PRINCE2 Foundation Exam 6 PRINCE2 Foundation Exam 6 1 / 60 Which two statements are CORRECT about the minimum requirements for applying thechange theme?1. Identified issues must be assessed for their impact on the business justification for theproject.2. Project issues must be captured, examined and managed throughout the projectlifecycle.3. The actual status of products must be verified to ensure that this matches theauthorized state.4. A budget must be established to pay for requests for change and their analysis. 1 and 2 2 and 3 3 and 4 1 and 4 2 / 60 What should be defined to determine the boundaries of delegated authority in accordance with the “manage by exception” principle? Scope of the project Costs of the project Timescales for the project Tolerances for the project 3 / 60 Identify the missing words in the following sentence.If a baselined product requires alteration, the recommended [ ? ] procedure, or equivalent procedure should be used. risk management exception management issue and change control quality control 4 / 60 Which statement correctly describes project assurance and quality assurance? Project assurance provides assurance to the project’s stakeholders whereas quality assurance provides assurance to the wider corporate, programme or customer organization They are both the responsibility of the project board, but project assurance may be delegated They are both independent of the project management team Project assurance and quality assurance are both the responsibility of corporate, programme management or the customer 5 / 60 How is it determined whether a project has achieved its objectives? During the ‘closing a project’ process During the final end stage assessment During the ‘controlling a stage’ process During the ‘managing product delivery’ process 6 / 60 PRINCE2 mandates that the project board represents the primary stakeholder interests. Which principle does this follow? Manage by stages Focus on products Defined roles and responsibilities Learn from experience 7 / 60 Which two statements about the ‘continued business justification’ principle are CORRECT?1. The business justification for a project should be documented.2. The project manager should be responsible for the business justification.3. A project must be stopped if the business justification changes.4. Compulsory projects still require business justification. 1 and 2 2 and 3 3 and 4 1 and 4 8 / 60 Identify the missing words in the following sentence.Any change to the products agreed at the start of a stage is monitored as part of the [ ? ] process, on a day-to-day basis. directing a project controlling a stage managing a stage boundary closing a project 9 / 60 Which document is used to identify interested parties that need to be informed of project closure? Change control approach End project report Communication management approach Project brief 10 / 60 Which statement about controls is CORRECT? A highlight report is an event-driven control An exception report is a time-driven control A daily log is an event-driven control A checkpoint report is a time-driven control 11 / 60 Which is a phase in the suggested planning process outlined by PRINCE2? Identify activities and dependencies Describe the means of communication for the project Implement responses for opportunities Baseline the project deliverables 12 / 60 When might the “controlling a stage” process be applied? When managing a long initiation stage of a complex project When managing the activities of a complex programme When organizing support activities following the handover of products to operations When creating an exception plan to replace the current stage plan 13 / 60 Which is a responsibility of the team manager role? To accept authorized work packages from the project manager To review the highlight report for the previous reporting period To review the tailoring approach and its implications for project controls To examine and escalate issues, taking necessary corrective actions 14 / 60 By implementing the “tailor to suit the project” principle, what is likely to be avoided? Unnecessary management effort Project risks Training Procurement procedures 15 / 60 Which is a purpose of the ‘controlling a stage’ process? To agree, perform and deliver project work To draft a plan for the next stage To agree tolerances for the stage To take action so that the stage remains within tolerance 16 / 60 Which describes the ‘implement’ step within the recommended risk management procedure? Project support allocates the risk budget to fund the selected risk responses The risk owner decides the best response to control the risk The risk owner and the risk actionee carry out activities to control and deal with the risk The project manager formulates the risk management approach 17 / 60 What is risk probability? The scale of the risk should it occur The probable effect on the project being able to deliver its objectives A probable timeframe within which the risk may occur A measure of the likelihood of the risk occurring 18 / 60 What makes a project a PRINCE2 project? It has project processes that satisfy the objectives of PRINCE2 processes It has a permanent project organization to deliver a long-term result It has established technology to improve business as usual It applies some of the PRINCE2 principles 19 / 60 Which is a responsibility of the business representative on the project board? To set tolerance levels for the project To ensure the project represents value for money To confirm the project delivers the required functionality To check the required quality levels are achieved by the project’s products 20 / 60 What benefit does using the ‘learn from experience’ principle offer? 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 21 / 60 Which is a minimum requirement for applying the quality theme? To define the use and format of quality records To define the project’s approach to quality assurance To define proxy measures that indicate achievable benefits To define the project’s approach to project assurance 22 / 60 Who is responsible for documenting any tailoring of work packages? Executive Project manager Team manager Project support 23 / 60 If a work package is forecast to exceed its tolerances, how should a team manager inform the project manager? By submitting an exception report By submitting an exception plan By raising an issue By raising a risk 24 / 60 Which of the following is a necessary condition for applying the risk theme? To assign risk actionees to undertake planned risk responses To escalate identified threats to the project board To record identified threats in a risk register To establish a risk budget to fund responses to risks 25 / 60 Which is an objective of the ‘initiating a project’ process? To ensure that there is authority to initiate the project To prepare the plans for the subsequent delivery stages To summarize how the organization’s project management method will be tailored for the project To request authority from programme, corporate management or the customer to deliver the project 26 / 60 Which product provides the version number of all products in a particular stage? Issue register Product status account Product description Configuration item record 27 / 60 Which two statements describe a highlight report?1. It provides a summary of the stage status.2. It is used by the project board to monitor the progress of the stage and project.3. It is produced by the project manager when a new risk is identified.4. It is used by the project manager to escalate an exception. 1 and 2 2 and 3 3 and 4 1 and 4 28 / 60 Which process provides the project board with the information it requires in order to commit resources to the project? Managing product delivery Initiating a project Controlling a stage Directing a project 29 / 60 Which is a purpose of the business case theme? To establish mechanisms for managing issues that may impact the baseline To establish methods to judge whether the ongoing project is justified To assess and control uncertain events or situations To describe how products will be delivered that are fit for purpose 30 / 60 Which is a purpose of the quality theme? To define how the project will ensure that its products are fit for purpose To define the procedures for the control and modification of project products To establish mechanisms to judge whether the project remains desirable and achievable To enable the assessment of continuing project viability 31 / 60 Which is a responsibility of the change authority? To ensure an acceptable solution is being developed To prepare a team plan and agree it with the project manager To maintain project files according to document control procedures To approve or reject requests for change within the delegated limits 32 / 60 Which role is responsible for the management of a risk assigned to it? Project support Risk owner Risk actionee Project assurance 33 / 60 Which theme establishes mechanisms to monitor and compare actual achievements against those planned? Risk Change Progress Quality 34 / 60 What information must be included in the project initiation documentation to comply with the minimal standards for utilizing the progress theme? The overall approach to managing by exception The tailoring required for progress reports The tolerance areas that will not be controlled The levels of management control that will be used 35 / 60 Which two statements about the risk theme are CORRECT?1. It identifies how to manage risks at the corporate programme management or customer level of an organization.2. It aims to support better decision-making through a good understanding of threats and opportunities.3. It explains the risk management activities to use to improve the chances of a project delivering its objectives.4. It identifies, assesses and controls approved changes to the baseline. 1 and 2 2 and 3 3 and 4 1 and 4 36 / 60 Which of the following is a supplier’s responsibility in a customer/supplier relationship? To deliver the benefits of the project To provide the project mandate To deliver the outputs of the project To provide the requirements for the products 37 / 60 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 control To record any identified risks in the risk register 38 / 60 What takes place during the ‘closing a project’ process? The post-project benefits reviews are performed Ownership of the project’s products is transferred to the customer An end stage report is prepared for the final stage The project closure notification is reviewed and approved 39 / 60 Identify the missing word in the following sentence.A management stage can be longer when risk is [ ? ], typically in the middle of projects. complex understood lower higher 40 / 60 What does applying the ‘manage by stages’ principle ensure? That the customer’s quality expectations and acceptance criteria are captured and agreed That the project is properly initiated before work begins on delivery of the project’s outputs That the project management team understands what they are accountable for That the project is only started and continued if it is desirable, viable and achievable 41 / 60 Which is a purpose of a quality management approach? To define the customer’s quality expectations for the project To define the quality standards to be applied to a project To identify the level of quality required for each of the project’s products To summarize the planned quality management activities 42 / 60 Which is a purpose of the plans theme? To identify, assess and control uncertainty within the project To establish a coding system for all components of the project’s products To define the means of delivering the products To produce a benefits management approach 43 / 60 Which statement describes the ‘directing a project’ process? It enables the project board to assure that there is continued business justification It covers the day-to-day activities of the project manager It ensures there are regular progress meetings D. It begins on completion of the ‘initiating a project’ process 44 / 60 When should the team manager produce a checkpoint report? When a work package is being negotiated At the frequency agreed in the work package On completion of the quality-checking activities for each product When reviewing how a stage is progressing 45 / 60 Which is a minimum requirement for applying the organization theme? To define the project assurance role of team managers. To combine roles, where possible, to simplify the organization. To appoint a business change manager as senior user when the project is part of a programme. To define the approach to engaging with stakeholders. 46 / 60 Which is an objective of the ‘managing a stage boundary’ process? To enable the project board to commit resources and expenditure required for the initiation stage To review and, if necessary, update the project initiation documentation To act as a break between those managing the project and those creating products To ensure a periodic review is carried out to approve the products created within the completed stage 47 / 60 Which is a characteristic of a project? It is considered low risk It avoids stresses and strains between organizations It maintains business as usual It involves cross-functional teams 48 / 60 Which roles should NOT be combined? Project board and change authority Project manager and team manager Executive and project manager Project manager and project support 49 / 60 Which is a feature of PRINCE2? It is a method specifically designed for technical projects It promotes continual learning in organizations It includes many motivational techniques It is designed to manage both projects and programmes 50 / 60 How does the “focus on products” principle be supported by specifying a product’s quality requirements? By providing the project’s tolerances so that authority can be delegated By providing the responsibilities for the project management team By providing the justification for the project to be initiated By providing an explicit understanding of what the project must deliver 51 / 60 When should the ‘managing a stage boundary’ process be undertaken? Close to the end of each management stage Close to the start of each management stage At the end of the final stage At the end of the ‘starting up a project’ process 52 / 60 Which process aims to ensure that during the project all parties understand the project objectives? Managing stage boundaries Controlling a stage Initiating a project Directing a project 53 / 60 How is the project initiation documentation used during the ‘closing a project’ process? It is used as the basis for comparing the original aim of the project against what was actually achieved It provides the controls for the final stage of the project It is updated to include relevant lessons from previous projects It provides the project product description for approval by the project board 54 / 60 Which is a minimum requirement for applying the business case theme? To document the responsibility for defining the standards for the business case To appoint a senior user from an area of the business impacted by the project To have the benefits management approach approved by the participants of benefits reviews To delegate the development of the business justification to the project manager 55 / 60 In which process is authorization given to deliver the project’s products? Starting up a project Initiating a project Managing a stage boundary Directing a project 56 / 60 What should be provided by a project mandate? Terms of reference for a project A detailed business case Tolerances for each management stage A plan for the initiation stage 57 / 60 Which statement about project stakeholders is CORRECT? All stakeholders must be identified at the start of the project All stakeholders are members of the project board All stakeholders are external to the corporate organization All three principle categories of stakeholder have their interests represented by the project board 58 / 60 Which management stages must a PRINCE2 project consist of, as a minimum? Starting up, initiation, and at least one other stage for the rest of the project At least one stage for developing products, and a closing stage Initiation, and at least one other stage for the rest of the project Initiation, at least one stage for developing products, and a closing stage 59 / 60 Identify the missing words in the following sentence. The management of information security incidents usually requires [?]. A separate process Immediate escalation Specialist teams Third party support 60 / 60 What is a project outcome? A measurable improvement that is perceived as an advantage by one or more stakeholders The reason for the project The result of the change derived from using the project’s outputs The project’s specialist products Your score is 0% For more Sample papers, refer the links below: PRINCE2-Foundation Exam 1 PRINCE2-Foundation Exam 2 PRINCE2-Foundation Exam 3 PRINCE2-Foundation Exam 4 PRINCE2-Foundation Exam 5 PRINCE2-Foundation Exam 7 PRINCE2-Foundation Exam 8
