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NEW QUESTION # 63
What must be done for a project to be a PRINCE2 project?
- A. The project must use the recommended approach to planning
- B. The project must meet the minimum requirements for applying the themes
- C. The project roles must be combined wherever possible
- D. The project must form part of a programme or portfolio
Answer: D
Explanation:
Section: Volume B
NEW QUESTION # 64
What is a benefits management approach used to assess?
- A. How the project's products have performed when in operational use
- B. The effectiveness of the project strategies
- C. The suitability of the project management team structure
- D. How the project has progressed against its plans
Answer: A
Explanation:
The Benefits Management Approach in PRINCE2 is a document that describes how and when a measurement of the achievement of the project's benefits, both during and after the project, can be made. It is used to assess the performance of the project's products once they are in operational use, ensuring that the project delivers the intended benefits as outlined in the Business Case. References: PRINCE2 7 Foundation Handbook and official training materials.
NEW QUESTION # 65
Which of the following refers to the actions identified to bring a situation to a level where exposure to a risk is acceptable?
- A. Risk status
- B. Risk category
- C. Risk response
- D. Risk description
Answer: C
NEW QUESTION # 66
Which is shown in a product breakdown structure?
- A. The major products that are to be developed in a plan
- B. What resources are required to develop the products
- C. Management stages, major products and control points
- D. In which order the products should be created
Answer: A
NEW QUESTION # 67
Which product identifies the management stages and timescales of a project?
- A. Project Brief
- B. Project Product Description
- C. Project Plan
- D. Initiation Stage Plan
Answer: C
NEW QUESTION # 68
According to the 'continued business justification' principle, what must project benefits be aligned to?
- A. The technology available
- B. Regular deliveries throughout the project
- C. The business objectives
- D. The direction of the project board
Answer: C
Explanation:
According to the 'continued business justification' principle in PRINCE2, project benefits must be aligned to the business objectives. This alignment ensures that the project remains viable and relevant throughout its life cycle, and that it contributes to achieving strategic goals. References: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.
NEW QUESTION # 69
Which TWO are objectives of the 'closing a project' process?
1. To confirm to the project board that each stage's products are approved
2. To review whether the project was delivered within time and cost tolerances
3. To confirm whether operational staff are happy to take ownership of the products
4. To confirm that there is authority to close the project
- A. 2 and 3
- B. 3 and 4
- C. 1 and 2
- D. 1 and 4
Answer: A
Explanation:
The objectives of the 'closing a project' process in PRINCE2 include reviewing whether the project was delivered within time and cost tolerances (2) and confirming whether operational staff are happy to take ownership of the products (3). These objectives ensure the project has met its management expectations and that the product transition to operations is smooth and accepted by relevant stakeholders.References:
PRINCE2 7 Foundation guide on the 'closing a project' process.
NEW QUESTION # 70
Which statement about the length of management stages in a project is CORRECT?
- A. A higher level of major risk will require a stage to be longer
- B. Stage length is influenced by project board availability
- C. Use of management stages represents a time driven control
- D. A higher level of major risk will require a stage to be shorter
Answer: B
Explanation:
The length of management stages in a PRINCE2 project can be influenced by the availability of the project board to review and approve key decisions at stage boundaries. This ensures that stages are planned around when decision-makers can participate and provide necessary guidance or approvals.References: = PRINCE2 7 Foundation handbook and online resources
NEW QUESTION # 71
Which statement about stages is true?
- A. Management stages should be of the same duration
- B. The use of management stages is mandatory
- C. Management stages are driven by specialist teams
- D. The use of technical stages is mandatory
Answer: B
NEW QUESTION # 72
Which is a purpose of the 'managing a stage boundary' process?
- A. To enable the project board to approve the continuation of the project
- B. To exercise overall control over the project while delegating day-to-day management
- C. To define the work that needs to be done to deliver the project product
- D. To assign work to be controlled by the team manager
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Managing_a_Stage_Boundary#Objective
NEW QUESTION # 73
Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.
- A. Reduce
- B. Avoid
- C. Transfer
- D. Share
Answer: D
NEW QUESTION # 74
Which is a typical core activity within configuration management?
- A. Preparation
- B. Issue management
- C. Identification
- D. Quality inspection
Answer: C
NEW QUESTION # 75
Which common project context relates to the need to engage with external suppliers to deliver part of the project?
- A. Organizational
- B. Commercial
- C. Scale
- D. Delivery method
Answer: B
Explanation:
The need to engage with external suppliers for delivering parts of the project is commonly related to the
'Commercial' project context in PRINCE2. This context involves considerations around contractual arrangements, procurement, and the management of supplier relationships which are crucial for projects relying on external vendors for key components or services.References: (PRINCE2 7 Foundation Handbook, AXELOS)
NEW QUESTION # 76
Which is an assumption about the PRINCE2 customer/supplier environment?
- A. The customer will specify the desired result
- B. The supplier will tailor the project's application of PRINCE2
- C. The supplier will pay for the project
- D. The customer will provide the resources to deliver the products
Answer: A
Explanation:
A fundamental assumption in the PRINCE2 framework regarding the customer/supplier environment is that the customer will specify the desired result. This assumption underlines the relationship where the customer defines what they want to achieve from the project, and the supplier provides the resources and expertise to deliver the project's outputs that meet these specifications.References: PRINCE2 Foundation Manual
NEW QUESTION # 77
Which is one of the six aspects of project performance that needs to be managed?
- A. Risk
- B. Progress
- C. Change
- D. Security
Answer: A
NEW QUESTION # 78
What takes place during the Closing a Project process?
- A. The project closure notification is reviewed and approved
- B. Ownership of the project's products is transferred to the customer
- C. An End Stage Report is prepared for the final stage
- D. The post-project benefits reviews are performed
Answer: B
Explanation:
Section: Volume A
NEW QUESTION # 79
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