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NEW QUESTION # 190
Which process provides information for the project board to review a completed stage and confirm continued business justification?
- A. Directing a project
- B. Managing a stage boundary
- C. Closing a project
- D. Controlling a stage
Answer: B
Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.prince2.com/uk/prince2-processes
NEW QUESTION # 191
Which should be funded by a change budget?
- A. Increase in agreed scope
- B. Initiation stage
- C. Change Authority
- D. Handover activities
Answer: A
NEW QUESTION # 192
Which PRINCE2 principle is being applied when tolerances are set for the three levels of plan?
- A. Manage by exception
- B. Learn from experience
- C. Manage by stages
- D. Continued business justification
Answer: A
Explanation:
Setting tolerances for the three levels of plan (project, stage, and team) in PRINCE2 applies the principle of
'manage by exception'. This principle enables efficient use of management time by focusing on deviations from the plan only if they exceed predefined tolerances, rather than managing every small detail. References:
PRINCE2 Foundation Handbook, Manage by Exception section.
NEW QUESTION # 193
According to the 'defined roles and responsibilities' principle, how many categories of stakeholder interest need to be represented in the project management team?
- A. Six
- B. Two
- C. One
- D. Three
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: https://p2.tech-academy.co.uk/organisation/
NEW QUESTION # 194
The project manager needs to understand what makes the outputs acceptable to the users.
In which step of the 'planning' technique should this occur?
- A. Preparing estimates
- B. Preparing a schedule
- C. Defining and analysing the products
- D. Organizing work packages
Answer: C
Explanation:
In the 'planning' technique of PRINCE2, understanding what makes the outputs acceptable to the users occurs during the step of "Defining and Analyzing the Products." This step involves detailed discussions about product requirements and specifications to ensure clarity on what the project must deliver for it to be accepted by the users. It sets out the criteria that the products must meet to satisfy the user's needs and expectations.References: (PRINCE2 7 Foundation Handbook, AXELOS)
NEW QUESTION # 195
Which is a purpose of the business case theme?
- A. To identify the project's outputs
- B. To identify which role is responsible for producing the business case
- C. To establish the controls to manage changes that may impact the project benefits
- D. To establish a viable investment proposition
Answer: A
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Business_Case
NEW QUESTION # 196
Which describes an off-specification?
- A. The addition of an improvement to a product description
- B. An interdependency between products that was previously unidentified
- C. The production of more than the defined quantity of a specialist product
- D. A prototype demonstrating a possible design solution
- E. That the right people are involved in appropriate roles
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: https://www.prince2primer.com/prince2-change-control/
NEW QUESTION # 197
Identify the missing words in the following sentence. At the end of a stage, the [ ? ] should be used to check whether there is a requirement to send copies of the End Stage Report to external interested parties.
- A. Stage Plan
- B. Quality Management Strategy
- C. Communication Management Strategy
- D. Follow-on action recommendations
Answer: C
NEW QUESTION # 198
Which is a purpose of an Exception Plan?
- A. Show the reason for the tolerance deviation from a Stage Plan or Project Plan
- B. Identify the actions required to recover from the effect ofa tolerance deviation
- C. Reduce the number of exception assessments, by agreeing a budget to cover the costs of any requests for change
- D. Define the changes which are within the scope of the change budget
Answer: B
NEW QUESTION # 199
Which PRINCE2 principle ensures that members of the project management team know what they are expected to contribute?
- A. Learn from experience
- B. Manage by exception
- C. Defined roles and responsibilities
- D. Tailor to suit the project environment
Answer: C
Explanation:
Section: Volume B
Explanation/Reference: https://www.wrike.com/blog/project-management-basics-prince2-explained/
NEW QUESTION # 200
Which describes a characteristic of a project?
- A. It enables established and proven best practices
- B. It provides a quality service to customers
- C. It involves a team with different skills
- D. It maintains business as usual profitability
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.projectsmart.co.uk/what-is-prince2.php
NEW QUESTION # 201
How is the tailoring approach defined for a project?
- A. The project board approves the approach
- B. The project board documents the approach
- C. Project assurance documents the approach
- D. Project assurance approves the approach
Answer: A
NEW QUESTION # 202
Why does PRINCE2 recommend three different levels of plans?
- A. To provide appropriate detail to each of the different levels of management within the project
- B. As an allowance for initiation, product delivery and project closure
- C. To cover initiation, specialist work and exception situations
- D. To match the different aspects of the product-based planning technique
Answer: A
NEW QUESTION # 203
Identify the missing word in the following sentence.
[ ? ] is the measurable decline resulting from a negative outcome.
- A. A dis-benefit
- B. A risk
- C. An exception
- D. An off-specification
Answer: A
Explanation:
In PRINCE2 terminology, a dis-benefit is defined as a measurable decline resulting from a negative outcome. Dis-benefits are considered alongside benefits to assess the overall value and impact of the project.
They represent outcomes that are perceived as negative by one or more stakeholders.
PRINCE2 Foundation Manual
NEW QUESTION # 204
To meet the minimum requirements for applying the progress theme, when must the business justification be reviewed?
- A. At the start of the project
- B. In exception situations
- C. Throughout each stage
- D. When a change is raised
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.prince2.com/blog/the-7-principles-themes-and-processes-of-prince2/
NEW QUESTION # 205
Which should be used to document any uncompleted work that needs to be done to a project product after the project has closed?
- A. Risk Register
- B. Issue Register
- C. Follow-on action recommendations
- D. Off-specifications
Answer: C
NEW QUESTION # 206
Which risk response type is appropriate to respond to an opportunity?
- A. Transfer
- B. Exploit
- C. Fallback
- D. Accept
Answer: B
NEW QUESTION # 207
What plan is created, and submitted for approval, during the Managing a Stage Boundary process?
- A. Project Plan
- B. Stage Plan
- C. Team Plan
- D. Benefits Review Plan
Answer: B
NEW QUESTION # 208
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