25 December, 2021

Top Tips Of Far Out PRINCE2-Foundation Answers

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Total 296 questions Full Exam Access

Question 1

- (Topic 3)
Which is a purpose of the Closing a Project process?

Authorize the final stage of the project

Confirm that all benefits defined in the Business Casehave been achieved

Recognize whether objectives set out in the original Project Initiation Documentation have been achieved

Delegate day-to-day management of the end of the project to the Project Manager

Question 2

- (Topic 3)
Which is a purpose of an Issue Report?

Provide the status of all issues in a Work Package

Document an issue that needs to be handled formally

Provide the status of all the issues in a stage

Notify the Project Manager of all new issues in a Work Package

Question 3

- (Topic 3)
Why would the Project Manager escalate an issue to the Project Board?

The Project Board is responsible for determining the priority of all issues

Direction is required on the best response for preventing the issue from occurring

The issue is forecast to cause a deviation beyond stage tolerance and advice is required

Escalating issues is a means of providing the Project Board with a regular update on their status

Question 4

- (Topic 3)
What product is used to maintain a record of those who have an interest in the project and their information requirements?

Project Plan

Communication Management Strategy

Project Brief

Project Product Description

Question 5

- (Topic 1)
Which is a purpose of a Product Description?

Provide the cost tolerance available for individual products

Define reporting frequency

Record the quality checks completed for the End Stage Report

Document the level of quality required of a product

Question 6

- (Topic 4)
Which should be provided by corporate or programme management before the Starting up a Project process commences?

A Project Brief

Sufficient information to identify the prospective Executive

The Project Initiation Documentation

Authority to initiate a project

Question 7

- (Topic 2)
Which is a purpose of a Risk Register?

Capture risks that may occur during the project

Record how risk management activities will be undertaken on the project

Record the risk tolerance for the project

Capture issues which are impacting on the delivery of the project objectives

Question 8

- (Topic 2)
What takes place during the Closing a Project process?

The post-project benefits reviews are performed

Ownership of the project's products is transferred to the customer

An End Stage Report is prepared for the final stage

The project closure notification is reviewed and approved

Question 9

- (Topic 3)
Which is NOT one of the levels of plan recommended by PRINCE2?

Benefits Review Plan

Project Plan

Stage Plan

Team Plan

Question 10

- (Topic 1)
Which of the following statements about lines of authority and reporting are true?
1. The Project Manager has day-to-day control for a management stage within the limits laid down by the Project Board.
2. If a Team Manager forecasts a deviation beyond Work Package tolerances, this should be referred to the Project Manager down by the Project Board.

Only 1 is true

Only 2 is true

Both 1 and 2 are true

Neither 1 or 2 are true

Question 11

- (Topic 2)
Which is a responsibility of a Team Manager?

Producing Highlight Reports for the Project Manager

Reviewing the status of the stage

Setting WorkPackage tolerances

Ensuring delivery of products in the Managing Product Delivery process

Question 12

- (Topic 4)
Which should be funded by a change budget?

Increase in agreedscope

Increase in agreed scope

Handover activities

Question 13

- (Topic 2)
What product identifies the management stages and other major control points in a project?

Business Case

Project Plan

Work Package

Project Brief

Question 14

- (Topic 2)
Identify the missing word(s) in the following sentence.
Following initiation, the Controlling a Stage process is used to manage and control each [ ?
] of a project.

technical stage

benefit

management stage

Team Plan

Question 15

- (Topic 1)
Identify the missing word in the following sentence, A project's output is produced during a project but the [?] for the project are often only realized after the project has closed.

costs

risks

benefits

issues

Question 16

- (Topic 2)
Which is NOT a benefit of using PRINCE2?

Defines specific leadership, motivational skills andother interpersonal skills required

Can be applied to any type of project

Promotes learning and continuous improvement

Defines a thorough but economical structure of reports

Question 17

- (Topic 1)
Which process provides the Project Board with the information it requires in order to commit
resources to the project?

Managing Product Delivery

Initiating a Project

Controlling a Stage

Directinga Project

Question 18

- (Topic 3)
Which is a purpose of the Initiating a Project process?

Decide if it is worthwhile to initiate a project

Decide on the project approach

Establish solid foundations for a project

Identify the number of Work Packages required

Question 19

- (Topic 1)
Which is shown in a product breakdown structure?

Management stages, major products and control points

In which order the products should be created

The major products that are to be developed in a plan

What resources are required to develop the products

Question 20

- (Topic 2)
Which product documents the information needed to demonstrate continued business justification?

Business Case

Communication Management Strategy

Project Product Description

Quality Management Strategy

Question 21

- (Topic 2)
Which of the following are objectives of the Directing a Project process?
1. Ensure corporate or programme management has an interface to a project
2. Ensure that work on products allocated to a team is authorized
3. Ensure there is authority to initiate a project
4. Ensure that a project remains viable

1, 2, 3

1, 2, 4

1, 3, 4

2, 3, 4

Question 22

- (Topic 4)
Identify the missing words in the following sentence. A project is [ ? ] organization that is created for the purpose of delivering business products.

a corporate

a temporary

an external

a technical

Question 23

- (Topic 4)
Which is NOT a purpose of the Initiating a Project process?

Enable a Project Boarddecision about the commitment of resources to a project

Enable an organization to understand the work that needs to be done to deliver a project's products before a project is approved

Establish solid foundations for a project

Enable the Project Board to decide whether it is worthwhile to initiate a project

Question 24

- (Topic 2)
Which is a purpose of an Exception Plan?

Show the reason for the tolerance deviation from a Stage Plan or Project Plan

Reduce the number of exception assessments, by agreeing a budget to cover the costs of any requests for change

Identify the actions required to recover from the effect ofa tolerance deviation

Define the changes which are within the scope of the change budget

Question 25

- (Topic 3)
Which product is used by the Project Manager to authorize work?

Team Plan

Stage Plan

Work Package

Product Description

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Total 296 questions Full Exam Access