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PRINCE2 Foundation certification exam is suitable for individuals who are new to project management, as well as those who are experienced project managers. PRINCE2 7 Foundation written Exam certification is also beneficial for those who want to work in an organization that uses PRINCE2 methodology. PRINCE2 7 Foundation written Exam certification provides individuals with the knowledge and skills required to manage projects effectively, and it helps them demonstrate their proficiency in PRINCE2 methodology.
PRINCE2 Foundation certification exam is designed to test the candidate’s basic understanding of the PRINCE2 project management framework. It covers key concepts such as the principles, themes, processes, and stages of the PRINCE2 methodology. PRINCE2-Foundation exam is a multiple-choice format and is typically 60 minutes long. To pass the exam, candidates must correctly answer 33 out of 60 questions, which equates to a passing score of 55%.
NEW QUESTION # 17
What may be funded from a risk budget?
- A. Implementation of a fallback plan
- B. Corrections required due to off-specifications
- C. Preparation of the risk management approach
- D. Impact analysis of requests for change
Answer: A
Explanation:
Explanation/Reference:
Reference http://prince2.wiki/Risk#Risk_Budget
NEW QUESTION # 18
What should the benefits management approach define?
- A. The suitability of the project management team structure
- B. What actions will be taken to ensure the project's outcomes are achieved
- C. What will be used to record the effectiveness of the project's approaches
- D. How the project has progressed against its plans
Answer: D
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 19
Which of the following describes a use of a Configuration Item Record?
- A. To record the history of a product
- B. To pass responsibility for the delivery of a product to a Team Manager
- C. To provide information on the approval procedure for the Work Package
- D. To record how changes to a product will be controlled
Answer: A
NEW QUESTION # 20
Identify the missing words in the following sentence.
The role of [ ? ] is assigned to the project manager if it is not allocated to another person.
- A. project support
- B. change authority
- C. senior user
- D. project assurance
Answer: A
Explanation:
Section: Volume B
Explanation
Explanation/Reference: http://prince2.wiki/Roles_and_responsibilities
NEW QUESTION # 21
What is used to identify any organization or interested party who needs to be informed of project closure?
- A. Communication Management Strategy
- B. Project Brief
- C. Configuration Management Strategy
- D. Project management team structure
Answer: A
NEW QUESTION # 22
Which is a purpose of the Directing a Project process?
- A. Enable overall control of a project to be exercised by the Project Board
- B. Establish the level of control required by the Project Board after initiation
- C. Provide sufficient information so that the currentstage can be reviewed and the next
Stage Plan approved - D. Provide the information required to confirm if it is worthwhile to initiate a project
Answer: A
NEW QUESTION # 23
What theme provides all management levels within the project management team with mechanisms for monitoring and control?
- A. Change
- B. Quality
- C. Progress
- D. Organization
Answer: C
NEW QUESTION # 24
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. Packages for the work performed in the final stage.
- A. Neither 1 or 2 are true
- B. Only 2 is true
- C. Both 1 and 2 are true
- D. Only 1 is true
Answer: B
NEW QUESTION # 25
What theme provides the justification for the project?
- A. Quality
- B. Plans
- C. Business Case
- D. Progress
Answer: C
NEW QUESTION # 26
What 15the purpose of the 'progress! practice?
- A. To measure actual achievements against the planned time and cost targets for the project
- B. To review whether the use of the products is likely to lead to the expected benefits
- C. To control events that could have a positive or negative effect on project objectives
- D. To define the roles and responsibilities for monitoring progress
Answer: A
Explanation:
The purpose of the 'Progress' practice in PRINCE2 is to provide a mechanism to monitor and compare the actual project progress against the planned objectives, particularly in terms of time and cost. This monitoring helps in identifying any deviations from the plan and facilitates timely corrective actions to keep the project on track.
= PRINCE2 7 Foundation Training Manual and official PRINCE2 website documentation
NEW QUESTION # 27
What is the collective name for individuals or groups who may be affected by a project?
- A. Team members
- B. Customers
- C. Project Support
- D. Stakeholders
Answer: D
NEW QUESTION # 28
Why is the 'initiating a project' process used?
- A. To produce the required work packages
- B. To enable corporate or programme management to give authorization to deliver a project
- C. To decide which project approach is suitable for the project
- D. To fully understand how the project objectives will be achieved before committing significant resources
Answer: D
Explanation:
Explanation
Reference https://www.whatisprince2.net/prince2-process-initiating-a-project.php
NEW QUESTION # 29
Which is assumed to be a customer's responsibility in the PRINCE2 customer/supplier environment?
- A. Develop a project's products
- B. Provide the resources and skills to deliver the desired result
- C. Ensure the technical integrity of aproject
- D. Specify the desired result
Answer: D
NEW QUESTION # 30
What product is used to maintain a record of those who have an interest in the project and their information requirements?
- A. Project Product Description
- B. Communication Management Strategy
- C. Project Plan
- D. Project Brief
Answer: B
NEW QUESTION # 31
Which of the following is the Business Case used for during the Managing a Stage Boundary process?
- A. Enable the Project Board to decide whether or not to authorize the project
- B. Enable the Project Board to decide whether or not to authorize project closure
- C. Justify the continuing viability of the project
- D. Justify the initiation of a project
Answer: C
Explanation:
During the Managing a Stage Boundary process, the Business Case is used to justify the continuing viability of the project. This involves reviewing and, if necessary, updating the Business Case to reflect any changes or new insights that might impact the project's justification. This helps the Project Board make informed decisions about the future progression of the project.References: PRINCE2 7 Foundation handbook and official documents.
NEW QUESTION # 32
Which is a purpose of a Project Brief?
- A. Describe how changes to products will be controlled
- B. Enable the assembly of the project mandate
- C. Provide a solid basis for the initiation of the project
- D. Describe the reporting requirements of the various layers of management involved with the project
Answer: C
Explanation:
The purpose of a Project Brief in PRINCE2 is to provide a solid basis for the initiation of the project. The Project Brief includes the outline of the project's objectives, scope, constraints, and assumptions. It is developed during the 'Starting up a Project' process and is used to ensure that a clear, concise, and feasible plan is proposed before the project is formally initiated.
PRINCE2 7 Foundation resources and materials.
NEW QUESTION # 33
Which of the following statements about the Project Initiation Documentation are true?
1.The Project Initiation Documentation is used to ensure that a sound basis exists.
2.The Project Initiation Documentation should be updated at the end of each stage to reflect the current status of a project before the Project Board authorizes a project,
- A. Only 2 is true
- B. Neither 1 or 2 are true
- C. Both 1 and 2 are true
- D. Only 1 is true
Answer: C
NEW QUESTION # 34
Identify the missing words in the following sentence.
The project manager [ ? ] for day-to-day management of the project.
- A. decides who is responsible
- B. and the project board are responsible
- C. and the team manager(s) are accountable
- D. has responsibility
Answer: D
Explanation:
Explanation
Reference http://prince2.wiki/Directing_a_Project
NEW QUESTION # 35
Which is a recommended quality review team role?
- A. Project Manager
- B. Administrator
- C. Assurance
- D. Project Support
Answer: B
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 36
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