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NEW QUESTION # 111
According to PRINCE2, why might there be more than one business case for a project?
- A. The project may be in a programme environment
- B. There may be more than one work package being delivered in the project
- C. There may be more than one management stage in the project
- D. The project may be in a commercial environment with a number of suppliers
Answer: D
Explanation:
Explanation
Reference https://www.prince2primer.com/prince2-practitioner-questions-answers-business-case/
NEW QUESTION # 112
Which role does NOT set tolerances?
- A. Change Authority
- B. Corporate or programme management
- C. Project Manager
- D. Project Board
Answer: A
NEW QUESTION # 113
Which is an objective of the Directing a Project process?
- A. Obtain approval for completed products
- B. Review and approve a project mandate
- C. Define how risks, issues and changes will be managed
- D. Ensure corporate or programme management has an interface to the project
Answer: D
NEW QUESTION # 114
Which is a type of issue?
- A. A request for change
- B. A risk with an estimated high impact
- C. An Exception Report
- D. A lesson
Answer: A
NEW QUESTION # 115
Identify the missing word in the following sentence. A member of the Project Board is responsible for [ ? ] assurance.
- A. supplier
- B. quality
- C. product
- D. risk
Answer: A
NEW QUESTION # 116
Which statements about quality assurance and project assurance are CORRECT?
1. They are both independent of the project manager
2. They are both the responsibility of the project board
3. They are both independent from the project management team
4. They both assure that applicable standards are being used
- A. 2 and 3
- B. 1 and 2
- C. 3 and 4
- D. 1 and 4
Answer: C
Explanation:
Section: Volume B
NEW QUESTION # 117
Which is a responsibility of a risk owner?
- A. Determine project risk appetite
- B. Identify risks to the project that might occur in their department
- C. Manage, monitor and control all aspects of an assigned risk
- D. Own and authorize the use of the risk budget to fund risk responses
Answer: C
NEW QUESTION # 118
Which theme estimates the cost of delivering the project?
- A. Business case
- B. PROGEESS
- C. Change
- D. Plans
Answer: D
Explanation:
The Plans theme in PRINCE2 estimates the cost of delivering the project. This theme involves the preparation and maintenance of the necessary schedules and budgets to control the project, including outlining how, when, and by whom the project's products will be delivered and at what cost.
PRINCE2 7 Foundation handbook and documents.
NEW QUESTION # 119
Identify the missing words in the following sentence.
The project manager [ ? ] for day-to-day management of the project.
- A. decides who is responsible
- B. has responsibility
- C. and the team manager(s) are accountable
- D. and the project board are responsible
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Directing_a_Project
NEW QUESTION # 120
Which is NOT a purpose of a Benefits Review Plan?
- A. Describe how to measure and confirm any benefits that are to be realised after the project is closed
- B. Define the period over which the cost-benefit analysis will be based
- C. Define the scope, timing and ownership of the benefit reviews required
- D. Describe how to measure the performance of the project's products in operational use
Answer: B
NEW QUESTION # 121
What is the change authority role permitted to authorize?
- A. Risks to the project
- B. Adjustments to the limits on the change budget
- C. Changes to stage tolerance
- D. Changes to the project that do not exceed a defined budget
Answer: D
Explanation:
Section: Volume B
NEW QUESTION # 122
According to the 'tailor to suit the project' principle, what is the basis for effective project management?
- A. That the project method relates to the project's environment
- B. That the project is divided into an appropriate number of stages
- C. That the appropriate information is provided to make decisions
- D. That the appropriate number and type of meetings are held
Answer: A
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Tailor_to_suit_the_project_environment
NEW QUESTION # 123
Which is NOT a requirement of a Stage Plan?
- A. Produced to an appropriate level of detail to enable day-to-day control
- B. Produced near to the end of the previous management stage
- C. Approved at the end of a management stage
- D. Approved and signed-off by Project Assurance
Answer: D
NEW QUESTION # 124
Which is an objective of the Managing Product Delivery process?
- A. Sign-off completed Work Packages
- B. Report progress to the Project Board
- C. Ensure that work on products is authorized and agreed with the team
- D. Ensure the Business Case is kept under review
Answer: C
NEW QUESTION # 125
Which is a responsibility of a risk owner?
- A. Determine project risk appetite
- B. Identify risks to the project that might occur in their department
- C. Manage, monitor and control all aspects of an assigned risk
- D. Own and authorize the use of the risk budget to fund risk responses
Answer: C
Explanation:
Section: Volume B
NEW QUESTION # 126
The project manager needs to monitor the progress of the stage.
Which combination of management products should the project manager review?
- A. Project plan AND project log
- B. Checkpoint reports AND work package descriptions
- C. Highlight report AND checkpoint report
- D. Project plan AND work package descriptions
Answer: C
Explanation:
To monitor the progress of a stage effectively, the project manager should review both the Highlight Report and Checkpoint Report. The Highlight Report provides a summary of the stage status to the Project Board, detailing overall progress and identifying any major issues. The Checkpoint Report, on the other hand, offers detailed updates from team managers or team members on the progress of their respective Work Packages.
Together, these management products give a comprehensive view of stage progress.References: (PRINCE2
7 Foundation Handbook, AXELOS)
NEW QUESTION # 127
Why is the 'initiating a project' process used?
- A. To enable corporate or programme management to give authorization to deliver a project
- B. To fully understand how the project objectives will be achieved before committing significant resources
- C. To produce the required work packages
- D. To decide which project approach is suitable for the project
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: https://www.whatisprince2.net/prince2-process-initiating-a-project.php
NEW QUESTION # 128
When considering how long the project stages should be, which might be a reason for one stage to be longer than others?
- A. No changes to the project management team are envisaged
- B. More human resources are required than in other stages
- C. The risk is lower
- D. A substantial amount of the project budget is to be spent
Answer: C
NEW QUESTION # 129
What process ensures focus on the delivery of a stage's products and avoids uncontrolled change?
- A. Controlling a Stage
- B. Managing a Stage Boundary
- C. Starting up a Project
- D. Directing a Project
Answer: A
Explanation:
The Controlling a Stage process in PRINCE2 ensures focus on the delivery of a stage's products while managing and controlling any potential deviations or issues. This process helps in avoiding uncontrolled changes and maintains the project's focus on its objectives by providing regular monitoring and control.
References: PRINCE2 Foundation manual, PRINCE2 official resources
NEW QUESTION # 130
Identify the missing word in the following sentence. The guiding obligations and good practices which determine whether the project is genuinely being managed using PRINCE2 form the [ ? ] of the method.
- A. Processes
- B. Techniques
- C. Principles
- D. Themes
Answer: C
NEW QUESTION # 131
The project manager reviews whether there has been a Change in the way team members relate to each other.
Which principle is the project manager applying as part of the 'people' element?
- A. Manage by stages
- B. Focus on products
- C. Tailor to suit the project context
- D. Learn from experience
Answer: C
Explanation:
The principle that the project manager is applying by reviewing changes in team dynamics is 'Tailor to suit the project context'. This principle involves adapting the management of the project to the environment, including the team dynamics, to ensure that the project management approach is appropriate for the specific context and challenges of the project. References: PRINCE2 7 Foundation handbook and principles section.
NEW QUESTION # 132
How does the project plan help to support the 'manage by stages' principle?
- A. By identifying the major control points and milestones
- B. By identifying the customer's quality expectations
- C. By estimating the timescales and costs of the project
- D. By defining products to ensure they are fit for purpose
Answer: A
Explanation:
Reference http://prince2.wiki/Manage_by_stages
NEW QUESTION # 133
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