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Passing the PRINCE2-Foundation Exam is a great way to enhance your project management skills and boost your career prospects. PRINCE2 is a widely recognized project management methodology used by organizations all over the world, and having a PRINCE2 certification can open up new career opportunities. The PRINCE2-Foundation Exam is also an excellent stepping stone to advanced PRINCE2 certifications such as the PRINCE2 Practitioner and the PRINCE2 Agile Practitioner, which can help you further develop your project management expertise.
PRINCE2 PRINCE2-Foundation (PRINCE2 Foundation written) certification exam is a globally recognized certification designed for those who want to learn and understand the PRINCE2 project management framework. PRINCE2 (Projects in Controlled Environments) is a structured project management methodology that provides a step-by-step approach to managing projects. It is widely used in both the public and private sectors, and PRINCE2 certified professionals are highly sought after by employers.
NEW QUESTION # 13
What needs to be in place to ensure effective issue and change control?
- A. Quality planning
- B. Information needs for stakeholders
- C. Configuration management system
- D. Manage by exception
Answer: C
Explanation:
Explanation/Reference:
NEW QUESTION # 14
How many tasks does the product-based planning technique describe?
- A. Four
- B. One
- C. Two
- D. Three
Answer: A
Explanation:
Section: Volume B
NEW QUESTION # 15
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 exists before the Project Board authorizes a project.
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. Both 1 and 2 are true
- C. Only 1 is true
- D. Neither 1 or 2 are true
Answer: B
NEW QUESTION # 16
What is a supplier of a PRINCE2 project responsible for?
- A. Realizing the benefits from the project
- B. Establishing the project's governance
- C. Providing the project mandate
- D. Providing resources to deliver the project outputs
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wikidot.com/senior-supplier
NEW QUESTION # 17
According to PRINCE2, why might there be more than one business case for a project?
- A. The project may be in a programme environment
- B. The project may be in a commercial environment with a number of suppliers
- C. There may be more than one management stage in the project
- D. There may be more than one work package being delivered in the project
Answer: B
Explanation:
Explanation/Reference:
Reference https://www.prince2primer.com/prince2-practitioner-questions-answers-business-case/
NEW QUESTION # 18
Which PRINCE2 principle is supported by the setting of tolerances for the three levels of plan?
- A. Learn from experience
- B. Continued business justification
- C. Manage by stages
- D. Manage by exception
Answer: D
Explanation:
Section: Volume B
NEW QUESTION # 19
Which theme estimates the cost of delivering the project?
- A. Change
- B. Plans
- C. PROGEESS
- D. Business case
Answer: D
Explanation:
Explanation/Reference:
Reference http://prince2.wiki/Business_Case
NEW QUESTION # 20
Which product summarizes progress and is used to decide whether to amend the project scope or stop the project?
- A. End Stage Report
- B. Product Status Account
- C. Checkpoint Report
- D. End Project Report
Answer: A
NEW QUESTION # 21
What is an advantage of applying the 'learn from experience' principle?
- A. It allows the project team to fully understand their roles and responsibilities
- B. It allows the project manager to delegate time tolerances to the team managers
- C. It allows the project team to identify improvements to be made during the project
- D. It allows the project board to delegate cost tolerances to the project manager
Answer: C
NEW QUESTION # 22
Which is NOT a purpose of a Benefits Review Plan?
- A. Define the scope, timing and ownership of the benefit reviews required
- B. Describe how to measure and confirm any benefits that are to be realised after the project is closed
- C. Describe how to measure the performance of the project's products in operational use
- D. Define the period over which the cost-benefit analysis will be based
Answer: D
Explanation:
Section: Volume A
NEW QUESTION # 23
Which PRINCE2 principle is supported by the setting of tolerances for the three levels of plan?
- A. Learn from experience
- B. Continued business justification
- C. Manage by stages
- D. Manage by exception
Answer: D
NEW QUESTION # 24
Which is a purpose of a lessons log?
- A. To escalate lessons to the project board
- B. To raise improvements with project assurance
- C. To record any lessons that are raised in checkpoint reports
- D. To document that corrective action is being taken
Answer: C
Explanation:
Explanation/Reference:
Reference https://mplaza.pm/prince2-lessons-log-template/
NEW QUESTION # 25
Which process is triggered towards the end of the final stage when all the assigned work has been completed?
- A. Managing Product Delivery
- B. Managing a Stage Boundary
- C. Closing a Project
- D. Controlling a Stage
Answer: C
NEW QUESTION # 26
Which is a purpose of the Controlling a Stage process?
- A. Obtain approvals for products delivered in a Work Package
- B. Produce a Team Plan for the work to be assigned to a Team Manager
- C. Select and implement actions that will resolve deviations from a plan within tolerance
- D. Update a Project Plan to incorporate the actuals from a Stage Plan
Answer: C
NEW QUESTION # 27
Which is the Issue Register NOT used for?
- A. Capture external events that are impacting a stage
- B. Capture any threats or opportunities that might have an impact on astage
- C. Record information about a deviation in stage tolerance
- D. Record any problems identified when authorizing a Work Package
Answer: B
NEW QUESTION # 28
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:
Explanation/Reference:
Reference http://prince2.wiki/Risk#The_Risk_Management_Procedure
NEW QUESTION # 29
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.
- A. risks
- B. issues
- C. dis-benefits
- D. benefits
Answer: D
Explanation:
Section: Volume B
Explanation
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
NEW QUESTION # 30
Identify the missing word(s) in the following sentence. During a quality review meeting [ ? ] any identified defects.
- A. the agreed actions should be recorded for
- B. an issue should be created for
- C. a solution should be designed for
- D. the chair will approve the solution to
Answer: A
NEW QUESTION # 31
Which is a minimum requirement for applying the risk theme?
- A. Team managers must maintain their own risk registers
- B. Threats must be assessed for their impact on the viability of the project
- C. The PRINCE2 risk management procedure must be followed
- D. A single role that is responsible for all risks must be defined
Answer: B
Explanation:
Explanation
Reference https://www.prince2primer.com/prince2-2017-risk-theme-changes/
NEW QUESTION # 32
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PRINCE2 Foundation exam covers the basic principles of PRINCE2 methodology, including the seven principles, seven themes, and seven processes. It also covers the roles and responsibilities of the project management team, as well as the techniques and tools used in the PRINCE2 methodology. PRINCE2-Foundation exam is a multiple-choice test that is conducted online, and candidates are required to pass the exam in order to obtain the PRINCE2 Foundation certification. PRINCE2 Foundation written Exam certification is recognized globally and is highly valued by employers in various industries.
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