Latest PRINCE2 PRINCE2-Foundation First Attempt, Exam real Dumps Updated [Jul-2021]
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NEW QUESTION 64
What may be funded from a risk budget?
- A. Implementation of a fallback plan
- B. Corrections required due to off-specifications
- C. Impact analysis of requests for change
- D. Preparation of the risk management approach
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Risk#Risk_Budget
NEW QUESTION 65
What is the definition of a project outcome?
- A. A measurable improvement that is perceived as an advantage by one or more stakeholders
- B. The reason for the project
- C. The result of the change derived from using the project's outputs
- D. The project's specialist products.
Answer: C
NEW QUESTION 66
Which should be provided by a project mandate?
- A. Detailed Business Case
- B. Stage tolerances
- C. Terms of reference
- D. Initiation Stage Plan
Answer: C
Explanation:
Section: Volume B
Explanation
NEW QUESTION 67
Which is a step in the recommended approach to 'defining and analyzing the products'?
- A. Writing a project product description
- B. Preparing estimates
- C. Identifying activities and dependencies
- D. Designing a plan
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Plans
NEW QUESTION 68
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. Thederivation or sources of a potential risk to the project
Answer: C
NEW QUESTION 69
Which is NOT represented by one of the three primary categories of stakeholder identified in PRINCE2?
- A. Those who will manage the project on a day-to-day basis
- B. Those who will create the project's outputs
- C. Those with a financial interest in the project
- D. Those who will specify the desired outputs of the project
Answer: A
NEW QUESTION 70
Identify the missing words in the following sentence.
The six aspects of project performance to be managed are [ ? ] costs, timescales and scope.
- A. change, quality, risk,
- B. benefits, change, quality,
- C. benefits, quality, risk,
- D. benefits, change, risk,
Answer: C
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Introduction:_The_PRINCE2_Foundation_Training_Manual
NEW QUESTION 71
Which product identifies the management stages and timescales of a project?
- A. Project Product Description
- B. Project Brief
- C. Project Plan
- D. Initiation Stage Plan
Answer: C
NEW QUESTION 72
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 73
Identify the missing words in the following sentence. An objective of the Closing a Project process is to ensure that provision has been made to address [?] through follow-on action recommendations.
- A. the handover of products
- B. the measurement of benefits NOT yet realized
- C. the release of resources
- D. open issues and risks
Answer: D
NEW QUESTION 74
A product can NOT be supplied to meet all of the requirements in its baselined Product Description. What first action should be taken?
- A. Write an Exception Report
- B. Raise an off-specification
- C. Raise a request for change
- D. Amend the Work Package
Answer: B
NEW QUESTION 75
Identify the missing words in the following sentence. A purpose of the Plans theme is to [ ? ] the project's plans.
- A. summarize the results of the quality activities performed on
- B. define the project benefits to be achieved by each of
- C. define a coding system to provide a unique identifier for the products within
- D. provide a framework to design, develop and maintain
Answer: D
NEW QUESTION 76
Identify the missing words in the following sentence.
At an agreed frequency, a Team Manager will send a [ ? ] to the Project Manager.
- A. Product Status Account
- B. Highlight Report
- C. Checkpoint Report
- D. Work Package
Answer: C
NEW QUESTION 77
Which is a purpose of the Controlling a Stage process?
- A. Produce a Team Plan for the work to be assigned to a Team Manager
- B. Select and implement actions that will resolve deviations from a plan within tolerance
- C. Obtain approvals for products delivered in a Work Package
- D. Update a Project Plan to incorporate the actuals from a Stage Plan
Answer: B
NEW QUESTION 78
Which is a minimum requirement for applying the business case theme?
- A. To monitor changes to the project plan to identify exceptions
- B. To define the actions required to confirm the project's benefits are realized
- C. To report on project performance at project closure
- D. To provide statements of actual benefits at benefits reviews
Answer: A
Explanation:
Explanation
Reference https://www.whatisprince2.net/prince2-theme-business-case.php
NEW QUESTION 79
Which statement about the Directing a Project process is true?
- A. Ensures there are regular progress meetings
- B. Covers the day-to-day activities of the Project Manager
- C. Provides a mechanism for the Project Board to assure that there is continued business justification
- D. Begins on completion of the Initiating a Project process
Answer: C
NEW QUESTION 80
Which describes an off-specification?
- A. An interdependency between products that was previously unidentified
- B. A prototype demonstrating a possible design solution
- C. The addition of an improvement to a product description
- D. The production of more than the defined quantity of a specialist product
Answer: A
Explanation:
Explanation
Reference https://www.prince2primer.com/prince2-change-control/
NEW QUESTION 81
Which is a purpose of the 'initiating a project' process?
- A. To identify the number of work packages required
- B. To establish solid foundations for a project
- C. To decide if it is worthwhile to initiate a project
- D. To decide on the project approach
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Initiating_a_Project#Objective
NEW QUESTION 82
Which is a minimum requirement for applying the change theme?
- A. To identify whether an issue affects the continuation of the project
- B. To tailor all changes to improve the quality of the project
- C. To produce a breakdown of the products to be produced
- D. To ensure each change is managed as an exception
Answer: D
NEW QUESTION 83
What needs to be in place to ensure effective issue and change control?
- A. Configuration management system
- B. Manage by exception
- C. Quality planning
- D. Information needs for stakeholders
Answer: A
NEW QUESTION 84
Which product documents the information needed to demonstrate continued business justification?
- A. Quality Management Strategy
- B. Project Product Description
- C. Communication Management Strategy
- D. Business Case
Answer: D
Explanation:
Section: Volume A
NEW QUESTION 85
Which is a minimum requirement for applying the business case theme?
- A. To monitor changes to the project plan to identify exceptions
- B. To define the actions required to confirm the project's benefits are realized
- C. To report on project performance at project closure
- D. To provide statements of actual benefits at benefits reviews
Answer: A
Explanation:
Section: Volume B
Explanation
Explanation/Reference: https://www.whatisprince2.net/prince2-theme-business-case.php
NEW QUESTION 86
Which characteristic distinguishes a project from regular business operations?
- A. Introduces business change
- B. Produces benefits
- C. Incurs cost
- D. Manages stakeholders
Answer: A
NEW QUESTION 87
Which statement about the quality review technique is FALSE?
- A. It enables a check to be made on a product's fitness for purpose
- B. It is used to gain wider acceptance of a product by involving key interested parties
- C. It defines the quality responsibilities of the project team
- D. It supports the management of future changes by providing abaseline for a product
Answer: C
NEW QUESTION 88
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