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NEW QUESTION # 40
Which is a purpose of the Risk theme?
- A. Establish a procedure to ensure every change is agreed by the relevant authority before it takes place
- B. Establish mechanisms to manage risks at the corporate or programme level of an organization
- C. Establish a cost-effective procedure to identify, assess and control uncertainty
- D. Establish mechanisms to control any unacceptable deviations from plan
Answer: C
NEW QUESTION # 41
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. Share
- C. Transfer
- D. Avoid
Answer: B
NEW QUESTION # 42
Which statement about stages is true?
- A. Management stages are driven by specialist teams
- B. The use of technical stages is mandatory
- C. The use of management stages is mandatory
- D. Management stages should be of the same duration
Answer: C
NEW QUESTION # 43
Which step in the issue and change control procedure considers alternative options for responding to an issue that is being managed formally?
- A. Propose
- B. Examine
- C. Decide
- D. Capture
Answer: A
Explanation:
Section: Volume A
NEW QUESTION # 44
What problem may occur if projects are not aligned with corporate business strategy?
- A. The project management approaches used may differ
- B. The objectives of different projects may overlap
- C. The outputs may be of poor quality
- D. The control of projects may be poor
Answer: B
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 # 45
As a minimum requirement for applying the risk theme, what must specifically be assessed?
- A. Whether a risk may cause the project to exceed its cost tolerance
- B. Whether a risk may impact the underlying technical assumptions
- C. Whether a risk may alter the project's business justification
- D. Whether a risk may affect the project-level quality tolerances
Answer: C
Explanation:
Section: Volume B
NEW QUESTION # 46
In what process is the authorization to deliver the project's products given?
- A. Directing a Project
- B. Starting up a Project
- C. Initiating a Project
- D. Managing a Stage Boundary
Answer: A
NEW QUESTION # 47
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. Focus on products
- B. Tailor to suit the project context
- C. Learn from experience
- D. Manage by stages
Answer: B
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 # 48
Which product records any project outcomes perceived as negative by stakeholders?
- A. Project Plan
- B. Communication Management Strategy
- C. Project Product Description
- D. Business Case
Answer: B
Explanation:
In PRINCE2, the Communication Management Strategy is the document that outlines how project communications should be managed. It includes how information will be disseminated amongst stakeholders and how feedback will be collected. Negative outcomes perceived by stakeholders are typically recorded as part of the feedback mechanism defined in the Communication Management Strategy. References:
PRINCE2 Foundation official guide and study material.
NEW QUESTION # 49
What theme establishes the mechanisms to judge whether a project is worthwhile investing in?
- A. Plans
- B. Business Case
- C. Quality
- D. Risk
Answer: B
NEW QUESTION # 50
Identify the missing words in the following sentence.
The 'starting up a project" process is triggered when a [ ? J is available.
- A. work package
- B. project mandate
- C. stage plan
- D. project business case
Answer: B
Explanation:
The 'Starting up a Project' process in PRINCE2 is typically triggered when a project mandate is available.
The project mandate provides the basic information necessary to define whether there is sufficient justification to proceed with the project's setup.References: PRINCE2 Foundation Manual
NEW QUESTION # 51
Which is an objective of the Closing a Project process?
- A. Produce a Benefits Review Plan to identify what benefits are expected
- B. Assess any benefits that have already been realized
- C. Check that all benefits are realized before closing a project
- D. Prepare the plan for the next stage
Answer: B
Explanation:
Section: Volume A
NEW QUESTION # 52
Which is a purpose of the 'closing a project' process?
- A. To establish mechanisms to judge whether the project is still viable
- B. To provide the project board with information to judge the success of a stage
- C. To confirm the project has nothing more to deliver
- D. To establish mechanisms for forecasting project objectives
Answer: C
Explanation:
Explanation
Reference http://prince2.wiki/Closing_a_Project#Objective
NEW QUESTION # 53
Which is a typical core activity within configuration management?
- A. Progress reporting
- B. Verification and audit
- C. Quality assurance
- D. Risk management
Answer: B
NEW QUESTION # 54
Which is a purpose of an End Project Report?
- A. Ensure that key project information is archived and made secure
- B. Review how well the project performed against the Project Initiation Documentation used to authorize it
- C. Identify individuals or groups that need to be told that the project is coming to an end
- D. Identify individuals or groups that are responsible for measuring the expected benefits after the project has closed
Answer: B
Explanation:
Section: Volume B
NEW QUESTION # 55
Which risk response is applied on a pain/gain basis?
- A. Share
- B. Exploit
- C. Enhance
- D. Accept
Answer: A
Explanation:
The risk response type that is applied on a pain/gain basis is 'Share'. Sharing involves partnering with others to share the impact of the risk. This is often used for both threats and opportunities where sharing the risk can enhance the capability to capitalize on the opportunity or mitigate the threat, with potential gains or savings being distributed according to an agreed formula.References: PRINCE2 7 Foundation handbook and documents.
NEW QUESTION # 56
Which are purposes of the quality theme?
1. To implement continuous improvement during the project
2. To establish how the project will ensure that products created will be acceptable to key stakeholders
3. To ensure that the project is desirable and achievable
4. To identify, assess and control uncertainty
- A. 2 and 3
- B. 1 and 2
- C. 1 and 4
- D. 3 and 4
Answer: A
Explanation:
Reference https://www.whatisprince2.net/prince2-theme-quality.php
NEW QUESTION # 57
Which describes a time-driven control?
- A. The planned exception assessment meeting to authorize a requested exception plan
- B. The expected dates for planned checks of specialist products included in a stage plan
- C. The expected frequency of progress reports specified in a work package
- D. The dates for the project's end stage assessment included in the project plan
Answer: C
Explanation:
A time-driven control is defined as a monitoring system that is based on a fixed time interval, such as weekly or monthly progress reports. The expected frequency of progress reports specified in a work package represents a time-driven control, where updates are required at predefined intervals irrespective of the state of the project at those times.References: = PRINCE2 7 Foundation handbook and online resources
NEW QUESTION # 58
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