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PRINCE2 Foundation Exam is the entry-level certification in the PRINCE2 qualification scheme, and passing PRINCE2-Foundation exam is a prerequisite for taking the higher-level PRINCE2 Practitioner Exam. PRINCE2-Foundation exam consists of 60 multiple-choice questions, and candidates have one hour to complete it. The passing score for the exam is 55%, and successful candidates receive a globally recognized PRINCE2 Foundation certification.
NEW QUESTION # 66
Which statement about the Directing a Project process is true?
- A. Provides a mechanism for the Project Board to assure that there is continued business justification
- B. Ensures there are regular progress meetings
- C. Begins on completion of the Initiating a Project process
- D. Covers the day-to-day activities of the Project Manager
Answer: A
Explanation:
The Directing a Project process in PRINCE2 provides the Project Board with a mechanism to ensure there is continued business justification for the project throughout its lifecycle. This process is crucial for maintaining the project's alignment with organizational objectives and for making decisions at key points such as stage boundaries. References: PRINCE2 Foundation official documentation and study materials.
NEW QUESTION # 67
Which is a benefit of applying the 'tailor to suit the project' principle?
- A. The number of outputs is reduced
- B. The project environment complexity is reduced
- C. Project management becomes less bureaucratic
- D. The capability of leadership is strengthened
Answer: C
Explanation:
Applying the 'tailor to suit the project' principle in PRINCE2 helps make project management less bureaucratic by allowing for adaptations based on the project's size, complexity, environment, and stakeholders' needs. This flexibility reduces unnecessary overhead and ensures that the project management approach is both effective and efficient, enhancing overall project delivery without being overly constrained by rigid processes.
PRINCE2 Foundation Manual
NEW QUESTION # 68
Which is a minimum requirement for applying the organization theme?
- A. To define the experience required for each project role
- B. To include external stakeholders on the project board
- C. To train project team members in the use of PRINCE2
- D. To document the project management team structure
Answer: D
Explanation:
Reference http://prince2.wiki/Themes#Organization_Theme
NEW QUESTION # 69
Which risk response is applied on a pain/gain basis?
- A. Exploit
- B. Share
- C. Accept
- D. Enhance
Answer: B
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 # 70
What must be produced to meet the minimum requirements when applying the change theme?
- A. A change budget for the analysis of change
- B. Status reports on all products being produced
- C. Records of the decisions made on all issues
- D. Documents recording the version of each product
Answer: C
Explanation:
To meet the minimum requirements when applying the change theme in PRINCE2, it is necessary to maintain records of the decisions made on all issues. This includes documenting how each issue was addressed and any subsequent changes made to project plans or products. This record-keeping is crucial for traceability, accountability, and ensuring that decisions are aligned with project objectives and governance.References: PRINCE2 Foundation Manual
NEW QUESTION # 71
Identify the missing word in the following sentence. The purpose of the [?] theme is to identify, assess and control uncertainty.
- A. Risk
- B. Plans
- C. Change
- D. Quality
Answer: A
NEW QUESTION # 72
Identify the missing words in the following sentence. A project is [ ? ] organization that is created for the purpose of delivering business products.
- A. an external
- B. a technical
- C. a temporary
- D. a corporate
Answer: C
NEW QUESTION # 73
Which is a key decision made during the 'directing a project' process?
- A. Approve the project manager role description
- B. Approve the proposed project mandate
- C. Select and appoint the project executive
- D. Confirm that the benefits management approach addresses all expected benefits
Answer: A
Explanation:
Explanation
Reference
https://www.greycampus.com/opencampus/prince-2-practitioner/purpose-of-directing-a-project-process-in-princ
NEW QUESTION # 74
What is the BEST reason to perform the risk practice?
- A. To ensure stop-go decisions at stage boundaries are risk-informed
- B. To identiDfy and manage risks to project objectives
- C. To establish a supportive risk culture to enable decision-making
- D. To ensure risks are assigned to people who will own and action them satisfactorily
Answer: B
Explanation:
The primary reason to perform the risk practice within a PRINCE2 project is to identify and manage risks that could affect the project's objectives. Effective risk management ensures that potential threats and opportunities are adequately assessed and handled to minimize negative impacts and leverage positives, thereby safeguarding the project's success.
PRINCE2 7 Foundation materials on risk management practices.
NEW QUESTION # 75
Which is a benefit of using PRINCE2?
- A. Can be used to manage both projects and programmes
- B. Provides for the efficient and economic use of management time
- C. Is a method specifically designed for technical projects
- D. Includes many of the proven planning techniques, such as critical path analysis
Answer: B
NEW QUESTION # 76
According to the 'manage by exception' principle, which statement about tolerances is CORRECT?
- A. Whenever there is a forecast to exceed a tolerance, it should be resolved at the next monthly project board meeting
- B. Whenever there is a forecast to exceed a tolerance, it should be escalated to the project board
- C. Whenever authority is delegated to the team manager, the focus should be on delivering within time and cost tolerances
- D. Whenever authority is delegated to the project manager, the project board should set tolerances for the stage
Answer: B
Explanation:
According to the 'manage by exception' principle in PRINCE2, when any forecast indicates that tolerances are likely to be exceeded, this issue must be escalated to the project board for decision-making. This principle supports efficient use of management time by only involving them when necessary, such as when predefined thresholds are anticipated to be breached.
PRINCE2 7 Foundation handbook and documentation on the 'manage by exception' principle.
NEW QUESTION # 77
Identify the missing words in the following sentence.
At an agreed frequency, a Team Manager will send a [ ? ] to the Project Manager.
- A. Checkpoint Report
- B. Highlight Report
- C. Product Status Account
- D. Work Package
Answer: A
NEW QUESTION # 78
What must a PRINCE2 project demonstrate?
- A. Application of proper leadership skills
- B. Application of tools appropriate for the industry
- C. Application of the activities in each process
- D. Application of PRINCE2 principles
Answer: D
Explanation:
Section: Volume B
NEW QUESTION # 79
Which is a purpose of the Controlling a Stage process?
- A. Provide a fixed reference point at which acceptance for the project product is confirmed
- B. Enable the Project Board to be provided with sufficient information to authorize the next stage
- C. Assign work to be done and take corrective action to ensure that the stage remains within tolerance
- D. Enable the organization to understand the work that needs to be done to deliver the project's products
Answer: C
Explanation:
The purpose of the Controlling a Stage process in PRINCE2 is to monitor and control a stage within its authorized tolerances. During this process, the Project Manager assigns work, monitors work progress, deals with issues, reports stage status to the Project Board, and takes necessary corrective actions to stay within the stage's tolerances. References: PRINCE2 Foundation official documentation and study materials.
NEW QUESTION # 80
Which is a purpose of the 'managing a stage boundary' process?
- A. To enable the project board to approve the continuation of the project
- B. To define the work that needs to be done to deliver the project product
- C. To exercise overall control over the project while delegating day-to-day management
- D. To assign work to be controlled by the team manager
Answer: A
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Managing_a_Stage_Boundary#Objective
NEW QUESTION # 81
Which two roles are linked by the Managing Product Delivery process?
- A. Project Manager and Team Manager
- B. Corporate or programme management and Project Board
- C. Team Manager and external supplier
- D. Project Board and Project Manager
Answer: A
NEW QUESTION # 82
Which role is responsible for appointing the senior user in a project that is independent from a program?
- A. The project manager
- B. The executive
- C. Corporate, program management or the customer
- D. Project assurance
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.prince2primer.com/prince2-roles-and-responsibilities/
NEW QUESTION # 83
Which activity takes place within the Managing a Stage Boundary process?
- A. Produce an Exception Plan
- B. Produce Highlight Reports
- C. Take corrective action within the limits of a stage's tolerance
- D. Authorize a Stage Plan for the next stage
Answer: A
NEW QUESTION # 84
Which is a purpose of the Controlling a Stage process?
- A. Update a Project Plan to incorporate the actuals from a Stage Plan
- B. Produce a Team Plan for the work to be assigned to a Team Manager
- C. Select and implement actions that will resolve deviations from a plan within tolerance
- D. Obtain approvals for products delivered in a Work Package
Answer: C
Explanation:
Section: Volume A
Explanation/Reference:
NEW QUESTION # 85
Which is the definition of a requirement?
- A. An event relevant to the project that requires project management consideration
- B. An uncertain event that, should it occur, will have an effect on the project.
- C. A need or expectation that has been documented in an approved management product
- D. A prediction about future performance made by studying historical data and past patterns
Answer: C
Explanation:
A requirement in the context of PRINCE2 is defined as a documented need or expectation that is formally approved and used as a basis for further project development. This documentation typically includes specific details about project scope, expected outcomes, and performance criteria, which are crucial for project planning and execution.
= PRINCE2 7 Foundation Training Manual and official PRINCE2 website documentation
NEW QUESTION # 86
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PRINCE2 Foundation Certification Exam is a multiple-choice exam that consists of 60 questions. PRINCE2-Foundation exam is typically conducted in a proctored environment, and candidates have 60 minutes to complete it. The passing score for the exam is 55%, which means that candidates must answer at least 33 questions correctly to pass the exam. Candidates who pass the exam receive a certificate that is valid for life, although they will need to renew their certification every three years to ensure that they are up-to-date with the latest changes and developments in the PRINCE2 methodology.
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