PRINCE2 Foundation Exam 2 PRINCE2 Foundation Exam 2 1 / 22 Which product identifies how often stakeholders require information? Communication management approach Lessons report Configuration item record Benefits management approach 2 / 22 Which is a minimum requirement when applying the business case theme? To specify the solution to be used to deliver the business option selected To ensure the corporate business plan is updated with the project costs and benefits To define the management actions required to ensure the project's outcomes are achieved To integrate the benefits management approach with the project and stage plans 3 / 22 Which theme provides all management levels within the project management team with mechanisms for monitoring and control? Progress Change Organization Quality 4 / 22 If a project is part of a programme, which 'starting up a project' process activities are MOST likely to be reduced or eliminated? Appointing the project board and producing the project brief Planning the initiation stage and appointing the project manager Producing the additional role descriptions and validating the project product description Verifying the project approach and capturing previous lessons 5 / 22 Which are advantages of a clear end to a project? 1. No further costs will be incurred by the project 2. Project products will be transferred to operations and support 3. All benefits will have been achieved 4. The project brief will be re-baselined 1 and 2 2 and 3 3 and 4 1 and 4 6 / 22 Which is a key decision made during the 'directing a project' process? Select and appoint the project executive Approve the project manager role description Confirm that the benefits management approach addresses all expected benefits Approve the proposed project mandate 7 / 22 Which level of management sets the project level tolerances? Project board Team manager Corporate, programme management or the customer Project manager 8 / 22 Which is a purpose of the 'starting up a project' process? To provide information so a decision can be made as to whether a project is viable and worthwhile to initiate To define the means of communication between the project and corporate, programme management or the customer To define the project controls To record any identified risks in the risk register 9 / 22 Which is a purpose of a lessons log? To record any lessons that are raised in checkpoint reports To document that corrective action is being taken To escalate lessons to the project board To raise improvements with project assurance 10 / 22 Which statement describes the 'Implement' step within the recommended risk management procedure? Taking planned action to respond to a risk Performing the responsibilities for risks defined in the Risk management approach Assessing the proximity of a risk Identifying the level of risks that can be tolerated by the project 11 / 22 Which role is responsible for documenting tailoring of the 'quality' theme? Quality assurance User project assurance Senior user Project manager 12 / 22 Where should a team manager look for information about the quality required for a product? Project initiation documentation Product description Team plan Quality management approach 13 / 22 What is an advantage of applying the 'learn from experience' principle? It allows the project board to delegate cost tolerances to the project manager It allows the project team to fully understand their roles and responsibilities It allows the project manager to delegate time tolerances to the team managers It allows the project team to identify improvements to be made during the project 14 / 22 What is a goal of the 'implement' step within the recommended risk management procedure? To prepare specific management responses to identified risks To monitor the effectiveness of actioned risk responses To estimate the risk to the project in terms of probability and impact To communicate information related to the risks faced by the project 15 / 22 Identify the missing words in the following sentence. Project assurance personnel [?] the project manager. are able to overturn the decisions of must be accountable to should support report to the project board and 16 / 22 Which product is created in the 'starting up a project' process to define and confirm the scope of the project? Project mandate Initiation stage plan Project initiation documentation Project brief 17 / 22 Which are objectives of the 'managing a stage boundary' process? 1. To control the link between the people managing the project and the people producing the products 2. To approve requests for change received during the completed stage 3. To provide information to the project board on the performance of the current stage 4. To review and, if necessary, update the project management team structure and role descriptions 1 and 2 2 and 3 3 and 4 1 and 4 18 / 22 Which principle helps to ensure that all changes to the outputs are agreed? Defined roles and responsibilities Focus on products Learn from experience Manage by exception 19 / 22 Identify the missing word in the following sentence. [?] is the measurable decline resulting from a negative outcome. An exception A dis-benefit An off-specification A risk 20 / 22 How does PRINCE2 ensure that the specific management needs of an organization are met? By incorporating tailoring By mandating training By focusing on viability By representing best practice 21 / 22 Which risk response is applied on a pain/gain basis? Share Accept Exploit Enhance 22 / 22 What is an advantage of applying the 'manage by stages' principle? The PRINCE2 method can be used for any type of project The project delivers benefits that are aligned with strategic objectives The project has decision points so that it does not run on in an uncontrolled manner Tolerances can be defined for delegated authority Your score is 0% For more Sample papers, refer the links below: PRINCE2-Foundation Exam 1 PRINCE2-Foundation Exam 3 PRINCE2-Foundation Exam 4 PRINCE2-Foundation Exam 5 PRINCE2-Foundation Exam 6 PRINCE2-Foundation Exam 7 PRINCE2-Foundation Exam 8
