Define the level of tolerance for each level of the project management team
Define the Project Board's responsibility for directing the project
Define which role is accountable for the project's success
Answer is Define the level of tolerance for each level of the project management team
Question 52
Which is NOT represented by one of the three primary categories of stakeholder identified in PRINCE2?
Those with a financial interest in the project
Those who will manage the project on a day-to-day basis
Those who will specify the desired outputs of the project
Those who will create the project's outputs
Answer is Those who will manage the project on a day-to-day basis
There are three primary stakeholders, which are:
• Business sponsors: who endorse the objectives and ensure the project provides value for money.
• Users: who will be using the products to generate benefits, usually after the project is completed.
• Suppliers: who provide the resources and expertise needed to undertake the project work and these can be internal or external
Question 53
Which does the Executive need to ensure is in place before the project is initiated?
All Work Packages are authorized
An understanding of how the project will contribute to corporate objectives
The Project Plan has been approved
The Project Initiation Documentation is complete
Answer is An understanding of how the project will contribute to corporate objectives
Question 54
Which project management team member represents the interest of those who will operate the project's products to realize the benefits after the project is complete?
Executive
Senior User
Senior Supplier
Project Manager
Answer is Senior User
Question 55
What product is used to maintain a record of those who have an interest in the project and their information requirements?
Project Plan
Communication Management Strategy
Project Brief
Project Product Description
Answer is Communication Management Strategy
Question 56
Identify the missing word in the following sentence:
A member of the Project Board is responsible for [ ? ] assurance.
quality
supplier
risk
product
Answer is supplier
The project board members each have a specific area of focus for project assurance, namely business assurance for the executive, user assurance for the senior user(s) and supplier assurance for the senior supplier(s).
Question 57
How many roles make up the Project Board?
One
Two
Three
Four
Answer is Three
Question 58
Which of the following statements about stakeholders are true?
1. Someone who thinks they will be affected by a project is a stakeholder on that project.
2. Stakeholders may be internal or external to the corporate organization.
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
Both are correct. "Any individual, group or organization that can affect, be affected by or perceive itself to be affected by, an initiative". So by perceiving yourself to be affected, i.e. you think to you are affected makes you a stakeholder.
Question 59
Which is one of the six aspects of project performance that needs to be managed?
Progress
Change
Risk
Security
Answer is Risk
Question 60
Which aspect of project performance must be managed to ensure the project's products are fit for purpose?