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PRINCE2 – Foundation Exam Premium Access
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Question 1 of 30
1. Question
Which of the following options complete the formulation of the Business Case theme intent statement?
“The theme of the Business Case is to create frameworks for deciding whether the project is (and remains) attractive, viable and achievable as a means of supporting:”Correct
According to the theme statement described follow:
“The theme of the Business Case is to create frameworks for deciding whether the project is (and remains) attractive, viable and achievable as a means of supporting:”
Decision making on the project’s (continued) investment is the correct option.Incorrect
According to the theme statement described follow:
“The theme of the Business Case is to create frameworks for deciding whether the project is (and remains) attractive, viable and achievable as a means of supporting:”
Decision making on the project’s (continued) investment is the correct option. -
Question 2 of 30
2. Question
If the Project Board has accepted the Business Case as part of the Project Initiation Documentation (PID), when is it needed to be updated?
Correct
As part of the Managing a Stage Boundary process, the Business Case is regularly updated so that the Project Board can have the very latest forecasts available for its decision on whether to approve the next step.
Incorrect
As part of the Managing a Stage Boundary process, the Business Case is regularly updated so that the Project Board can have the very latest forecasts available for its decision on whether to approve the next step.
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Question 3 of 30
3. Question
The business case is a time scale. What does it mean by this time scale?
Correct
It is found that the project time scale and the period during which benefits will be realized.
Incorrect
It is found that the project time scale and the period during which benefits will be realized.
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Question 4 of 30
4. Question
In which process is the Benefits Review Plan created?
Correct
The plan is created during Initiation at the same time as the Business Case is worked up into full detail.
Incorrect
The plan is created during Initiation at the same time as the Business Case is worked up into full detail.
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Question 5 of 30
5. Question
Who is responsible for identifying and recognizing the advantages of using goods in PRINCE2?
Correct
The Senior Consumer represents those who will use the deliverables (products) of the project and continue to produce benefits including increased revenue and cost savings.
Incorrect
The Senior Consumer represents those who will use the deliverables (products) of the project and continue to produce benefits including increased revenue and cost savings.
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Question 6 of 30
6. Question
Which of these positions can’t be shared and only one person must fill-in?
Correct
It is to be noted that PRINCE2 allows only one, Project Manager.
Incorrect
It is to be noted that PRINCE2 allows only one, Project Manager.
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Question 7 of 30
7. Question
What functions of the Project Board devote personnel resources to the project?
Correct
The Senior Supplier authorizes specialist tools, and every customer tool is approved by the Senior Customer (such as helping to define specifications and participating in testing).
Incorrect
The Senior Supplier authorizes specialist tools, and every customer tool is approved by the Senior Customer (such as helping to define specifications and participating in testing).
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Question 8 of 30
8. Question
What of these functions is optional, and in a PRINCE2 project need not be filled out?
Correct
The Project Manager will handle the job, usually in a small project.
Incorrect
The Project Manager will handle the job, usually in a small project.
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Question 9 of 30
9. Question
Which of these positions does not form part of the project management team at PRINCE2?
Correct
It is found that quality Assurance is an external, organizational feature of the project.
Incorrect
It is found that quality Assurance is an external, organizational feature of the project.
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Question 10 of 30
10. Question
Which of these is not an acceptable set of roles to be covered in a PRINCE2 project by a single person?
Correct
Plan Monitoring must be Plan Manager-independent. It’s perfect for one person to be the Project Board on a very small project, and to fill all three board positions.
Incorrect
Plan Monitoring must be Plan Manager-independent. It’s perfect for one person to be the Project Board on a very small project, and to fill all three board positions.
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Question 11 of 30
11. Question
What are the Project Assurance Three Types?
Correct
It is to be noted that the Types of Project Assurance are given below:
I: Business
II: User
III: SupplierIncorrect
It is to be noted that the Types of Project Assurance are given below:
I: Business
II: User
III: Supplier -
Question 12 of 30
12. Question
Who is responsible for the Communications Planning Policy preparations?
Correct
It is found that the Project Manager is the one responsible for the preparations of the Communication Management Strategy.
Incorrect
It is found that the Project Manager is the one responsible for the preparations of the Communication Management Strategy.
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Question 13 of 30
13. Question
Who would assign an acceptable person to the position of Project Manager if this is not done by the management of the business or the program?
Correct
If this is not accomplished by corporate or program management, the Executive will assign a suitable person to the position of Project Manager.
Incorrect
If this is not accomplished by corporate or program management, the Executive will assign a suitable person to the position of Project Manager.
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Question 14 of 30
14. Question
Which of these statements is correct?
Correct
You may have a Project Manager on the supplier side, but the norm is that the Project Manager will be on the customer side; this is the responsibility of the customer, not of the supplier. It defines the stakeholders, not appoints them.
Incorrect
You may have a Project Manager on the supplier side, but the norm is that the Project Manager will be on the customer side; this is the responsibility of the customer, not of the supplier. It defines the stakeholders, not appoints them.
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Question 15 of 30
15. Question
In what phase is the project management team built for PRINCE2?
Correct
Starting up a project is related specifically to the activity ‘Design and appoint the project management team’.
Incorrect
Starting up a project is related specifically to the activity ‘Design and appoint the project management team’.
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Question 16 of 30
16. Question
Who creates the project files and then preserves them?
Correct
It is seen that the project support sets up and maintains the file of that specific project.
Incorrect
It is seen that the project support sets up and maintains the file of that specific project.
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Question 17 of 30
17. Question
Who performs configuration audits to ensure that the information on version control is both complete and accurate?
Correct
Project support performs configuration audits to ensure completeness and consistency of the version control details.
Incorrect
Project support performs configuration audits to ensure completeness and consistency of the version control details.
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Question 18 of 30
18. Question
Who verifies the project is delivering something that gives value for money?
Correct
Business assurance inside Project Assurance verifies that the project can produce value-for-money stuff.
Incorrect
Business assurance inside Project Assurance verifies that the project can produce value-for-money stuff.
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Question 19 of 30
19. Question
Who authorizes Work Packages (work assignments given to project teams)?
Correct
Project Manager authorizes Job Packages (business team task assignments).
Incorrect
Project Manager authorizes Job Packages (business team task assignments).
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Question 20 of 30
20. Question
At the end, who is in charge of the project?
Correct
Ultimately, the executive is the one responsible for taking charge of the project.
Incorrect
Ultimately, the executive is the one responsible for taking charge of the project.
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Question 21 of 30
21. Question
Who should secure project funding?
Correct
The executive of the project deals with securing the project funds.
Incorrect
The executive of the project deals with securing the project funds.
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Question 22 of 30
22. Question
Who will refer to something (escalate) to the management of companies or programs if it goes beyond the financial authority or the project limits?
Correct
When it goes beyond the financial authority or limitations assigned to the initiative, the executive will refer (escalate) it to the management of companies or programs.
Incorrect
When it goes beyond the financial authority or limitations assigned to the initiative, the executive will refer (escalate) it to the management of companies or programs.
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Question 23 of 30
23. Question
What keeps the structure of the project management teams up to date during the project?
Correct
During the project the project manager keeps the framework of the project management team up to date.
Incorrect
During the project the project manager keeps the framework of the project management team up to date.
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Question 24 of 30
24. Question
Which position of the project board do the teams working on the project represent?
Correct
The Senior Supplier of the Project Board represents the teams that work together on a project.
Incorrect
The Senior Supplier of the Project Board represents the teams that work together on a project.
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Question 25 of 30
25. Question
Which Project Board role is particularly significant in any decision making concerning the safeguarding of expected benefits?
Correct
Senior users are responsible for any decision making concerning the safeguarding of expected benefits.
Incorrect
Senior users are responsible for any decision making concerning the safeguarding of expected benefits.
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Question 26 of 30
26. Question
Why does Project Manager review the Benefits Review Program regularly during a delivery phase?
Correct
It’s important to note the benefits that come on stream during and after the project, not just at the project’s end. The Rewards Review Kit includes all bonus ratings. As the name suggests, it is a value assessment system, so it is not used to log benefits.them.
Incorrect
It’s important to note the benefits that come on stream during and after the project, not just at the project’s end. The Rewards Review Kit includes all bonus ratings. As the name suggests, it is a value assessment system, so it is not used to log benefits.them.
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Question 27 of 30
27. Question
Which of the following is included in the full Business Case as a PRINCE2 section?
Correct
The Benefits Evaluation Plan, another project. There is no such thing as a timetable for realization of the PRINCE2 Benefits and cost-benefit analysis is a tactic, not a leading business case. A heading in Business Case PRINCE2 is ‘Investment assessment.’
Incorrect
The Benefits Evaluation Plan, another project. There is no such thing as a timetable for realization of the PRINCE2 Benefits and cost-benefit analysis is a tactic, not a leading business case. A heading in Business Case PRINCE2 is ‘Investment assessment.’
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Question 28 of 30
28. Question
Which of these does not lead to being a member of the PID?
Correct
Phase schedule for step one of production. The PID contains the Business Case, Project Plan and Risk Management Policy. The Stage Plan is different, as it is not a ‘whole project’ – typically there are a number of Stage Plans since most projects are multi-stage – and the Project Initiation Report (PID) covers the whole project.
Incorrect
Phase schedule for step one of production. The PID contains the Business Case, Project Plan and Risk Management Policy. The Stage Plan is different, as it is not a ‘whole project’ – typically there are a number of Stage Plans since most projects are multi-stage – and the Project Initiation Report (PID) covers the whole project.
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Question 29 of 30
29. Question
What PRINCE2 operation does a Project Manager conduct before taking action to correct a stage that has deviated from its strategy, or before escalating specifics of that deviation to the Project Board?
Correct
Reviewing the status of the project, the activity of PRINCE2 performs a project manager before taking action to correct a stage that has deviated from its plan or before raising the particulars of the deviation to the project board.
Incorrect
Reviewing the status of the project, the activity of PRINCE2 performs a project manager before taking action to correct a stage that has deviated from its plan or before raising the particulars of the deviation to the project board.
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Question 30 of 30
30. Question
Which of the following will not apply to the operation Prepare the Plan for Risk Management?
Correct
Project mandate does not contribute to be an input to the activity Prepare the Risk Management Strategy.
Incorrect
Project mandate does not contribute to be an input to the activity Prepare the Risk Management Strategy.