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PRINCE2 Foundation written exam is an online exam, which can be taken from anywhere in the world. To sit for the exam, candidates must have completed a PRINCE2 Foundation course from an accredited training provider. PRINCE2-Foundation course teaches candidates the fundamental principles of PRINCE2, and prepares them for the exam. PRINCE2-Foundation exam can be taken immediately after completing the course or at a later date.
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 # 258
Which is a responsibility of the managing level within the project management team?
- A. Ensure that the products are produced within the constraints agreed with the Project Board
- B. Approve stage completion
- C. Set project tolerances
- D. Appoint the project management team
Answer: A
NEW QUESTION # 259
Which is a benefit of using PRINCE2?
- A. Is a method specifically designed for technical projects
- B. Includes many of the proven planning techniques, such as critical path analysis
- C. Provides for the efficient and economic use of management time
- D. Can be used to manage both projects and programmes
Answer: C
NEW QUESTION # 260
What process is used by the Project Board to respond to an Exception Report?
- A. Directing a Project
- B. Managing Product Delivery
- C. Controlling a Stage
- D. Managing a Stage Boundary
Answer: A
NEW QUESTION # 261
During the Managing a Stage Boundary process what product is updated with estimated costs and time for the stage that is about to begin?
- A. Project Plan
- B. Work Package
- C. End Stage Report
- D. Team Plan
Answer: A
NEW QUESTION # 262
Which should be funded by a change budget?
- A. Increase in agreed scope
- B. Increase in agreed scope
- C. Handover activities
- D. Increase in agreed scope
Answer: A
NEW QUESTION # 263
Which role is responsible for ensuring the project is justified in terms of cost?
- A. Executive
- B. Senior user
- C. Project manager
- D. Senior supplier
Answer: A
Explanation:
In PRINCE2, the Executive role is responsible for ensuring that the project is justifiable in terms of cost.
This includes making decisions about whether the project remains viable and desirable within its cost constraints. The Executive is tasked with the overall direction and management of the project from a business perspective, ensuring that it delivers value for money.References: PRINCE2 7 Foundation resources and materials.
NEW QUESTION # 264
Identify the missing words in the following sentence.
Project assurance personnel [ ? ] the project manager.
- A. must be accountable to
- B. report to the project board and
- C. are able to overturn the decisions of
- D. should support
Answer: D
Explanation:
Project assurance personnel should support the project manager by providing an independent view on the progress and performance of the project, ensuring that it adheres to the project plan and meets its objectives without directly managing any of the project activities.References: = PRINCE2 7 Foundation handbook and online resources
NEW QUESTION # 265
Identify the missing word in the following sentence, A project's output is produced during a project but the [?] for the project are often only realized after the project has closed.
- A. benefits
- B. costs
- C. issues
- D. risks
Answer: A
NEW QUESTION # 266
How does the project plan help to support the 'manage by stages' principle?
- A. By estimating the timescales and costs of the project
- B. By identifying the major control points and milestones
- C. By defining products to ensure they are fit for purpose
- D. By identifying the customer's quality expectations
Answer: B
Explanation:
The project plan supports the 'manage by stages' principle in PRINCE2 by identifying major control points and milestones. These serve as points at which the project board can review progress and decide whether to continue with the project. This principle ensures that the project is manageable, controllable, and that decisions can be made with proper governance at each stage. References: PRINCE2 Foundation Handbook, Manage by Stages section.
NEW QUESTION # 267
Which is a key decision made during the 'directing a project' process?
- A. Approve the proposed project mandate
- B. Select and appoint the project executive
- C. Confirm that the benefits management approach addresses all expected benefits
- D. Approve the project manager role description
Answer: D
Explanation:
Reference https://www.greycampus.com/opencampus/prince-2-practitioner/purpose-of-directing-a-project-process-in-prince2
NEW QUESTION # 268
Which document should record the agreed amount of risk budget for a project?
- A. Project Plan
- B. Risk Management Strategy
- C. Risk Register
- D. Project Brief
Answer: A
NEW QUESTION # 269
Which product identifies how often stakeholders require information?
- A. Change control approach
- B. Communication management approach
- C. Quality management approach
- D. Risk management approach
Answer: B
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/
Communication_Management_Strategy_Template#Content_of_the_Communication_Management_Strategy_ Document
NEW QUESTION # 270
What is the project manager role responsible for?
- A. Approving the completion of each management stage
- B. Defining the project-level tolerances
- C. Ensuring that the project produces the required products
- D. Verifying that the project gives value for money
Answer: C
Explanation:
Explanation/Reference:
Reference http://prince2.wiki/Project_Manager
NEW QUESTION # 271
Which describes a management activity within a project?
- A. Agreeing a work package with a team manager to deliver products within agreed tolerances
- B. Encouraging a project team to continue working on a particularly challenging product
- C. Seeking feedback from team members to ensure they are still aligned to the project's objectives
- D. Discussing project objectives with key stakeholders during a requirements gathering workshop
Answer: A
Explanation:
In PRINCE2, a management activity within a project typically involves formal agreements and organizational actions. Agreeing on a work package with a team manager is a core management activity, where specific tasks, responsibilities, and tolerances are defined and communicated, ensuring that the project's delivery aligns with the planned objectives and constraints.References: PRINCE2 7 Foundation study materials on project management activities.
NEW QUESTION # 272
What process aims to ensure accurate progress information is provided to the Project Manager?
- A. Managing Product Delivery
- B. Managing a Stage Boundary
- C. Directing a Project
- D. Starting up a Project
Answer: A
NEW QUESTION # 273
The project manager has created a list of tasks to produce the project's products.
Which step of the 'organizational design and development' technique should be informed ty this 1st?
- A. Develop the project ecosystem
- B. Design the project ecosystem
- C. Manage the ongoing changes to the project ecosystem
- D. Understand the organizational ecosystem
Answer: C
Explanation:
In PRINCE2, the management of ongoing changes to the project ecosystem involves adapting the project's approach and scope based on real-time information and challenges that arise during the lifecycle of the project. This step is critical when new tasks or changes in tasks are identified, as outlined by the project manager. This ensures that the project remains aligned with its intended outcomes and can adapt to internal and external influences effectively.References: = PRINCE2 7 Foundation Training Manual and official PRINCE2 website documentation
NEW QUESTION # 274
Which is a type of issue?
- A. A request for change
- B. An Exception Report
- C. A lesson
- D. A risk with an estimated high impact
Answer: A
NEW QUESTION # 275
When should the Project Board refer to corporate or programme management for a decision?
- A. The stage requires resources
- B. The Senior Supplier or Senior User needs to be changed
- C. It is forecast that project level tolerance will be exceeded
- D. Any request for change needs to be approved
Answer: C
NEW QUESTION # 276
Which is a true statement about management stages and technical stages?
- A. Technical stages can overlap but management stages CANNOT
- B. Management stages require quality control, technical stages do NOT
- C. Technical stages create products, management stages do NOT
- D. Management stages are the responsibility of the Project Manager, technical stages are
NOT
Answer: A
NEW QUESTION # 277
Why does PRINCE2 recommend three different levels of plans?
- A. To cover initiation, specialist work and exception situations
- B. To match the different aspects of the product-based planning technique
- C. As an allowance for initiation, product delivery and project closure
- D. To provide appropriate detail to each of the different levels of management within the project
Answer: D
NEW QUESTION # 278
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PRINCE2 Foundation certification exam is ideal for project managers who want to improve their knowledge and skills in project management. It is also useful for professionals who want to demonstrate their understanding of the PRINCE2 methodology and its application in real-world projects. PRINCE2 7 Foundation written Exam certification can help professionals stand out in a competitive job market and increase their earning potential.
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