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NEW QUESTION # 171
Which describes risk probability?
- A. Probable effect on the project delivering its objectives
- B. Level of risks which the project can tolerate before escalating to the Project Board
- C. Timeframe within which the risk may occur
- D. A measure of the likelihood of the risk occurring
Answer: D
NEW QUESTION # 172
Which is a purpose of the Risk theme?
- A. Identify, assess and control problemsthat have occurred
- B. Establish a method for the implementation of continuous improvement during the project
- C. Provide the Project Board with a time-driven control to capture all project risks
- D. Establish a cost-effective procedure to identify, assess and control risks
Answer: D
NEW QUESTION # 173
Identify the missing words in the following sentence.
The 'directing a project' process starts when [ ? ] and is triggered by the request to initiate a project.
- A. the 'starting up a project' process is completed
- B. corporate, programme management or the customer have authorized a project
- C. the project mandate has been approved by the project board
- D. the project board has agreed the project strategies
Answer: A
Explanation:
Reference https://www.siliconbeachtraining.co.uk/blog/prince2-directing-project-process-dp
NEW QUESTION # 174
What action is taken as part of the 'controlling a stage' process?
1. Create an exception plan
2. Authorize work to be done
3. Take corrective action
4. Obtain approvals for completed products
- A. 1 and 2
- B. 3 and 4
- C. 1 and 4
- D. 2 and 3
Answer: D
Explanation:
As part of the 'controlling a stage' process, the actions taken include authorizing work to be done (2) and taking corrective action (3) as necessary to manage the stage effectively and keep the project on track.
References: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.
NEW QUESTION # 175
Which is a minimum requirement when applying the business case theme?
- A. To define the management actions required to ensure the project's outcomes are achieved
- B. To specify the solution to be used to deliver the business option selected
- C. To integrate the benefits management approach with the project and stage plans
- D. To ensure the corporate business plan is updated with the project costs and benefits
Answer: B
NEW QUESTION # 176
Which are benefits of using PRINCE2?
1. It removes the need for activity-based planning
2. It promotes learning and continuous improvement
3. It can be applied to any type of project
4. It defines specific leadership and other interpersonal skills required
- A. 1 and 2
- B. 3 and 4
- C. 1 and 4
- D. 2 and 3
Answer: D
Explanation:
Reference https://www.axelos.com/best-practice-solutions/prince2/key-benefits-of-prince2
NEW QUESTION # 177
Where should a team manager look for information about the quality required for a product?
- A. Quality management approach
- B. Team plan
- C. Product description
- D. Project initiation documentation
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Quality#The_Quality_Knowledge_provided_by_PRINCE2
NEW QUESTION # 178
Which enables the project's products and all interdependencies to be clearly identified and documented?
- A. Quality review technique
- B. Product-based planning technique
- C. Product breakdown structure
- D. Quality Management Strategy
Answer: B
NEW QUESTION # 179
Which product defines how the project board should approve the management products produced during the 'initiating a project' process?
- A. Project plan
- B. Communication management approach
- C. Initiation stage plan
- D. Quality management approach
Answer: A
NEW QUESTION # 180
Which is a purpose of an Issue Report?
- A. Provide the status of all the issues in a stage
- B. Document an issue that needs to be handled formally
- C. Notify the Project Manager of all new issues in a Work Package
- D. Provide the status of all issues in a Work Package
Answer: B
NEW QUESTION # 181
Identify the missing words in the following sentence.
The 'managing a stage boundary' process should be executed [ ? ] a management stage.
- A. at the beginning of
- B. when all the delivery steps have been completed within
- C. at, or close to the end of,
- D. when a stage plan has been prepared for
Answer: C
Explanation:
The "Managing a Stage Boundary" process in PRINCE2 should be executed at, or close to the end of, a management stage. This timing allows for proper assessment of the stage's outcomes and preparation for the next stage, ensuring effective planning and reporting as required by the project board. References:
PRINCE2 Foundation Handbook, Managing a Stage Boundary section.
NEW QUESTION # 182
Which are characteristics of stakeholders?
1. They are often affected by the project
2. They agree with every project objective
3. They are only/always external to the corporate organization
4. They typically interact with the project
- A. 1 and 4
- B. 1 and 2
- C. 2 and 3
- D. 3 and 4
Answer: A
Explanation:
Explanation
Reference https://www.prince2.com/blog/how-to-identify-stakeholders/
NEW QUESTION # 183
Which is NOT confirmed during the Initiating a Project process?
- A. Who will make decisions on any changes during the project
- B. Whether the expected benefits have been achieved
- C. How the method will be tailored for the size and complexity of the project
- D. How the management and specialist products of the project should be baselined
Answer: B
NEW QUESTION # 184
Which is a purpose of the Risk Register?
- A. Act as a central record of information relating to the identified risks for the project
- B. Describe the risk management techniques and standards to be applied to the project
- C. List the responsibilities for achieving an effective risk management procedure
- D. Act as a repository for informal issues
Answer: A
Explanation:
The purpose of the Risk Register in PRINCE2 is to act as a central record of information relating to the identified risks for the project. It includes details about each risk such as their description, probability, impact, and countermeasures. The register helps in monitoring and controlling risks efficiently throughout the project lifecycle.References: PRINCE2 7 Foundation handbook and documents.
NEW QUESTION # 185
Which process provides information for the project board to review an updated project plan?
- A. Controlling a stage
- B. Managing a stage boundary
- C. Initiating a project
- D. Directing a project
Answer: D
NEW QUESTION # 186
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