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The PRINCE2 Foundation accreditation expired after three years. You may either retake a PRINCE2 Foundation Exam before the expiry date or maintain your certification using CPD points and digital badges to ensure that your Foundation status does not have defects. If you choose for CPD travel, you have to buy MY PRINCE2 membership that costs £85 + VAT a year.
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NEW QUESTION 170
Which characteristic distinguishes a project from regular business operations?
- A. Manages stakeholders
- B. Produces benefits
- C. Introduces business change
- D. Incurs cost
Answer: C
NEW QUESTION 171
Which role is part of the project management team?
- A. Change Authority
- B. Stakeholder
- C. Corporate or programme management
- D. Quality assurance
Answer: A
NEW QUESTION 172
Which of the following can be done to control the size of the Project Board on a project that involves multiple users and suppliers?
- A. Create user and supplier groups
- B. Create multiple smaller Project Boards during the process of Starting up a Project, one for each of the project's stages.
- C. Create a separate Project Board to manage the supplier elements of the project
- D. Appoint corporate quality assurance to perform the Project Assurance role for all members of the Project Board
Answer: A
NEW QUESTION 173
Which is a difference between management and technical stages?
- A. Technical stages can overlap and management stages cannot
- B. Management stages require planning and technical stages do not
- C. Technical stages require resources and management stages do not
- D. Management stages deliver products and technical stages do not
Answer: A
NEW QUESTION 174
Which is a true statement about acceptance criteria?
- A. Acceptance criteria are less specific and precise than customer's quality expectations
- B. Acceptance criteria are used to produce the customer's quality expectations
- C. Acceptance criteria should be agreed between the customer and the supplier
- D. Once agreed, acceptance criteria CANNOT be changed
Answer: C
NEW QUESTION 175
What process provides information on a team's work to the project manager?
- A. Controlling a stage
- B. Managing a stage boundary
- C. Directing a project
- D. Managing product delivery
Answer: D
NEW QUESTION 176
Which statement about the quality review technique is FALSE?
- A. It defines the quality responsibilities of the project team
- B. It supports the management of future changes by providing abaseline for a product
- C. It is used to gain wider acceptance of a product by involving key interested parties
- D. It enables a check to be made on a product's fitness for purpose
Answer: A
NEW QUESTION 177
Identify the missing words in the following sentence.
PRINCE2 requires that the business case is formally verified by [?] at stage boundaries.
- A. the project board
- B. the project manager
- C. corporate, programme management or the customer
- D. the change authority
Answer: A
Explanation:
Section: Volume B
NEW QUESTION 178
What process is used by the Project Manager to maintain focus on delivery of a stage's products within agreed tolerances?
- A. Managing a Stage Boundary
- B. Directing a Project
- C. Controlling a Stage
- D. Managing Product Delivery
Answer: C
Explanation:
Section: Volume A
NEW QUESTION 179
Which is a FALSE statement about technical stages?
- A. Typified by the use a particular set of specialist skills
- B. Can span more than one management stage
- C. Can overlap with other technical stages
- D. Include the Managing a Stage Boundary process activities
Answer: D
NEW QUESTION 180
How is the tailoring approach defined for a project?
- A. The project board documents the approach
- B. Project assurance approves the approach
- C. Project assurance documents the approach
- D. The project board approves the approach
Answer: D
Explanation:
Section: Volume B
NEW QUESTION 181
Which is a recommended quality review team role?
- A. Administrator
- B. Project Support
- C. Assurance
- D. Project Manager
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION 182
Which level of management sets the project level tolerances?
- A. Corporate, programme management or the customer
- B. Team manager
- C. Project board
- D. Project manager
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Manage_by_exception
NEW QUESTION 183
Which of the following is NOT an event-driven control?
- A. End of a stage
- B. Project mandate
- C. Checkpoint Report
- D. Exception Report
Answer: C
NEW QUESTION 184
Which statement describes the responsibilities of a risk actionee?
- A. Managing, monitoring and controlling of all aspects of an assigned risk
- B. Identifying risks to the project that might occur in their department
- C. Carrying out a risk response action to respond to a particular risk
- D. Owning and authorizing the use of the risk budget to fund risk responses
Answer: C
NEW QUESTION 185
During the Managing a Stage Boundary process what product is updated with estimated costs and time for the stage that is about to begin?
- A. End Stage Report
- B. Project Plan
- C. Work Package
- D. Team Plan
Answer: B
Explanation:
Section: Volume B
NEW QUESTION 186
Which is a purpose of the Controlling a Stage process?
- A. Update a Project Plan to incorporate the actuals from a Stage Plan
- B. Produce a Team Plan for the work to be assigned to a Team Manager
- C. Obtain approvals for products delivered in a Work Package
- D. Select and implement actions that will resolve deviations from a plan within tolerance
Answer: D
NEW QUESTION 187
Which is a purpose of a Product Description?
- A. Provide the cost tolerance available for individual products
- B. Document the level of quality required of a product
- C. Record the quality checks completed for the End Stage Report
- D. Define reporting frequency
Answer: B
NEW QUESTION 188
Which risk response type is appropriate to respond to an opportunity?
- A. Exploit
- B. Transfer
- C. Fallback
- D. Accept
Answer: A
NEW QUESTION 189
Which is a purpose of the 'identify the risks' step within the recommended risk management procedure?
- A. To identify uncertainties that may impact on the delivery of the project objectives
- B. To identify responses to risks documented in the business case
- C. To identify the roles to be involved in risk management activities
- D. To identify information about the project environment and objectives
Answer: A
Explanation:
Reference http://prince2.wiki/Risk#The_Risk_Management_Procedure
NEW QUESTION 190
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 4
- B. 2 and 3
- C. 1 and 2
- D. 3 and 4
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: https://www.axelos.com/best-practice-solutions/prince2/key-benefits-of-prince2
NEW QUESTION 191
Which describes an off-specification?
- A. The production of more than the defined quantity of a specialist product
- B. The addition of an improvement to a product description
- C. An interdependency between products that was previously unidentified
- D. A prototype demonstrating a possible design solution
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
Reference https://www.prince2primer.com/prince2-change-control/
NEW QUESTION 192
What is performed as part of the recommended risk management procedure?
- A. Risk management practices are reviewed to ensure that they are performed effectively
- B. Information about risks to the projects is sent to project stakeholders
- C. Conflicts between the project and the programme board are resolved
- D. A budget to investigate issues is allocated
Answer: D
Explanation:
Explanation
Reference
https://www.greycampus.com/opencampus/prince-2-foundation/prince2-risk-management-procedure
NEW QUESTION 193
Which is a purpose of the quality theme?
- A. To determine the communication needs of the organization's quality assurance function
- B. To establish baselines against which any changes to products can be assessed
- C. To establish how the project will ensure that all products created meet their requirements
- D. To identify all the products of the project to ensure the scope has been adequately defined
Answer: C
NEW QUESTION 194
What is an off-specification?
- A. A quality tolerance
- B. A type of issue
- C. A major risk
- D. A new requirement
Answer: B
NEW QUESTION 195
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