Prince 2 - Foundation

5%

Question 11

Which should be funded by a change budget?
Increase in agreed scope
Initiation stage
Change Authority
Handover activities




Answer is Increase in agreed scope


Question 12

Which should be funded from a change budget?
The Starting up a Project process
A fallback plan
An agreed change to the scope of a project
A change to a plan, within allocated tolerances, due to poor estimating




Answer is An agreed change to the scope of a project


Question 13

Which is the Issue Register NOT used for?
Capture external events that are impacting a stage
Record information about a deviation in stage tolerance
Capture any threats or opportunities that might have an impact on a stage
Record any problems identified when authorizing a Work Package




Answer is Capture any threats or opportunities that might have an impact on a stage

It refers to the Risk Registrar.

Question 14

If the Project Board instructs the Project Manager to implement a request for change, which document would contain details of that change?
Checkpoint Report
Highlight Report
Issue Report
Product Status Account




Answer is Issue Report

Issue report: A report containing the description, impact assessment and recommendations for a request for change, offspecification or a problem/concern. It is created only for those issues that need to be handled formally.

Question 15

Which is the purpose of the Change theme?
To prevent change to baselined products
To identify, assess and control any potential and approved changes to baselined products
To establish mechanisms to monitor and compare actual achievements against those planned
To assess and control uncertainty




Answer is To identify, assess and control any potential and approved changes to baselined products


Question 16

Which step in the issue and change control procedure considers alternative options for responding to an issue that is being managed formally?
Capture
Examine
Propose
Decide




Answer is Propose

Proposing corrective actions
After a full understanding of the impact of the issue has been gained, the next step is to consider alternative options for responding to it and proposing a course of action to take.

Question 17

A product can NOT be supplied to meet all of the requirements in its baselined Product Description. What first action should be taken?
Raise a request for change
Raise an off-specification
Write an Exception Report
Amend the Work Package




Answer is Raise an off-specification

off-specification: Something that should be provided by the project, but currently is not (or is forecast not to be). It might be a missing product or a product not meeting its specifications. It is one type of issue.

Question 18

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.
Only 1 is true
Only 2 is true
Both 1 and 2 are true
Neither 1 or 2 are true




Answer is Both 1 and 2 are true

the purpose of CP is:
• To provide a fixed point at which acceptance for the project product is confirmed
• To recognize that objectives set out in the original project initiation documentation have been achieved,
• To recognize that any approved changes to these objectives have been achieved,
• To recognize that the project has nothing more to contribute

Question 19

What takes place during the Closing a Project process?
The post-project benefits reviews are performed
Ownership of the project's products is transferred to the customer
An End Stage Report is prepared for the final stage
The project closure notification is reviewed and approved




Answer is Ownership of the project's products is transferred to the customer

Transfers ownership of the products to the customer and terminates the responsibility of the project management team.

Question 20

Which is an objective of the Closing a Project process?
Prepare the plan for the next stage
Assess any benefits that have already been realized
Produce a Benefits Review Plan to identify what benefits are expected
Check that all benefits are realized before closing a project




Answer is Assess any benefits that have already been realized

The objective of the closing a project process is to:
- verify user acceptance of the project's products
- ensure that the host site is able to support the products when the project is disbanded
- review the performance of the project against its baselines
- assess any benefits that have already been realized and update the benefits management approach to include any post-project benefit reviews
- ensure that provision has been made to address all open issues and risks, with follow-on action recommendations.

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