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PRINCE2 PRINCE2-7-Foundation Practice Test - Questions Answers, Page 36

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The project manager needs to document how risk management will be undertaken during the project.

In which step of the 'risk management' technique should the project manager document this?

A.
Identify: define context and objectives
A.
Identify: define context and objectives
Answers
B.
Identify: identify threats and opportunities
B.
Identify: identify threats and opportunities
Answers
C.
Assess: prioritize risks
C.
Assess: prioritize risks
Answers
D.
Assess: combine risk profile
D.
Assess: combine risk profile
Answers
Suggested answer: A

Explanation:

The step where the project manager needs to document how risk management will be undertaken during the project is during the 'Identify: define context and objectives' step of the risk management technique. This initial step is crucial for setting the scope and objectives of risk management activities, providing a framework for identifying, assessing, and managing risks throughout the project.

Reference: (PRINCE2 7 Foundation Handbook, AXELOS)

Which principle should ensure that a project remains aligned with the objectives of the investing organizations?

A.
Focus on products
A.
Focus on products
Answers
B.
Manage by exception
B.
Manage by exception
Answers
C.
Tailor to suit the project
C.
Tailor to suit the project
Answers
D.
Ensure continued business justification
D.
Ensure continued business justification
Answers
Suggested answer: D

Explanation:

The principle of 'Ensure continued business justification' in PRINCE2 is designed to ensure that a project remains aligned with the objectives of the investing organization(s) throughout its life. This principle requires that the business case be reviewed continually to confirm that the project remains viable and desirable in light of evolving business circumstances and objectives.

Reference: (PRINCE2 7 Foundation Handbook, AXELOS)

Which statement BEST describes how approved plans enable control?

A.
By defining the quality specifications of individual products in product descriptions
A.
By defining the quality specifications of individual products in product descriptions
Answers
B.
By enabling the controlled consideration of business opportunities
B.
By enabling the controlled consideration of business opportunities
Answers
C.
By defining the benefits that need to be realized through the benefits management approach
C.
By defining the benefits that need to be realized through the benefits management approach
Answers
D.
By defining what is within the approved project scope to avoid scope creep
D.
By defining what is within the approved project scope to avoid scope creep
Answers
Suggested answer: D

Explanation:

Approved plans enable control primarily by defining what is included within the approved project scope, which helps to avoid scope creep. These plans establish clear boundaries and deliverables for the project, which are essential for managing resources and ensuring that the project team remains focused on delivering the specified outputs without unnecessary expansion of the project scope.

Reference: (PRINCE2 7 Foundation Handbook, AXELOS)

The senior user needs to ensure that the outputs will be used effectively to achieve the autcomes and realize the benefits.

Which element of effective business case management is the senior user applying?

A.
Aligning products to business objectives and tolerances
A.
Aligning products to business objectives and tolerances
Answers
B.
The business case lifecycle
B.
The business case lifecycle
Answers
C.
Establishing business justification
C.
Establishing business justification
Answers
D.
Planning benefit reviews during the project
D.
Planning benefit reviews during the project
Answers
Suggested answer: D

Explanation:

When the senior user ensures that the outputs will be effectively used to achieve the outcomes and realize the benefits, they are applying the element of 'Planning benefit reviews during the project' within effective business case management. This involves scheduling and conducting reviews to assess how the project's outputs are being used and whether the expected benefits are being realized, ensuring alignment with the project's business case.

Reference: (PRINCE2 7 Foundation Handbook, AXELOS)

Which process has the objective of confirming that acceptance criteria have been met?

A.
Controlling a stage
A.
Controlling a stage
Answers
B.
Directing a project
B.
Directing a project
Answers
C.
Managing product delivery
C.
Managing product delivery
Answers
D.
Closing a project
D.
Closing a project
Answers
Suggested answer: D

Explanation:

In PRINCE2, the 'Closing a Project' process has the objective of confirming that the project's products are acceptable and meet the established acceptance criteria. This process ensures that the project has delivered the required outputs as agreed upon, and these outputs are approved and accepted by the customer.

Reference: PRINCE2 Foundation Guide, 'Closing a Project' section

When tailoring PRINCE2 to suit the project, [?] may be changed to suit other standards or policies.

A.
Defined acceptance criteria
A.
Defined acceptance criteria
Answers
B.
the PRINCE2 principles
B.
the PRINCE2 principles
Answers
C.
the terminology used
C.
the terminology used
Answers
D.
the number of themes applied
D.
the number of themes applied
Answers
Suggested answer: C

Explanation:

When tailoring PRINCE2 to suit the project environment, changes can be made to the terminology used to better align with the organization's existing standards, policies, or practices. This helps in integrating PRINCE2 within the organization more seamlessly without altering the core principles and themes which are foundational to the methodology's effectiveness.

Reference: PRINCE2 Foundation Guide, Tailoring PRINCE2 section

Based on a review of lessons reports from previous projects, some proposals have been made on how to apply PRINCE to a project:

Which role should be accountable for approving these proposals?

A.
Project board
A.
Project board
Answers
B.
Project manager
B.
Project manager
Answers
C.
Project assurance
C.
Project assurance
Answers
D.
Business layer
D.
Business layer
Answers
Suggested answer: A

Explanation:

The Project Board is accountable for approving proposals based on lessons learned from previous projects. This role involves decision-making at a higher level to ensure that the project aligns with the organization's overall strategy and governance framework. The Project Board's approval is crucial for implementing changes that can impact the project's direction and management.

Reference: PRINCE2 Foundation Guide, 'Organization' theme

What is a purpose of the communication management approach?

A.
To define how the project team intends to obtain responses from stakeholders
A.
To define how the project team intends to obtain responses from stakeholders
Answers
B.
To describe the techniques required to make the project product acceptable to stakeholders
B.
To describe the techniques required to make the project product acceptable to stakeholders
Answers
C.
To describe the target organizational state and how the business will move to that new state
C.
To describe the target organizational state and how the business will move to that new state
Answers
D.
To describe the processes used to engage with stakeholders in identifying uncertainties
D.
To describe the processes used to engage with stakeholders in identifying uncertainties
Answers
Suggested answer: A

Explanation:

The purpose of the Communication Management Approach is to define how the project team will engage with and manage communications with stakeholders throughout the project. This includes planning the means and frequency of communication to ensure all stakeholders are appropriately informed and can provide necessary feedback on project progress and issues.

Reference: PRINCE2 Foundation Guide, 'Communication Management Approach' section

The project board needs to confirm that there is enough information to initiate the project.

What should the project board review?

A.
Project brief
A.
Project brief
Answers
B.
Business case
B.
Business case
Answers
C.
Benefits management approach
C.
Benefits management approach
Answers
D.
Project plan
D.
Project plan
Answers
Suggested answer: A

Explanation:

The Project Board must review the Project Brief to confirm there is enough information to initiate the project. The Project Brief includes the outline Business Case, the project's objectives, and how the project fits into the organization's objectives. This document is essential for the Project Board to understand what the project is intended to achieve, ensuring alignment with organizational goals and confirming that the project remains viable before moving forward into the initiation stage.

Reference: PRINCE2 Foundation training manual and official handbook.

Which term is defined as the means by which an organization transitions from its current state to the target state?

A.
Change management
A.
Change management
Answers
B.
change control
B.
change control
Answers
C.
Progress management
C.
Progress management
Answers
D.
Risk management
D.
Risk management
Answers
Suggested answer: A

Explanation:

Change management is defined as the means by which an organization transitions from its current state to the target state. It encompasses all activities involved in managing change, including handling changes to the scope of projects and ensuring that changes are implemented smoothly and sustainably. This involves strategic planning, oversight, and ensuring that changes are accepted and adopted by all stakeholders.

Reference: PRINCE2 Foundation training materials and glossary.

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