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NEW QUESTION # 54
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 status
- B. Risk response
- C. Risk description
- D. Risk category
Answer: B
NEW QUESTION # 55
Which should be provided by a project mandate?
- A. Terms of reference
- B. Detailed Business Case
- C. Initiation Stage Plan
- D. Stage tolerances
Answer: A
NEW QUESTION # 56
What is an advantage of dividing the project into stages?
- A. Detailed plans can be prepared closer to the time events will take place
- B. The project can be authorized by the project manager on a stage by stage basis
- C. The project brief can be updated towards the end of each stage
- D. the project board can delegate management of the project to team managers
Answer: A
NEW QUESTION # 57
Which is a minimum requirement for applying the organization theme?
- A. To document the project management team structure
- B. To train project team members in the use of PRINCE2
- C. To include external stakeholders on the project board
- D. To define the experience required for each project role
Answer: A
Explanation:
Reference http://prince2.wiki/Themes#Organization_Theme
NEW QUESTION # 58
Which is one of the six aspects of project performance that needs to be managed?
- A. Risk
- B. Security
- C. Progress
- D. Change
Answer: A
Explanation:
Section: Volume A
NEW QUESTION # 59
What must be done for a project to be a PRINCE2 project?
- A. The project must meet the minimum requirements for applying the themes
- B. The project must use the recommended approach to planning
- C. The project roles must be combined wherever possible
- D. The project must form part of a programme or portfolio
Answer: D
NEW QUESTION # 60
Which product identifies the management stages and timescales of a project?
- A. Project Brief
- B. Project Product Description
- C. Initiation Stage Plan
- D. Project Plan
Answer: D
Explanation:
The Project Plan in PRINCE2 identifies the management stages and timescales of a project. This plan provides an overview of how and when the project's objectives are to be achieved, by showing the major products, activities and resources required for the project, and structuring them within a timescale.
References: PRINCE2 Foundation manual, PRINCE2 official resources
NEW QUESTION # 61
Which describes a risk event?
- A. The sequence of events and actions that will be put in place if a risk occurs
- B. The derivation or sources of a potential risk to the project
- C. The achievement of a milestone on the project plan
- D. The area of uncertainty in terms of the threat or opportunity
Answer: D
Explanation:
Explanation
Reference http://prince2.wiki/Risk
NEW QUESTION # 62
How can the risk culture of 3n organization make decision-making less effective?
- A. By establishing a risk budget to make funding risk responses actions easier
- B. By Individuals adopting an attitude that leads them to ignore threats to objectives
- C. By using statistical modelling be understand the Impact of risks and their likelihood
- D. By Involving stakeholders in assessing the likelihood and impact of each risk
Answer: B
Explanation:
The risk culture of an organization can make decision-making less effective when individuals adopt an attitude that leads them to ignore threats to objectives. This behavior results in underestimating or neglecting the potential impacts of risks, which can compromise the decision-making process and lead to less effective risk management and project outcomes. References: PRINCE2 7 Foundation training materials and risk management guidelines.
NEW QUESTION # 63
Which principle helps to define what should be included and what should be excluded from a project?
- A. Manage by stages
- B. Defined roles and responsibilities
- C. Continued business justification
- D. Focus on products
Answer: D
NEW QUESTION # 64
Which product identifies the management stages and timescales of a project?
- A. Project Brief
- B. Project Product Description
- C. Initiation Stage Plan
- D. Project Plan
Answer: D
Explanation:
Section: Volume B
NEW QUESTION # 65
Which is a minimum requirement for applying the quality theme?
- A. To undertake independent audits of the project throughout the project
- B. To apply the recommended quality review technique
- C. To define the project's approach to quality control
- D. To define the project's approach to quality assurance
Answer: D
Explanation:
The minimum requirement for applying the Quality Theme in PRINCE2 is to define the project's approach to quality assurance. This includes establishing how the project will ensure that it meets the relevant quality standards and stakeholder expectations. Quality assurance is an integral part of the overall quality management strategy, which includes quality planning, quality control, and continual improvement practices.References: PRINCE2 Foundation Manual
NEW QUESTION # 66
Why is change management important in a project?
- A. It provides processes and management products to use when requesting a change
- B. It provides clarity on how the culture of an organization needs to adapt over time
- C. It provides a controlled and bidirectional flow of information to key Influencers
- D. It provides confidence that the project can meet is objectives and has continued business Justification
Answer: A
Explanation:
Change management is important in a project because it provides structured processes and management products to manage and implement changes effectively. This ensures that all changes are assessed, approved, managed, and documented properly, helping the project adapt to changes while maintaining control and alignment with project objectives. References: PRINCE2 Foundation official resources and training on change management.
NEW QUESTION # 67
Which process ensures that key roles and responsibilities are allocated before a decision is made to initiate a project?
- A. Managing Product Delivery
- B. Managing a Stage Boundary
- C. Starting up a Project
- D. Initiating a Project
Answer: C
Explanation:
The process that ensures key roles and responsibilities are allocated before a decision is made to initiate a project is 'Starting up a Project'. This process is crucial as it involves the appointment of the project management team and ensures that there is a clear understanding of the project's initial structure and approach before formally initiating the project.References: PRINCE2 7 Foundation handbook and documents.
NEW QUESTION # 68
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 project mandate has been approved by the project board
- B. corporate, programme management or the customer have authorized a project
- C. the 'starting up a project' process is completed
- D. the project board has agreed the project strategies
Answer: C
Explanation:
Reference https://www.siliconbeachtraining.co.uk/blog/prince2-directing-project-process-dp
NEW QUESTION # 69
Which is a minimum requirement for applying the plans theme?
- A. The project plan must be presented as a Gantt chart
- B. The team managers in the project must prepare team plans
- C. The project must have at least two management stages
- D. Scope tolerance must be prioritized using MoSCoW
Answer: B
Explanation:
Reference http://prince2.wiki/Themes#Plans_Theme
NEW QUESTION # 70
Which is an objective of the Managing Product Delivery process?
- A. Report progress to the Project Board
- B. Sign-off completed Work Packages
- C. Ensure the Business Case is kept under review
- D. Ensure that work on products is authorized and agreed with the team
Answer: D
Explanation:
Section: Volume A
NEW QUESTION # 71
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