PRINCE2-Foundation Practice Exam and Study Guides - Verified By Exam4Tests Updated 310 Questions [Q155-Q174]

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PRINCE2-Foundation Practice Exam and Study Guides - Verified By Exam4Tests Updated 310 Questions

2022 Updated Verified Pass PRINCE2-Foundation Study Guides & Best Courses


PRINCE2 Foundation PR2F Exam

PRINCE2 Foundation PR2F Exam which is related to Exin PRINCE2 Foundation and credits toward Exin Project Management Certification. This exam focuses on the characteristics and context of a project and the benefits of adopting PRINCE2 the purpose of the PRINCE2 roles management, products, and themes, objectives and context of the PRINCE2 to process. It also deals with the ability to provide a structured universally acceptable project management method that covers the PRINCE2 principles, themes and processes required to successfully deliver the projects within time, cost and quality constraints.

 

NEW QUESTION 155
As a minimum requirement for applying the risk theme, what must specifically be assessed?

  • A. Whether a risk may cause the project to exceed its cost tolerance
  • B. Whether a risk may alter the project's business justification
  • C. Whether a risk may affect the project-level quality tolerances
  • D. Whether a risk may impact the underlying technical assumptions

Answer: B

 

NEW QUESTION 156
Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity

  • A. Reduce
  • B. Avoid
  • C. Transfer
  • D. Share

Answer: D

 

NEW QUESTION 157
Which process provides the Project Board with the information it requires in order to commit
resources to the project?

  • A. Directing a Project
  • B. Managing Product Delivery
  • C. Initiating a Project
  • D. Controlling a Stage

Answer: C

 

NEW QUESTION 158
Identify the missing words in the following sentence. A purpose of the Plans theme is to [ ?
] the project's plans

  • A. define the project benefits to be achieved by each of
  • B. summarize the results of the quality activities performed on
  • C. provide a framework to design, develop and maintain
  • D. define a coding system to provide a unique identifier for the products within

Answer: C

 

NEW QUESTION 159
A product can NOT be supplied to meet all of the requirements in its baselined Product
Description. What first action should be taken?

  • A. Raise an off-specification
  • B. Amend the Work Package
  • C. Write an Exception Report
  • D. Raise a request for change

Answer: A

 

NEW QUESTION 160
Which is a purpose of a lessons log?

  • A. To escalate lessons to the project board
  • B. To raise improvements with project assurance
  • C. To document that corrective action is being taken
  • D. To record any lessons that are raised in checkpoint reports

Answer: D

Explanation:
Explanation/Reference:
Reference https://mplaza.pm/prince2-lessons-log-template/

 

NEW QUESTION 161
Which product defines how the project board should approve the management products produced during the
'initiating a project' process?

  • A. Quality management approach
  • B. Initiation stage plan
  • C. Project plan
  • D. Communication management approach

Answer: C

Explanation:
Section: Volume B

 

NEW QUESTION 162
Which is a benefit of using PRINCE2?

  • A. Is a method specifically designed for technical projects
  • B. Provides for the efficient and economic use of management time
  • C. Includes many of the proven planning techniques, such as critical path analysis
  • D. Can be used tomanage both projects and programmes

Answer: B

 

NEW QUESTION 163
Which theme provides all management levels within the project management team with mechanisms for monitoring and control?

  • A. Progress
  • B. Organization
  • C. Change
  • D. Quality

Answer: A

Explanation:
Explanation
Reference https://www.whatisprince2.net/prince2-theme-progress.php

 

NEW QUESTION 164
What is described as an organization's unique attitude towards risk taking

  • A. Risk appetite
  • B. Risk evaluation
  • C. Risk management
  • D. Risk tolerance

Answer: A

Explanation:
Section: Volume B

 

NEW QUESTION 165
Which is a responsibility of the project board?

  • A. To implement the change control approach
  • B. To manage the team managers and project support
  • C. To ensure production of the project's outputs
  • D. To ensure effective communication with external stakeholders

Answer: D

Explanation:
Reference: http://prince2.wiki/Organization#Project_Board

 

NEW QUESTION 166
Which is NOT one of the levels of plan recommended by PRINCE2?

  • A. Project Plan
  • B. Stage Plan
  • C. Team Plan
  • D. Benefits Review Plan

Answer: D

 

NEW QUESTION 167
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. 2 and 3
  • B. 1 and 4
  • C. 1 and 2
  • D. 3 and 4

Answer: B

Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.prince2.com/blog/how-to-identify-stakeholders/

 

NEW QUESTION 168
Which is a purpose of an End Project Report?

  • A. Ensure that key project information is archived and made secure
  • B. Identify individuals or groups that need to be told that the project is coming to an end
  • C. Review how well the project performed against the Project Initiation Documentation used to authorize it
  • D. Identify individuals or groups that are responsible for measuring the expected benefits after the project has closed

Answer: C

 

NEW QUESTION 169
Which is a purpose of an End Stage Report?

  • A. Summarize progress to enable the Project Board to decide what action to take next
  • B. Provide a plan for the next stage of the project
  • C. Provide the detailed analysis of a deviation and offer options for the way to proceed
  • D. Summarize how the project performed against the version of the Project Initiation
    Documentation used to authorize it

Answer: A

 

NEW QUESTION 170
Which is a purpose of the 'managing a stage boundary' process?

  • A. To enable the project board to approve the continuation of the project
  • B. To exercise overall control over the project while delegating day-to-day management
  • C. To assign work to be controlled by the team manager
  • D. To define the work that needs to be done to deliver the project product

Answer: A

Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Managing_a_Stage_Boundary#Objective

 

NEW QUESTION 171
Which of the following refers to the actions identified to bring a situation to a level where exposure to a risk is acceptable?

  • A. Risk response
  • B. Risk category
  • C. Risk status
  • D. Risk description

Answer: A

Explanation:
Section: Volume B

 

NEW QUESTION 172
Which is an objective of the 'initiating a project' process?

  • A. To ensure that baselines are established and controlled
  • B. To ensure that the business case is kept under review
  • C. To ensure that the planned products are delivered within tolerances
  • D. To ensure that user acceptance of the products is confirmed

Answer: C

Explanation:
Explanation/Reference:
Reference http://prince2.wiki/Initiating_a_Project#Objective

 

NEW QUESTION 173
Which should be provided by a project mandate?

  • A. Initiation Stage Plan
  • B. Terms of reference
  • C. Detailed Business Case
  • D. Stage tolerances

Answer: B

Explanation:
Section: Volume B
Explanation

 

NEW QUESTION 174
......


Who should take the PRINCE2-Foundation: PRINCE2 Foundation Exam

PRINCE2 is one of a structured technique of project management and certification program for practitioners. It highlights the division of tasks into controlled and achievable steps. It is intended for project managers, project managers and all project managers. This quality. This quality. This comprises project committee members (e.g. SCO), the team leaders (e.g. Product delivery managers) and the project assurance (e.g. Business Change Analysts), project support (e.g. project and program office employees) and operational line managers/staff. This also applies to other key staff involved in the idea, development and execution of projects. In addition to investing in personal growth and broader training via a real-life project experience, it is essential to guarantee that you do this. As you know, certification plays a key role in your economical, personal and other development. You have to know how you use HR so the odds of choosing your candidate are very high and so you may obtain a prestigious position in your business. In addition, when candidates are certified, the business has trust in the execution of projects.

 

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