PRINCE2 Foundation Exam 4 PRINCE2 Foundation Exam 4 1 / 60 Which aspect of project performance must be managed to ensure the project’s products are fit for purpose? Benefits Quality Risk Scope 2 / 60 Which is one of the six aspects of project performance that needs to be managed? Progress Change Risk Security 3 / 60 Which of the following statements about stakeholders are true?1. Someone who thinks they will be affected by a project is a stakeholder on that project.2. Stakeholders may be internal or external to the corporate organization. Only 1 is true Only 2 is true Both 1 and 2 are true Neither 1 or 2 are true 4 / 60 How many roles make up the Project Board? One Two Three Four 5 / 60 Identify the missing word in the following sentence. A member of the Project Board is responsible for [ ? ] assurance. quality supplier risk product 6 / 60 What product is used to maintain a record of those who have an interest in the project and their information requirements? Project Plan Communication Management Strategy Project Brief Project Product Description 7 / 60 Which project management team member represents the interest of those who will operate the project’s products to realize the benefits after the project is complete? Executive Senior User Senior Supplier Project Manager 8 / 60 Which does the Executive need to ensure is in place before the project is initiated? All Work Packages are authorized An understanding of how the project will contribute to corporate objectives The Project Plan has been approved The Project Initiation Documentation is complete 9 / 60 Which is NOT represented by one of the three primary categories of stakeholder identified in PRINCE2? Those with a financial interest in the project Those who will manage the project on a day-to-day basis Those who will specify the desired outputs of the project Those who will create the project’s outputs 10 / 60 Which is NOT a purpose of the Organization theme? Define a project management team structure Define the level of tolerance for each level of the project management team Define the Project Board’s responsibility for directing the project Define which role is accountable for the project’s success 11 / 60 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 StageReport to external interested parties. Stage Plan Communication Management Strategy Follow-on action recommendations Quality Management Strategy 12 / 60 When should the Project Board refer to corporate or programme management for a decision? The stage requires resources It is forecast that project level tolerance will be exceeded The Senior Supplier or Senior User needs to be changed Any request for change needs to be approved 13 / 60 Which of the following can be done to control the size of the Project Board on a project that involves multiple users and suppliers? Create a separate Project Board to manage the supplier elements of the project Create multiple smaller Project Boards during the process of Starting up a Project, one for each of the project’s stages. Create user and supplier groups Appoint corporate quality assurance to perform the Project Assurance role for all members of the Project Board 14 / 60 What is the collective name for individuals or groups who may be affected by a project? Customers Project Support Stakeholders Team members 15 / 60 Which two roles are linked by the Managing Product Delivery process? Corporate or programme management and Project Board Project Board and Project Manager Project Manager and Team Manager Team Manager and external supplier 16 / 60 Which process covers the work done by external suppliers who may NOT be using PRINCE2? Closing a Project Managing a Stage Boundary Managing Product Delivery Directing a Project 17 / 60 What process aims to ensure accurate progress information is provided to the Project Manager? Starting up a Project Managing a Stage Boundary Managing Product Delivery Directing a Project 18 / 60 Which is an objective of the ‘managing product delivery’ process? To authorize the work package allocated to the team To raise exception reports when tolerance is exceeded To ensure that delivered products match expectations To record any lessons to help later management stages 19 / 60 From whom does a Team Manager obtain approval for a completed product? Project Manager Project Support The authority defined in the Product Description Senior Supplier 20 / 60 Which is a purpose of the Managing Product Delivery process? Enable the Senior Supplier to be provided with sufficient information by the Project Manager so that they can review the success of the current Work Package Provide a controlled link between the Project Manager and the Team Manager(s) Enable the Project Board to request updates to the current Team Plan Establish solid foundations for the project 21 / 60 Which is a purpose of the Initiating a Project process? Decide if it is worthwhile to initiate a project Decide on the project approach Establish solid foundations for a project Identify the number of Work Packages required 22 / 60 Which is the base product against which the Project Board can assess progress, issues and ongoing viability questions? Project Brief Project Initiation Documentation Project mandate Benefits Review Plan 23 / 60 Which plan provides the Business Case with costs during the Initiating a Project process? Initiation Stage Plan Project Plan Stage Plan Team Plan 24 / 60 Which is NOT a purpose of the Initiating a Project process? Enable a Project Board decision about the commitment of resources to a project Enable an organization to understand the work that needs to be done to deliver a project’s products before a project is approved Establish solid foundations for a project Enable the Project Board to decide whether it is worthwhile to initiate a project 25 / 60 Which is an objective of the Initiating a Project process? Develop the corporate quality management system as part of the Project Initiation Documentation Prepare the plans for the subsequent stages Summarize how the organization’s project management method will be tailored for the project Request authority from corporate management to deliver the project 26 / 60 Which of the following statements about the Project Initiation Documentation are true?1. The Project Initiation Documentation is used to ensure that a sound basis exists before the Project Board authorizes a project.2. The Project Initiation Documentation should be updated at the end of each stage to reflect the current status of a project. Only 1 is true Only 2 is true Both 1 and 2 are true Neither 1 or 2 are true 27 / 60 Which statement about the Directing a Project process is true? Provides a mechanism for the Project Board to assure that there is continued business justification Covers the day-to-day activities of the Project Manager Ensures there are regular progress meetings Begins on completion of the Initiating a Project process 28 / 60 Who should act as the communication channel between a project and corporate or programme management? Project Board Project Assurance Project Manager Project Support 29 / 60 In what process is the authorization to deliver the project’s products given? Starting up a Project Initiating a Project Managing a Stage Boundary Directing a Project 30 / 60 Which is an objective of the Directing a Project process? Create and authorize the project mandate Provide management control and direction Control the day-to-day running of the project Provide accurate progress information to the Project Manager 31 / 60 Which is a purpose of the ‘directing a project’ process? To answer the question: Do we have a viable and worthwhile project? To coordinate an area of work delivering the project product’s components To delegate day to day management of the project to the project manager To provide a fixed point to confirm acceptance of the project product “The purpose of the process of directing a project is to enable the project board to be accountable for the project’s success by making key decisions and exercising overall control while delegating day-to-day management of the project to the project manager.” Ref 14.1 32 / 60 In which product does a Project Manager define the time and cost tolerances for the work to be done by a Team Manager? Product Description Team Plan Work Package Stage Plan 33 / 60 What process is used by the Project Manager to maintain focus on delivery of a stage’s products within agreed tolerances? Directing a Project Controlling a Stage Managing a Stage Boundary Managing Product Delivery 34 / 60 Which is a purpose of the Controlling a Stage process? Assign work to be done and take corrective action to ensure that the stage remains within tolerance Provide a fixed reference point at which acceptance for the project product is confirmed Enable the Project Board to be provided with sufficient information to authorize the next stage Enable the organization to understand the work that needs to be done to deliver the project’s products 35 / 60 Which process is triggered towards the end of the final stage when all the assigned work has been completed? Managing a Stage Boundary Managing Product Delivery Closing a Project Controlling a Stage 36 / 60 What process ensures focus on the delivery of a stage’s products and avoids uncontrolled change? Directing a Project Managing a Stage Boundary Controlling a Stage Starting up a Project 37 / 60 Which is a purpose of the Controlling a Stage process? Produce a Team Plan for the work to be assigned to a Team Manager Select and implement actions that will resolve deviations from a plan within tolerance Obtain approvals for products delivered in a Work Package Update a Project Plan to incorporate the actuals from a Stage Plan 38 / 60 Which is an objective of the ‘closing a project’ process? To check that all the project’s products have been accepted by the users To prepare for the final stage of the project To capture the customer’s quality expectations To ensure that all benefits have been achieved 39 / 60 Which should be used to document any uncompleted work that needs to be done to a project product after the project has closed? Off-specifications Follow-on action recommendations Issue Register Risk Register 40 / 60 Which is a purpose of the Closing a Project process? Authorize the final stage of the project Confirm that all benefits defined in the Business Case have been achieved Recognize whether objectives set out in the original Project Initiation Documentation have been achieved Delegate day-to-day management of the end of the project to the Project Manager 41 / 60 Which is an objective of the Closing a Project process? Prepare the plan for the next stage Assess any benefits that have already been realized Produce a Benefits Review Plan to identify what benefits are expected Check that all benefits are realized before closing a project 42 / 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 43 / 60 Which of the following statements about the Closing a Project process are true?1. The Closing a Project process provides a fixed point for the receipt of completed Work Packages for the work performed in the final stage.2. The Closing a Project process provides a fixed point to review if the objectives set out in the original Project Initiation Documentation have been achieved. Only 1 is true Only 2 is true Both 1 and 2 are true Neither 1 or 2 are true 44 / 60 A product can NOT be supplied to meet all of the requirements in its baselined Product Description. What first action should be taken? Raise a request for change Raise an off-specification Write an Exception Report Amend the Work Package 45 / 60 Which step in the issue and change control procedure considers alternative options for responding to an issue that is being managed formally? Capture Examine Propose Decide 46 / 60 Which is the purpose of the Change theme? To prevent change to baselined products To identify, assess and control any potential and approved changes to baselined products To establish mechanisms to monitor and compare actual achievements against those planned To assess and control uncertainty 47 / 60 If the Project Board instructs the Project Manager to implement a request for change, which document would contain details of that change? Checkpoint Report Highlight Report Issue Report Product Status Account 48 / 60 Which is the Issue Register NOT used for? Capture external events that are impacting a stage Record information about a deviation in stage tolerance Capture any threats or opportunities that might have an impact on a stage Record any problems identified when authorizing a Work Package 49 / 60 Which should be funded from a change budget? The Starting up a Project process A fallback plan An agreed change to the scope of a project A change to a plan, within allocated tolerances, due to poor estimating 50 / 60 Which should be funded by a change budget? Increase in agreed scope Initiation stage Change Authority Handover activities 51 / 60 What needs to be in place to ensure effective issue and change control? Configuration management system Manage by exception Quality planning Information needs for stakeholders 52 / 60 Which is a typical core activity within configuration management? Issue management Quality inspection Identification Preparation 53 / 60 Which is a typical core activity within configuration management? Quality assurance Risk management Verification and audit Progress reporting 54 / 60 Which is a type of issue? A lesson A request for change An Exception Report A risk with an estimated high impact 55 / 60 What is an off-specification? A new requirement A quality tolerance A type of issue A major risk 56 / 60 Which is NOT a purpose of a Benefits Review Plan? Define the period over which the cost-benefit analysis will be based Describe how to measure the performance of the project’s products in operational use Define the scope, timing and ownership of the benefit reviews required Describe how to measure and confirm any benefits that are to be realised after the project is closed 57 / 60 Which product documents the information needed to demonstrate continued business justification? Business Case Communication Management Strategy Project Product Description Quality Management Strategy 58 / 60 Which is NOT a purpose of a Benefits Review Plan? Define the period over which the cost-benefit analysis will be based Describe how to measure the performance of the project’s products in operational use Define the scope, timing and ownership of the benefit reviews required Describe how to measure and confirm any benefits that are to be realised after the project is closed 59 / 60 What is the definition of 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. 60 / 60 Which product records any project outcomes perceived as negative by stakeholders? Business Case Project Plan Communication Management Strategy Project Product Description 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 5 PRINCE2-Foundation Exam 6 PRINCE2-Foundation Exam 7 PRINCE2-Foundation Exam 8
