Prince 2 - Foundation

48%

350 QUESTIONS AS TOTAL
Question 161

To meet the minimum requirements for applying the progress theme, what must be considered?
How lessons will be learned
How time-driven reports will be produced
Which management products will be baselined
Who is responsible for reporting on progress




Answer is How lessons will be learned

Reference:
12.2 section of the Prince2 manual
Question 162

Which is a purpose of the 'initiating a project' process?
To decide if it is worthwhile to initiate a project
To decide on the project approach
To establish solid foundations for a project
To identify the number of work packages required




Answer is To establish solid foundations for a project

Reference:
http://prince2.wiki/Initiating_a_Project#Objective
Question 163

Which is a step in the recommended approach to 'defining and analyzing the products'?
Preparing estimates
Designing a plan
Writing a project product description
Identifying activities and dependencies




Answer is Writing a project product description

There are 4 steps for defining and analyzing the product:
1. Create project product description
2. Create product breakdown structure
3. Write product description
4. Create product flow diagram
Question 164

Which is a purpose of the 'directing a project' process?
To exercise overall control over the project
To take corrective action to control risks and issues
To do the minimum in order to decide whether the project is feasible
To update the project plan before the next stage




Answer is To exercise overall control over the project

Reference:
http://prince2.wiki/Directing_a_Project#Purpose
Question 165

How does the use of product descriptions support the 'focus on products' principle?
By documenting the scope tolerance for the project
By documenting the quality expected by the customer
By documenting the costs for the product
By documenting the delivery date for the product




Answer is By documenting the quality expected by the customer

Reference:
http://prince2.wiki/Focus_on_products
Question 166

Which describes a risk event?
The area of uncertainty in terms of the threat or opportunity
The derivation or sources of a potential risk to the project
The achievement of a milestone on the project plan
The sequence of events and actions that will be put in place if a risk occurs




Answer is The area of uncertainty in terms of the threat or opportunity

Reference:
http://prince2.wiki/Risk
Question 167

Which is a minimum requirement for applying the plans theme?
The project must have at least two management stages
The team managers in the project must prepare team plans
Scope tolerance must be prioritized using MoSCoW
The project plan must be presented as a Gantt chart




Answer is The project must have at least two management stages

The Team plan is not mandatory
Question 168

Which level of management sets the project level tolerances?
Project board
Team manager
Corporate, programme management or the customer
Project manager




Answer is Corporate, programme management or the customer

As part of management by exception, corporate or programme management will have set project level tolerances. The project board need to agree stage level tolerances and optionally the project manager may set tolerances at work package level (although this may not need to be done at this point in time).

Reference:
https://www.prince2primer.com/project-board-and-project-manager-prince2-controls/
Question 169

Identify the missing word in the following sentence:

A project's [ ? ] are the measurable improvements resulting from the outcomes achieved through the use of the project's outputs.
benefits
dis-benefits
issues
risks




Answer is benefits

A Benefit is the measurable improvement resulting from an outcome that is perceived as an advantage by one or more stakeholders.

Reference:
http://p2.tech-academy.co.uk
Question 170

If a project is part of a programme, which 'starting up a project' process activities are MOST likely to be reduced or eliminated?
Appointing the project board and producing the project brief
Planning the initiation stage and appointing the project manager
Producing the additional role descriptions and validating the project product description
Verifying the project approach and capturing previous lessons




Answer is Producing the additional role descriptions and validating the project product description

As per 14.5.4.4 from the Prince2 manual; the programme manager should ensure the appointment of the executive and project manager, prepare the project brief, alert the project manager to any relevant previous lessons and ensure an initial project management team is appointed.
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