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NEW QUESTION # 206
Where should decisions regarding the tailoring of the project be recorded?
- A. Project mandate
- B. Stage plan
- C. Project initiation documentation
- D. Project brief
Answer: B
NEW QUESTION # 207
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 need to be told that the project is coming to an end
- C. Identify individuals or groups that are responsible for measuring the expected benefits after the project has closed
- D. Ensure that key project information is archived and made secure
Answer: A
NEW QUESTION # 208
In which step of the risk management' technique should the organization's environment be considered?
- A. Plan
- B. Identity
- C. Assess
- D. Implement
Answer: B
Explanation:
In the 'risk management' technique within PRINCE2, considering the organization's environment is essential during the 'Identify' step. This phase involves understanding the context in which the project operates, including external and internal factors that could affect the project. This context is crucial for identifying potential risks that could impact the project's objectives.References: PRINCE2 7 Foundation resources on risk management technique.
NEW QUESTION # 209
Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.
- A. Reduce
- B. Avoid
- C. Share
- D. Transfer
Answer: C
NEW QUESTION # 210
Which is part of quality control?
- A. Define the quality responsibilities of those involved in the production of the products
- B. Maintain the corporate organization's quality management system
- C. Document the project's acceptance criteria in the Project Product Description
- D. Produce quality records to show that the planned quality activities have been carried out
Answer: D
NEW QUESTION # 211
Which is a purpose of the Managing Product Delivery process?
- A. Establish solid foundations for the project
- B. Enable the Project Board to requestupdates to the current Team Plan
- C. Enable the Senior Supplier to be provided with sufficient information by the Project
Manager so that they can review the success of the current Work Package - D. Provide a controlled link between the Project Manager and the Team Manager(s)
Answer: D
NEW QUESTION # 212
Which is 3 purpose of the 'plans! practice?
- A. To enable an event that requires project management consideration to be controlled
- B. To enable control of opportunities and threats, that could Impact on delivery of the business objectives
- C. To provide the basis of control against which a project's progress can be monitored
- D. To provide the standards against which the project products can be quality controlled
Answer: C
Explanation:
The 'Plans' practice in PRINCE2 is essential for setting up the basis for project control. This includes monitoring, reporting, and responding to project progress in comparison to the planned objectives and outcomes. It ensures that the project stays on track in terms of scope, time, cost, quality, risk, and benefits, and provides a clear mechanism to gauge progress against the initial plan.References: = PRINCE2 7 Foundation Training Manual and official PRINCE2 website documentation
NEW QUESTION # 213
Which is a purpose of an Exception Plan?
- A. Reduce the number of exception assessments, by agreeing a budget to cover the costs of any requests for change
- B. Identify the actions required to recover from the effect of a tolerance deviation
- C. Show the reason for the tolerance deviation from a Stage Plan or Project Plan
- D. Define the changes which are within the scope of the change budget
Answer: B
NEW QUESTION # 214
What is an advantage of applying the 'learn from experience' principle?
- A. It allows the project board to delegate cost tolerances to the project manager
- B. It allows the project team to fully understand their roles and responsibilities
- C. It allows the project manager to delegate time tolerances to the team managers
- D. It allows the project team to identify improvements to be made during the project
Answer: D
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 215
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:
According to the 'continued business justification' principle in PRINCE2, a justifiable reason for a project is required before any work to start the project begins. This ensures that projects are initiated only when there is a clear business need, aligned with organizational objectives, and there is an expectation of value creation.
The business case is developed during the initial stages of the project and is maintained and reviewed throughout the project lifecycle.References: PRINCE2 Foundation Manual
NEW QUESTION # 216
What problem may occur if projects are not aligned with corporate business strategy?
- A. The outputs may be of poor quality
- B. The project management approaches used may differ
- C. The control of projects may be poor
- D. The objectives of different projects may overlap
Answer: D
Explanation:
If projects are not aligned with the corporate business strategy, a potential problem is that the objectives of different projects may overlap. This can lead to duplicated efforts, resource wastage, and conflicts between projects, all of which detract from organizational efficiency and effectiveness. References: PRINCE2 Foundation Handbook, Project Alignment with Corporate Strategy section.
NEW QUESTION # 217
Which plan provides the Business Case with costs during the Initiating a Project process?
- A. Stage Plan
- B. Team Plan
- C. Initiation Stage Plan
- D. Project Plan
Answer: D
NEW QUESTION # 218
Which characteristic distinguishes a project from regular business operations?
- A. Manages stakeholders
- B. Incurs cost
- C. Produces benefits
- D. Introduces business change
Answer: D
NEW QUESTION # 219
Which is a purpose of a Lessons Report?
- A. Improve the project management method for future projects
- B. Detail open issues and risks that need to be managed after the project has closed
- C. Provide a summary of the benefits realized during the project
- D. Compare the actual performance of the final stage against its plan
Answer: A
NEW QUESTION # 220
Which role is responsible for ensuring the project is justified in terms of cost?
- A. Executive
- B. Project manager
- C. Senior supplier
- D. Senior user
Answer: A
Explanation:
In PRINCE2, the Executive role is responsible for ensuring that the project is justifiable in terms of cost.
This includes making decisions about whether the project remains viable and desirable within its cost constraints. The Executive is tasked with the overall direction and management of the project from a business perspective, ensuring that it delivers value for money.References: PRINCE2 7 Foundation resources and materials.
NEW QUESTION # 221
Which describes a risk event?
- A. The area of uncertainty in terms of the threat or opportunity
- B. The sequence of events and actions that will be put in place if a risk occurs
- C. The achievement of a milestone on the project plan
- D. The derivation or sources of a potential risk to the project
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Risk
NEW QUESTION # 222
Identify the missing words in the following sentence.
When proposed changes [ ? ], the change authority must refer the decision back to the project board.
- A. exceed the agreed change budget
- B. are below the agreed change budget
- C. are objected to by team members
- D. are rejected by the change authority
Answer: A
Explanation:
When proposed changes exceed the agreed change budget, the change authority must refer the decision back to the Project Board. This is because changes that exceed the budget may impact the overall project constraints and require higher-level approval to proceed. References: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.
NEW QUESTION # 223
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