Last Updated on March 16, 2022 by Admin 3

PRINCE2 FD : Foundation : Part 14

  1. What is a goal of the ‘implement’ step within the recommended risk management procedure?

    • To prepare specific management responses to identified risks
    • To monitor the effectiveness of actioned risk responses
    • To estimate the risk to the project in terms of probability and impact
    • To communicate information related to the risks faced by the project
  2. Identify the missing words in the following sentence.

    Project assurance personnel [ ? ] the project manager.

    • are able to overturn the decisions of
    • must be accountable to
    • should support
    • report to the project board and
  3. Which principle helps to ensure that all changes to the outputs are agreed?

    • Defined roles and responsibilities
    • Focus on products
    • Learn from experience
    • Manage by exception
  4. Identify the missin3g word in the following sentence.

    [ ? ] is the measurable decline resulting from a negative outcome.

    • An exception
    • A dis-benefit
    • An off-specification
    • A risk
  5. How does PRINCE2 ensure that the specific management needs of an organization are met?

    • By incorporating tailoring
    • By mandating training
    • By focusing on viability
    • By representing best practice
  6. What is an advantage of applying the ‘manage by stages’ principle?

    • The PRINCE2 method can be used for any type of project
    • The project delivers benefits that are aligned with strategic objectives
    • The project has decision points so that it does not run on in an uncontrolled manner
    • Tolerances can be defined for delegated authority
  7. In which process does the project manager monitor the work assigned to a team manager?

    • Controlling a stage
    • Directing a project
    • Managing a stage boundary
    • Managing product delivery
  8. Which is a responsibility of the project board?

    • To manage the team managers and project support
    • To ensure production of the project’s outputs
    • To ensure effective communication with external stakeholders
    • To implement the change control approach

    Explanation:

    Reference: http://prince2.wiki/Organization#Project_Board

  9. What should be recorded in a quality register?

    1. Activities to ensure the products are fit for purpose

    2. Identified threats and opportunities

    3. Problems and concerns to be managed informally

    4. Roles responsible for reviewing the project’s products

    • 1 and 2
    • 2 and 3
    • 3 and 4
    • 1 and 4
  10. Which is a minimum requirement for applying the organization theme?

    • The project’s approach to engaging with its stakeholders must be defined
    • Roles must be combined to reduce the number of individuals needed on the project
    • During a procurement the senior supplier must be appointed from the customer organization
    • The project team must change at each end stage of the project life cycle
  11. What is the minimum number of management stages required by PRINCE2?

    • Two stages: to initiate and to deliver the project
    • One stage: to cover the whole project
    • Three stages: to initiate, to deliver and to close the project
    • Four stages: to start, to initiate, to deliver and to close the project
  12. Which statement about applying the ‘tailor to suit the project’ principle is CORRECT?

    • Applying the ‘tailor to suit the project’ principle is optional
    • Decisions about tailoring PRINCE2 should be proactive
    • Project assurance should define the tailoring of PRINCE2
    • PRINCE2 provides a step by step process for tailoring
    Explanation:

    PRINCE2 tailoring requires the project board and the project manager to make proactive choices and decisions on how it will be applied.

    Reference: https://www.prince2primer.com/tailoring-prince2-2017-processes-and-themes/

  13. Why is it necessary to apply the ‘defined roles and responsibilities’ principle?

    • Because the people involved in a project should know what is expected of them
    • Because the project management team should be cross-functional
    • Because the user and supplier interests should be involved on a need-to-know basis
    • Because the project manager should represent all the stakeholders of the project
  14. According to the ‘continued business justification’ principle, when is a justifiable reason for a project FIRST needed?

    • After the executive has been appointed
    • When authorized by the corporate, programme management or the customer
    • Before work to start the project commences
    • When an organization produces its business plans
    Explanation:
    Reference: http://prince2.wiki/Continued_business_justification
  15. What is the change authority role permitted to authorize?

    • Risks to the project
    • Adjustments to the limits on the change budget
    • Changes to stage tolerance
    • Changes to the project that do not exceed a defined budget
  16. Which is a minimum requirement for applying the change theme?

    • To identify whether an issue affects the continuation of the project
    • To ensure each change is managed as an exception
    • To produce a breakdown of the products to be produced
    • To tailor all changes to improve the quality of the project
  17. Identify the missing words in the following sentence.

    The six aspects of project performance to be managed are [ ? ] costs, timescales and scope.

    • benefits, change, risk,
    • benefits, quality, risk,
    • change, quality, risk,
    • benefits, change, quality,
    Explanation:
    Reference: http://prince2.wiki/Introduction:_The_PRINCE2_Foundation_Training_Manual
  18. Which is a purpose of the quality theme?

    • To check that the project is viable and achievable
    • To ensure that the project outputs are agreed
    • To ensure that formal issues are recorded
    • To enable the project to be managed according to plan
  19. What should the benefits management approach define?

    • What actions will be taken to ensure the project’s outcomes are achieved
    • What will be used to record the effectiveness of the project’s approaches
    • How the project has progressed against its plans
    • The suitability of the project management team structure
  20. Who is responsible for documenting any tailoring of the business case theme?

    • Executive
    • Business project assurance
    • Project manager
    • Corporate management