Last Updated on March 16, 2022 by Admin 3

PRINCE2 FD : Foundation : Part 10

  1. Which role represents the stakeholders who will operate the project’s products after the project is complete?

    • Executive
    • Senior supplier
    • Senior supplier
    • Project manager

    Explanation:

    Reference: http://p2.tech-academy.co.uk/organisation/

  2. Which PRINCE2 principle ensures that the business, user and supplier stakeholder interests are engaged?

    • Manage by exception
    • Learn from experience
    • Tailor to suit the project environment
    • Defined roles and responsibilities
    Explanation:
    Reference: https://www.wrike.com/blog/project-management-basics-prince2-explained/
  3. Which is a minimum requirement for applying the organization theme?

    • Each member of the project management team must have a written role description
    • The roles of the project management team must be combined, wherever possible
    • The project manager must be appointed from the supplier organization
    • The frequency of communication to the project’s stakeholders must be documented
    Explanation:
    Reference: http://prince2.wiki/Themes#Organization_Theme
  4. Which statement about time-driven controls is CORRECT?

    • Time-driven controls are used for monitoring the progress of work packages and management stages
    • Time-driven controls take place when specific events happen
    • Time-driven controls are produced at the end of a stage
    • An exception report is a time-driven control
    Explanation:
    Reference: http://prince2.wiki/Progress#Event-Driven_and_Time-Driven_Controls
  5. How does the project plan help to support the ‘manage by stages’ principle?

    • By identifying the customer’s quality expectations
    • By defining products to ensure they are fit for purpose
    • By identifying the major control points and milestones
    • By estimating the timescales and costs of the project
    Explanation:
    Reference: http://prince2.wiki/Manage_by_stages
  6. Which is a factor when deciding the duration of a management stage?

    • The work packages to be delivered
    • The level of risk in the project
    • The cost of the stage
    • The number of products to be produced in the project
    Explanation:
    Reference: https://www.prince2primer.com/the-design-of-prince2-management-stages/
  7. What information about benefits management must be documented to meet the minimum requirements for applying the business case theme?

    • The senior user’s responsibilities for realizing benefits
    • Statements of actual versus forecast benefits at reviews
    • The management actions needed to ensure benefits are realized
    • No specific documents related to benefits are necessary
  8. According to PRINCE2, why might there be more than one business case for a project?

    • There may be more than one management stage in the project
    • The project may be in a commercial environment with a number of suppliers
    • There may be more than one work package being delivered in the project
    • The project may be in a programme environment
    Explanation:
    Reference: https://www.prince2primer.com/prince2-practitioner-questions-answers-business-case/
  9. What is a benefits management approach used to assess?

    • How the project’s products have performed when in operational use
    • The effectiveness of the project strategies
    • How the project has progressed against its plans
    • The suitability of the project management team structure
    Explanation:
    Reference: https://mplaza.pm/prince2-benefits-management-approach-template/
  10. Why is the ‘initiating a project’ process used?

    • To decide which project approach is suitable for the project
    • To fully understand how the project objectives will be achieved before committing significant resources
    • To produce the required work packages
    • To enable corporate or programme management to give authorization to deliver a project
    Explanation:
    Reference: https://www.whatisprince2.net/prince2-process-initiating-a-project.php
  11. Which is a purpose of the ‘managing a stage boundary’ process?

    • To enable the project board to approve the continuation of the project
    • To exercise overall control over the project while delegating day-to-day management
    • To assign work to be controlled by the team manager
    • To define the work that needs to be done to deliver the project product
    Explanation:
    Reference: http://prince2.wiki/Managing_a_Stage_Boundary#Objective
  12. Which product identifies how often stakeholders require information?

    • Communication management approach
    • Quality management approach
    • Change control approach
    • Risk management approach
    Explanation:
    Reference: http://prince2.wiki/Communication_Management_Strategy_Template#Content_of_the_Communication_Management_Strategy_Document
  13. 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

    • 1 and 2
    • 2 and 3
    • 3 and 4
    • 1 and 4
    Explanation:
    Reference: https://www.whatisprince2.net/prince2-theme-quality.php
  14. What is performed as part of the recommended risk management procedure?

    • A budget to investigate issues is allocated
    • Risk management practices are reviewed to ensure that they are performed effectively
    • Information about risks to the projects is sent to project stakeholders
    • Conflicts between the project and the programme board are resolved
    Explanation:
    Reference: https://www.greycampus.com/opencampus/prince-2-foundation/prince2-risk-management-procedure
  15. Within which integrated element does PRINCE2 set minimum requirements?

    • Themes
    • Processes
    • Principles
    • Project environment
  16. Which is a purpose of the ‘controlling a stage’ process?

    • To produce a team plan for the work to be assigned to a team manager
    • To select and implement actions that will resolve deviations from a plan within tolerance
    • To obtain approvals for products delivered in a work package
    • To update a project plan to incorporate the actuals from a stage plan
    Explanation:
    Reference: http://prince2.wiki/Controlling_a_Stage#Purpose
  17. Which is a purpose of a project brief?

    • To act as a base document which enables the project board to assess progress
    • To provide a sound basis for project initiation
    • To define how the achievement of the project’s benefits can be measured
    • To provide a description of the means and frequency of communication
    Explanation:
    Reference:
    http://www.prince2how2.com/2014/12/prince2-project-brief-template.html
  18. Which role is responsible for the quality of the specialist products delivered in the project?

    • Executive
    • Senior user
    • Senior supplier
    • Project assurance
    Explanation:
    Reference: http://www.fmdconsultants.co.uk/p2_roles_and_responsibilities_v01.docx
  19. What must be included in the risk management approach, as a minimum requirement for applying the risk theme?

    • A description of the risk management procedure
    • An explanation of the company’s risk appetite
    • The names of the assigned actionees for each risk
    • Estimations of the likelihood and impact of risks
    Explanation:
    Reference: https://www.prince2primer.com/prince2-2017-risk-theme-changes/
  20. Identify the missing word in the following sentence.

    • activities
    • processes
    • products
    • quality
    Explanation:
    Reference: http://www.innolead.co.bw/index.php/inno-content/cid/27/prince2/