PRINCE2 Foundation 7 - Practice Exam 4

Which of the integrated elements of PRINCE2 provides a stepwise progression through the project life cycle?. Principles. Themes. Processes. Tailoring to the project environment.

Which of the following statements are true of both project assurance and quality assurance? (1) They provide assurance that the project is being run to corporate standards. (2) They are independent of the managing level of the project management team. (3) The role is carried out on behalf of the business, user, and supplier perspectives of the project board. (4) They are independent of the directing level of the project management team. 1 and 2. 2 and 3. 3 and 4. 1 and 4.

Which management product would the team manager review to understand with whom he might need to liaise during the delivery of specialist products?. Project initiation documentation. Highlight report. Work package. Checkpoint report.

The project manager seeks opportunities to implement improvements during the life of the project. Which principle is being applied here?. Define roles and responsibilities. Learn from experience. Tailor to suit the project environment. Manage by experience.

Which of the following PRINCE2 principles does the business case theme primarily help to implement?. Defined roles and responsibilities. Manage by stage. Focus on products. Continued business justification.

Which PRINCE2 process prevents poorly conceived projects from being initiated?. Starting up a project. Initiating a project. Directing a project. Controlling a stage.

What is the first task in the recommended approach to defining and analyzing products?. Writing product descriptions. Writing a project product description. Creating the product breakdown structure. Creating the product flow diagram.

Which of the following management products are event-driven controls? (1) Highlight report (2) End stage report (3) Exception report (4) Checkpoint report. 1 and 2. 2 and 3. 3 and 4. 1 and 4.

Which of the following would NOT trigger an event-driven control?. The end of a stage has arrived. The scheduled day of the month to create the regular progress report has arrived. An exception occurs, and an exception report has been written. The project manager has completed the project initiation documentation.

Which of the following describes a minimum requirement for applying the change theme?. Create product status accounts. Create a configuration item record to track the state of each product. Escalate requests for changes to the project board for a decision. Maintain some form of issue register.

Which of the tasks of the approach to defining and analyzing products creates an overall description of the main outputs of the project?. Writing product descriptions. Writing a project product description. Creating a product breakdown structure. Creating a product flow diagram.

When might the closing a project process be used in a project? (1) Directly following a request from the project board to prepare to close the project earlier than expected (2) While the project manager is planning the activities for the closure of the project (3) While the project board is deciding to authorize the closure of the project (4) Directly preceding the decision by the project board whether to close the project. 1 and 2. 2 and 3. 3 and 4. 1 and 4.

Which risk response options could be applied to an opportunity? (1) Avoid (2) Exploit (3) Enhance (4) Reduce. 1 and 2. 2 and 3. 3 and 4. 1 and 4.

Which level of management would make a decision regarding a breach of project tolerances?. Corporate, programme management, or the customer. Project board. Project manager. Team manager.

Which of the following is a purpose of the organization theme?. To manage uncertainty within the project. To define the means of delivering the products. To establish an effective approach for communication. To define how the project will verify that products are fit for purpose.

Which of the following might be created to record the latest status, version, and variant of a product?. Issue report. Configuration item record. Product description. Stage plan.

How would the project manager escalate a situation where stage tolerances are forecast to be exceeded?. Exception report. Highlight report. Exception plans. End stage report.

Which of the following PRINCE2 processes provides authority to close the project?. Starting up a project. Initiating a project. Closing a project. Directing a project.

Which step in the recommended risk management procedure formulates an appropriate risk management approach?. Evaluate. Identify risks. Estimate. Identify context.

During which process are specialist products created?. Initiating a project. Controlling a stage. Managing product delivery. Managing a stage boundary.

How does the managing a stage boundary process help to implement the principle of management by exception?. By proposing tolerances for the upcoming management stage. By creating a lessons report detailing experience that might help other projects. By providing the project board with sufficient information on the continued business justification of the project. By creating any new product descriptions necessary for the next management stage.

Which role specifies the needs of those who will operate or maintain the project's products after the project is complete?. Senior user. Team manager. Executive. Project support.

Which of the following management products describes how uncertainty will be managed on the project?. Risk register. Change control approach. Risk management approach. Issue report.

Which role is responsible for assembling the project initiation documentation?. Executive. Project manager. Project support. Senior user.

Which of the following describes a PRINCE2 risk?. A certain event that will affect the project in a positive or negative way. A certain event that will affect the project in a negative way. An uncertain event that will affect the project in a positive or negative way. An uncertain event that will affect the project in a negative way.

The fact that project work often spans multiple organizations and functional divisions relates to which characteristic of a project?. Change. Risk. Cross-functional. Uncertainty.

Identify the management product that is normally created by the PM for each item listed in the product breakdown structure, which also contains quality criteria information. Product description. End stage report. Project product description. Change control approach.

How might the PRINCE2 processes be tailored to suit the project environment?. By omitting the starting up a project process on a project that is short of time. By substituting an industry-specific lifecycle model for PRINCE2 during technical projects. By using only a programme management process when the project is part of a programme. By changing the responsibilities for performing the activities.

Which PRINCE2 principle ensures value for money?. Manage by business exception. Continued business justification. Business case. Define business roles and responsibilities.

What is a purpose of the quality theme?. To ensure that issues affecting quality are appropriately managed. To identify, assess, and control uncertainty that might affect the quality of the project’s products. To establish mechanisms to provide a forecast for the project’s objectives. To ensure that the project’s products meet business expectations.

A purpose of the managing a stage boundary process is to provide the project board with sufficient information so that it can: (1) Review whether the objectives set out in the original project initiation documentation have been achieved (2) Assess whether to commission the project (3) Confirm continued business justification of the project (4) Confirm acceptability of the project’s risks. 1 and 2. 2 and 3. 3 and 4. 1 and 4.

When does the project manager allocate tolerances to the team manager or team?. When planning the stage. When authorizing the stage. When authorizing a work package. When approving a product description.

Which of the following levels of plans might be created by organizations that are not following the PRINCE2 method?. Project plan. Stage plan. Team plan. Exception plan.

Which of the following is a purpose of the progress theme?. To provide a forecast for the project’s continued viability. To identify and control uncertainty. To define how the project will verify that products are fit for purpose. To establish the project’s structure of accountability.

During which step of the issue and change control procedure might the project manager need to create an exception plan?. Assess. Propose. Decide. Implement.

Which role is primarily responsible for the activities in the controlling a stage process?. Executive. Senior user. Project manager. Team manager.

There are numerous benefits to using PRINCE2. What is a NOT a benefit of using PRINCE2?. PRINCE2 provides proven best practice. PRINCE2 continually assesses the viability of the project. PRINCE2 uses the principle manage by issues. PRINCE2 can be tailored to meet the specific needs of the organisation.

Which of the following is NOT an example of a follow-on action recommendation that might be made during the closing a project process?. A recommendation related to unfinished work. A recommendation related to known risks associated with the project’s products. A recommendation to close the project. A recommendation related to activities to take the products to the next phase of their operational lives.

Which two management products does the business case theme require be produced and maintained? (1) Risk register (2) Communication management approach (3) Business case (4) Benefits management approach. 1 and 2. 2 and 3. 3 and 4. 1 and 4.

Which of the following is a purpose of the closing a project process? (1) To provide a fixed point in time to hand over responsibility for the project’s products to the operational team (2) To enable the project manager to prepare for a premature close (3) To manage the products in the early phases of their operational life (4) To review all the post-project benefits from the project. 1 and 2. 2 and 3. 3 and 4. 1 and 4.

Which of the following is the fundamental philosophy behind the PRINCE2 approach to plans?. Just-in-time planning. Brainstorming. Product-based planning. Use of work breakdown structures.

Which management product forms an agreement between the project manager and a team manager about which products the team should deliver?. Stage plan. Work package. Product description. Project product description.

Which of the following is a purpose of the change control approach? (1) Describes the procedures to be used for achieving effective issue management (2) Describes how changes to the products will be controlled (3) Describes how to identify any opportunities that would have a positive effect on objectives (4) Describes how to achieve each product’s required level of quality. 1 and 2. 2 and 3. 3 and 4. 1 and 4.

Which management product defines the quality standards to be applied throughout the project ?. Change control approach. Product descriptions. Quality register. Quality management approach.

Which management product does the project manager use to pass responsibility for the delivery of the products to the team manager or team members?. Product descriptions. Team plans. Work package. Configuration item record.

What is a purpose of an exception report?. To record options to respond to an exception. To replace a stage plan following a stage-level exception. To replace a project plan following a project-level exception. To notify the project manager of a work-package-level exception.

Ensure the PM spends an appropriate amount of time on issue and change control during the controlling a stage process is a minimum requirement for which theme?. Procurement. Plans. Change. Business case.

During which process is the stage plan for the initiation stage created?. Starting up a project. Initiating a project. Managing a stage boundary. Directing a project.

Which is a minimum requirement for applying the organization theme?. To establish both a customer and supplier project board. To appoint the design authority to the role of change authority when the project is part of a programme. To appoint at least one person to carry out each of the PRINCE2 roles. To ensure that all the responsibilities in the PRINCE2 role descriptions are fulfilled.

Which of the following is a purpose of the directing a project process?. To provide information to answer whether the project is a viable and worthwhile. To enable the organization to understand the work needed to deliver the project’s products. To enable the project board to be accountable for the project by making key decisions. To provide a fixed point at which the acceptance of the project’s products is confirmed.

Which of the following options might be funded by a change budget?. Assessing threats to the project. Analysing the impact of a request for change. Reducing the probability of a threat. Implementing actions following a quality review.

Which of the following roles represents the business interest on the project?. Executive. Senior user. Senior supplier. Project manager.

Which process helps to ensure that the project has a clear end rather than slowly drifting into the operational usage of the project’s products?. Starting up a project. Initiating a project. Controlling a stage. Closing a project.

The [?] is responsible for managing, monitoring, and controlling all aspects of a particular risk. Risk owner. Risk manager. Risk actionee. Project manager.

Which principle advises that a project should have three primary stakeholders?. Manage by benefits. Define roles and responsibilities. Manage by exception. Roles management.

Which of the following is an objective of the starting up a project process?. To plan the management activities needed to ensure that the project outcomes are achieved. To describe how to tailor the commissioning organization’s project management method. To create a business justification for the initiation of the project. To provide management direction and control throughout the project.

Identify one of the six project variables of project performance. Supplier benefits. Quality. Changes. Processes.

Which of the following are the three primary interests that are represented on a PRINCE2 project board? (1) Business (2) Customer (3) User (4) Supplier. 1, 2, 3. 1, 3, 4. 1, 2, 4. 2, 3, 4.

The three types of issue are request for change, off-specification, and [?]. Potential opportunity. Dis-benefit. Problem or concern. External product.

Which of the following terms is used to describe the potential trigger point of a risk?. Risk impact. Risk event. Risk cause. Risk effect.