B. Senior Supplier
- C. Project Support
- D. Project Manager
Answer: A
NEW QUESTION 61
Which is a minimum requirement for applying the organization theme?
- A. To include external stakeholders on the project board
- B. To define the experience required for each project role
- C. To train project team members in the use of PRINCE2
- D. To document the project management team structure
Answer: D
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Themes#Organization_Theme
NEW QUESTION 62
What does the communication management approach define?
1. How versions of products will be described on information sent to interested parties
2. How information should be sent to interested parties
3. How often information should be sent to interested parties
4. How the PRINCE2 roles will be combined during the project
- A. 1 and 4
- B. 2 and 3
- C. 1 and 2
- D. 3 and 4
Answer: B
NEW QUESTION 63
If a project's benefit tolerance is forecast to be exceeded, to whom should this be escalated to for a decision?
- A. Corporate/programme management
- B. Senior User
- C. Senior Supplier
- D. Executive
Answer: A
NEW QUESTION 64
How does the use of product descriptions support the 'focus on products' principle?
- A. By documenting the delivery date for the product
- B. By documenting the scope tolerance for the project
- C. By documenting the quality expected by the customer
- D. By documenting the costs for the product
Answer: C
Explanation:
Explanation/Reference:
Reference http://prince2.wiki/Focus_on_products
NEW QUESTION 65
Which describes a risk event?
- A. The sequence of events and actions that will be put in place if a risk occurs
- B. The achievement of a milestone on the Project Plan
- C. The area of uncertainty in terms of the threat or opportunity
- D. The derivation or sources of a potential risk to the project
Answer: C
NEW QUESTION 66
Which is a task of product-based planning?
- A. Identify activities and dependencies
- B. Prepare the Work Packages
- C. Write the Project Product Description
- D. Produce Product Status Accounts
Answer: C
NEW QUESTION 67
Which is a minimum requirement for applying the organization theme?
- A. Each member of the project management team must have a written role description
- B. The frequency of communication to the project's stakeholders must be documented
- C. The project manager must be appointed from the supplier organization
- D. The roles of the project management team must be combined, wherever possible
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Themes#Organization_Theme
NEW QUESTION 68
Which is a benefit of using PRINCE2?
- A. Can be tailored by leaving out elements of the method for some projects
- B. Can be applied to any type of project
- C. Enables the management of projects as well as of 'business as usual' activities
- D. Avoids the need to involve corporate or programme management
Answer: B
NEW QUESTION 69
Which risk response type is a recommended response to both an opportunity and a threat?
- A. Reject
- B. Reduce
- C. Share
- D. Avoid
Answer: C
NEW QUESTION 70
In which product does a Project Manager define the time and cost tolerances for the work to be done by a Team Manager?
- A. Team Plan
- B. Work Package
- C. Product Description
- D. Stage Plan
Answer: B
Explanation:
Section: Volume A
NEW QUESTION 71
According to the 'continued business justification' principle, when is a justifiable reason for a project FIRST needed?
- A. When an organization produces its business plans
- B. Before work to start the project commences
- C. When authorized by the corporate, programme management or the customer
- D. After the executive has been appointed
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Continued_business_justification
NEW QUESTION 72
Which are purposes of the quality theme?
1. To implement continuous improvement during the project
2. To establish how the project will ensure that products created will be acceptable to key stakeholders
3. To ensure that the project is desirable and achievable
4. To identify, assess and control uncertainty
- A. 1 and 4
- B. 2 and 3
- C. 1 and 2
- D. 3 and 4
Answer: B
Explanation:
Explanation
Reference https://www.whatisprince2.net/prince2-theme-quality.php
NEW QUESTION 73
Which should be funded by a change budget?
- A. Increase in agreed scope
- B. Increase in agreed scope
- C. Handover activities
- D. Increase in agreed scope
Answer: D
NEW QUESTION 74
Which is a purpose of the Risk theme?
- A. Establish mechanisms to control any unacceptable deviations from plan
- B. Establish a procedure to ensure every change is agreed by the relevant authority before it takes place
- C. Establish mechanisms to manage risks at the corporate or programme level of an organization
- D. Establish a cost-effective procedure to identify, assess and control uncertainty
Answer: D
NEW QUESTION 75
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