PRINCE2 Foundation Exam 8 PRINCE2 Foundation Exam 8 1 / 60 Which principle advises that a project should have three primary stakeholders? Roles management Continued business justification Define roles and responsibilities Agree on an approach for Risk management 2 / 60 The project manager decides to break down the project into sequential sections. Which principle is being applied? Manage by stages Stakeholder management Learn from experience Manage by exception 3 / 60 Which role specifies the needs of those who will operate or maintain the project’s products after the project is complete? Senior supplier Team manager Senior user Quality Assurance 4 / 60 The project manager seeks opportunities to implement improvements during the life of the project. Which principle is being applied here? Learn from experience Focus on products Lessons Log Manage by lessons 5 / 60 Which principle helps to prevent the wrong people from being involved in the project? Manage by exception Manage by benefits Define roles and responsibilities Stakeholder management 6 / 60 Identify one of the six project variables of project performance. Supplier benefits Reports Benefits Issues 7 / 60 Which PRINCE2 principle ensures value for money? Benefits management Manage by business exception Continued business justification Issue management 8 / 60 Identify the management product that is normally created by the PM for each item listed in the product breakdown structure, which also contains quality criteria information. Product status account Exception plan Product description Team plans 9 / 60 Which principle helps to ensure that the purpose of a project is to fulfil stakeholder expectations by making sure there is a common understanding of the products required and the quality expectations? Learn from experience Product-based planning Focus on products Manage by stages 10 / 60 Ensure the PM spends an appropriate amount of time on issue and change control during the controlling a stage process is a minimum requirement for which theme? Scope management Procurement Change Quality 11 / 60 Projects are temporary and have a characteristic of uniqueness that makes projects challenging. Which principle helps the project deal with the lack of know-how within the project team? Manage by stages Business case Learn from experience Tailor to suit the project environment 12 / 60 Document the justification for the project is a minimum requirement for which theme? Procurement Quality Business case Plans 13 / 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 14 / 60 What should be considered when defining the number of management stages in a project? When the team managers are available When key decisions need to be made When highlight reports will be submitted When project support will be available 15 / 60 Which statements about quality assurance and project assurance are CORRECT? They are both independent of the project manager They are both the responsibility of the project board They are both independent from the project management team They both assure that applicable standards are being used 1 and 2 2 and 3 3 and 4 1 and 4 16 / 60 Which is the minimum requirement for applying the business case theme? To provide statements of actual benefits at benefits reviews To report on project performance at project closure To define the actions required to confirm the project’s benefits are realized To monitor changes to the project plan to identify exceptions 17 / 60 Which theme verifies that a project’s products are fit for purpose? Business case Organization Quality Progress 18 / 60 Which are the benefits of using PRINCE2? It removes the need for activity-based planning It promotes learning and continuous improvement It can be applied to any type of project It defines specific leadership and other interpersonal skills required 1 and 2 2 and 3 3 and 4 1 and 4 19 / 60 Which process provides information for the project board to review a completed stage and confirm continued business justification? Controlling a stage Closing a project Directing a project Managing a stage boundary 20 / 60 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 21 / 60 Identify the missing words in the following sentence. The ‘managing a stage boundary’ process should be executed [ ? ] a management stage. when a stage plan has been prepared for at the beginning of when all the delivery steps have been completed within at, or close to the end of, 22 / 60 The application of which principle helps to define what should be included in a project? Defined roles and responsibilities Focus on products Manage by stages Continued business justification 23 / 60 Which is a minimum requirement for applying the ‘progress’ theme? To ensure progress towards the outcome remains consistent To maintain the project’s registers and logs To manage by exception against tolerances set for time and cost To produce highlight and end stage reports 24 / 60 When should the level of tailoring be defined? During the initiation stage When reviewing what has been learned to date As a response to issues and risks experienced Before the project is triggered by the project mandate 25 / 60 Which is an objective of the ‘initiating a project’ process? To ensure that baselines are established and controlled To ensure that the business case is kept under review To ensure that the planned products are delivered within tolerances To ensure that user acceptance of the products is confirmed 26 / 60 Identify the missing words in the following sentence. The role of [ ? ] is assigned to the project manager if it is not allocated to another person. change authority project assurance project support senior user 27 / 60 What is a supplier of a PRINCE2 project responsible for? Providing the project mandate Providing resources to deliver the project outputs Establishing the project’s governance Realizing the benefits from the project 28 / 60 To meet the minimum requirements for applying the progress theme, when must the business justification be reviewed? At the start of the project Throughout each stage When a change is raised In exception situations 29 / 60 Which is the purpose of the ‘initiating a project’ process? To produce a stage plan for each stage of a multi-stage project To enable the project board to decide whether it is worthwhile to initiate a project To provide a fixed point at which acceptance for the project product is confirmed To enable an organization to understand the work needed to deliver the project’s products 30 / 60 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 31 / 60 What information should be recorded in the quality register? Planned activities to determine whether the products are fit for purpose Potential threats to the project’s objectives and how they will be managed Lessons that the project will capture and use during the project Off-specifications that will occur during the project 32 / 60 What problem may occur if projects are not aligned with corporate business strategy? The control of projects may be poor The outputs may be of poor quality The objectives of different projects may overlap The project management approaches used may differ 33 / 60 Which is the minimum requirement for applying the change theme? To establish a change budget to fund changes in To appoint the project manager as part of the change authority To define the project’s approach to baselining products To record every issue that is raised in the issue register 34 / 60 Why is the ‘learn from experience’ principle applied to a project? To enable the project team to repeat successes from previous projects To enable the project team to develop a business case for the project To allow the project to be divided into management stages To enable the project team to use tolerances to delegate authority 35 / 60 What should the ‘managing product delivery’ process ensure? That the planned products meet their quality criteria That the stage plan is kept up to date That the project board is provided with progress information That the planned products are delivered within tolerance 1 and 2 2 and 3 3 and 4 1 and 4 36 / 60 According to the ‘tailor to suit the project’ principle, what is the basis for effective project management? That the appropriate number and type of meetings are held That the project is divided into an appropriate number of stages That the appropriate information is provided to make decisions That the project method relates to the project’s environment 37 / 60 Which PRINCE2 principle is being applied when tolerances are set for the three levels of plan? Manage by stages Manage by exception Continued business justification Learn from experience 38 / 60 Which describes an off specification? An interdependency between products that was previously unidentified The addition of an improvement to a product description A prototype demonstrating a possible design solution The production of more than the defined quantity of a specialist product That the right people are involved in appropriate roles 39 / 60 Which is the first task of PRINCE2’s recommended approach to ‘defining and analyzing the products’? Creating a product flow diagram Writing the product description Writing a project product description Documenting the plan 40 / 60 Which is the objective of the ‘starting up a project’ process? To approve the initiation stage To select the project mandate To define the project quality management approach To appoint the project management team 41 / 60 In a commercial environment, which process links the team manager and the PRINCE2 method used in a project? Directing a project Managing product delivery Managing a stage boundary Initiating a project 42 / 60 Which PRINCE2 principle is being applied when tolerances are set to establish limits of authority and accountability? Continued business justification Defined roles and responsibilities Manage by exception Manage by stages 43 / 60 Which is a purpose of the ‘managing a stage boundary’ process? To enable the project board to approve the continuation of the project To exercise overall control over the project while delegating day-to-day management To assign work to be controlled by the team manager To define the work that needs to be done to deliver the project product 44 / 60 Which product identifies how often stakeholders require information? Communication management approach Lessons report Configuration item record Benefits management approach 45 / 60 Which are the purposes of the quality theme? To implement continuous improvement during the project To establish how the project will ensure that products created will be acceptable to key stakeholders To ensure that the project is desirable and achievable To identify, assess and control uncertainty 1 and 2 2 and 3 3 and 4 1 and 4 46 / 60 What is performed as part of the recommended risk management procedure? A budget to investigate issues is allocated Risk management practices are reviewed to ensure that they are performed effectively Information about risks to the projects is sent to project stakeholders Conflicts between the project and the programme board are resolved 47 / 60 Within which integrated element does PRINCE2 set minimum requirements? Themes Processes Principles Project environment 48 / 60 Which is the purpose of the ‘controlling a stage’ process? To produce a team plan for the work to be assigned to a team manager To select and implement actions that will resolve deviations from a plan within tolerance To obtain approvals for products delivered in a work package To update a project plan to incorporate the actuals from a stage plan 49 / 60 Which is the purpose of a project brief? To act as a base document which enables the project board to assess progress To provide a sound basis for project initiation To define how the achievement of the project’s benefits can be measured To provide a description of the means and frequency of communication 50 / 60 Which role is responsible for the quality of the specialist products delivered in the project? Executive Senior user Senior supplier Project assurance 51 / 60 What must be included in the risk management approach, as a minimum requirement for applying the risk theme? A description of the risk management procedure An explanation of the company’s risk appetite The names of the assigned actionees for each risk Estimations of the likelihood and impact of risks 52 / 60 Identify the missing word in the following sentence. The PRINCE2 method addresses project management with four integrated elements: principles, themes, [ ? ] and tailoring PRINCE2 to the project environment. activities processes products quality 53 / 60 Which is the minimum requirement for applying the organization theme? Each member of the project management team must have a written role description The roles of the project management team must be combined, wherever possible The project manager must be appointed from the supplier organization The frequency of communication to the project’s stakeholders must be documented 54 / 60 Which statement about time-driven controls is CORRECT? Time-driven controls are used for monitoring the progress of work packages and management stages Time-driven controls take place when specific events happen Time-driven controls are produced at the end of a stage An exception report is a time-driven control 55 / 60 Which is a factor when deciding the duration of a management stage? The work packages to be delivered The level of risk in the project The cost of the stage The number of products to be produced in the project 56 / 60 What information about benefits management must be documented to meet the minimum requirements for applying the business case theme? The senior user’s responsibilities for realizing benefits Statements of actual versus forecast benefits at reviews The management actions needed to ensure benefits are realized No specific documents related to benefits are necessary 57 / 60 According to PRINCE2, why might there be more than one business case for a project? There may be more than one management stage in the project The project may be in a commercial environment with a number of suppliers There may be more than one work package being delivered in the project The project may be in a programmed environment 58 / 60 What is a benefits management approach used to assess? How the project’s products have performed when in operational use The effectiveness of the project strategies How the project has progressed against its plans The suitability of the project management team structure 59 / 60 Why is the ‘initiating a project’ process useful? To decide which project approach is suitable for the project To fully understand how the project objectives will be achieved before committing significant resources To produce the required work packages To enable corporate or programmed management to give authorization to deliver a project 60 / 60 Identify the missing word in the following sentence. A project’s [ ? ] are the measurable improvements resulting from the outcomes achieved through the use of the project’s outputs. benefits dis-benefits issues risks 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 6 PRINCE2-Foundation Exam 7
