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PRINCE2 Foundation certification is a valuable asset for anyone who wants to pursue a career in project management or who wants to improve their project management skills. It is recognized globally and demonstrates to employers that the individual has a good understanding of the PRINCE2 methodology and can apply it to real-world scenarios. Passing the PRINCE2 Foundation exam is the first step towards becoming a certified PRINCE2 practitioner.
The PRINCE2 PRINCE2-Foundation exam consists of 60 multiple-choice questions that must be completed in 60 minutes. The questions are designed to test the candidate's knowledge of the PRINCE2 framework, principles, themes, and processes. The PR2F exam covers topics such as project organization, planning, risk management, quality management, and change management. Passing the PR2F exam is a prerequisite for taking the PRINCE2 Practitioner exam, which is the next level of certification in PRINCE2 methodology.
NEW QUESTION # 171
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 integrate the benefits management approach with the project and stage plans
- C. To specify the solution to be used to deliver the business option selected
- D. To ensure the corporate business plan is updated with the project costs and benefits
Answer: C
Explanation:
Section: Volume B
NEW QUESTION # 172
If a project is part of a programme, which 'starting up a project' process activities are MOST likely to be reduced or eliminated?
- A. Producing the additional role descriptions and validating the project product description
- B. Verifying the project approach and capturing previous lessons
- C. Appointing the project board and producing the project brief
- D. Planning the initiation stage and appointing the project manager
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Starting_Up_a_Project#Activities
NEW QUESTION # 173
Which is an objective of the Closing a Project process?
- A. Review the performance of the project against its baseline
- B. Perform any post-project reviews
- C. Review and approve the plan for project closure
- D. Create a Benefits Review Plan
Answer: A
NEW QUESTION # 174
Which is a minimum requirement for applying the business case theme?
- A. To report on project performance at project closure
- B. To define the actions required to confirm the project's benefits are realized
- C. To provide statements of actual benefits at benefits reviews
- D. To monitor changes to the project plan to identify exceptions
Answer: D
Explanation:
Section: Volume B
Explanation
Explanation/Reference: https://www.whatisprince2.net/prince2-theme-business-case.php
NEW QUESTION # 175
In which product does a Project Manager define the time and cost tolerances for the work to be done by a Team Manager?
- A. Product Description
- B. Work Package
- C. Team Plan
- D. Stage Plan
Answer: B
NEW QUESTION # 176
What product defines the reporting requirements between the Project Manager and Team Manager?
- A. Product Description
- B. Work Package
- C. Team Plan
- D. Project Brief
Answer: B
NEW QUESTION # 177
Which is a purpose of the 'initiating a project' process?
- A. To establish solid foundations for a project
- B. To decide on the project approach
- C. To decide if it is worthwhile to initiate a project
- D. To identify the number of work packages required
Answer: A
Explanation:
Explanation
Reference http://prince2.wiki/Initiating_a_Project#Objective
NEW QUESTION # 178
Which is a responsibility of a risk owner?
- A. Manage, monitor and control all aspects of an assigned risk
- B. Own and authorize the use of the risk budget to fund risk responses
- C. Identify risks to the project that might occur in their department
- D. Determine project risk appetite
Answer: A
NEW QUESTION # 179
Which PRINCE2 principle is supported by the setting of tolerances for the three levels of plan?
- A. Continued business justification
- B. Manage by stages
- C. Learn from experience
- D. Manage by exception
Answer: D
Explanation:
Topic 3, Volume C
NEW QUESTION # 180
Which product defines how the project board should approve the management products produced during the
'initiating a project' process?
- A. Quality management approach
- B. Project plan
- C. Initiation stage plan
- D. Communication management approach
Answer: B
NEW QUESTION # 181
Where should decisions regarding the tailoring of the project be recorded?
- A. Project brief
- B. Project mandate
- C. Stage plan
- D. Project initiation documentation
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 182
According to the 'continued business justification' principle, what must project benefits be aligned to?
- A. The technology available
- B. The business objectives
- C. The direction of the project board
- D. Regular deliveries throughout the project
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: https://www.whatisprince2.net/prince2-principle-continued-business-justification.php
NEW QUESTION # 183
According to the 'continued business justification' principle, when is a justifiable reason for a project FIRST needed?
- A. When authorized by the corporate, programme management or the customer
- B. After the executive has been appointed
- C. When an organization produces its business plans
- D. Before work to start the project commences
Answer: D
Explanation:
Explanation/Reference:
Reference: http://prince2.wiki/Continued_business_justification
NEW QUESTION # 184
Which should be funded by a change budget?
- A. Increase in agreed scope
- B. Handover activities
- C. Initiation stage
- D. Change Authority
Answer: A
Explanation:
Section: Volume A
NEW QUESTION # 185
Which role is responsible for the management of a risk assigned to it?
- A. Project Assurance
- B. ProjectSupport
- C. Risk actionee
- D. Risk owner
Answer: D
NEW QUESTION # 186
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.
- A. Both 1 and 2 are true
- B. Only 2 is true
- C. Neither 1 or 2 are true
- D. Only 1 is true
Answer: B
NEW QUESTION # 187
Which is a purpose of an End Project Report?
- A. Review how well the project performed against the Project Initiation Documentation used to authorize it
- B. Identify individuals or groups that are responsible for measuring the expected benefits after the project has closed
- C. Identify individuals or groups that need to be told that the project is coming to an end
- D. Ensure that key project information is archived and made secure
Answer: A
Explanation:
Section: Volume B
NEW QUESTION # 188
Which is a responsibility of the project board?
- A. To ensure production of the project's outputs
- B. To implement the change control approach
- C. To ensure effective communication with external stakeholders
- D. To manage the team managers and project support
Answer: C
NEW QUESTION # 189
Which should be provided by a project mandate?
- A. Initiation Stage Plan
- B. Stage tolerances
- C. Terms of reference
- D. Detailed Business Case
Answer: C
NEW QUESTION # 190
Which principle helps to ensure that all changes to the outputs are agreed?
- A. Focus on products
- B. Learn from experience
- C. Manage by exception
- D. Defined roles and responsibilities
Answer: D
NEW QUESTION # 191
What should the 'managing product delivery' process ensure?
1. That the planned products meet their quality criteria
2. That the stage plan is kept up to date
3. That the project board is provided with progress information
4. That the planned products are delivered within tolerance
- A. 3 and 4
- B. 1 and 2
- C. 2 and 3
- D. 1 and 4
Answer: A
Explanation:
Reference http://prince2.wiki/Managing_Product_Delivery
NEW QUESTION # 192
Which is a purpose of the change theme?
- A. To prevent change to baselined products
- B. To establish mechanisms to monitor and compare actual achievements against those planned
- C. To identify, assess and control any potential and approved changes to baselined products
- D. To assess and control uncertainty
Answer: C
Explanation:
Explanation
Reference
https://www.greycampus.com/opencampus/prince-2-foundation/introduction-on-prince2-change-theme
NEW QUESTION # 193
Which is one of the six aspects of project performance that needs to be managed?
- A. Risk
- B. Progress
- C. Change
- D. Security
Answer: A
NEW QUESTION # 194
Who should use the information in a Lessons Report to refine, change and improve the standards within a quality management system?
- A. Project Board
- B. Executive
- C. Project Assurance
- D. Corporate group
Answer: D
NEW QUESTION # 195
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