Practice Free PRINCE2 7 Foundation Exam Online Questions
Which is a benefit of using PRINCE2?
- A . It promotes consistency of project work and the ability to reuse project assets.
- B . It includes techniques for critical path analysis and earned value analysis
- C . It enables a project manager to be accountable for the success of a project
- D . It prevents any changes once the scope of a project has been agreed
A
Explanation:
PRINCE2® benefits organizations and project management by promoting consistency across project work and facilitating the reuse of project assets. This includes methodologies, processes, and lessons learned which enhance efficiency and effectiveness in managing projects, thereby contributing to consistent project success and resource optimization.
Reference: = PRINCE2® 7 Foundation handbook and online resources
Which is a benefit of using PRINCE2?
- A . It promotes consistency of project work and the ability to reuse project assets.
- B . It includes techniques for critical path analysis and earned value analysis
- C . It enables a project manager to be accountable for the success of a project
- D . It prevents any changes once the scope of a project has been agreed
A
Explanation:
PRINCE2® benefits organizations and project management by promoting consistency across project work and facilitating the reuse of project assets. This includes methodologies, processes, and lessons learned which enhance efficiency and effectiveness in managing projects, thereby contributing to consistent project success and resource optimization.
Reference: = PRINCE2® 7 Foundation handbook and online resources
Identify the missing words in the following sentence.
The ‘starting up a project" process is triggered when a [ ? ] is available.
- A . project business case
- B . project mandate
- C . stage plan
- D . work package
B
Explanation:
The ‘Starting up a Project’ process in PRINCE2® is typically triggered when a project mandate is available. The project mandate provides the basic information necessary to define whether there is sufficient justification to proceed with the project’s setup.
Reference: PRINCE2® Foundation Manual
Identify the missing words in the following sentence.
The ‘starting up a project" process is triggered when a [ ? ] is available.
- A . project business case
- B . project mandate
- C . stage plan
- D . work package
B
Explanation:
The ‘Starting up a Project’ process in PRINCE2® is typically triggered when a project mandate is available. The project mandate provides the basic information necessary to define whether there is sufficient justification to proceed with the project’s setup.
Reference: PRINCE2® Foundation Manual
According to PRINCE2, why might there be more than one business case for a project?
- A . There may be more than one management stage in the project
- B . The project may be in a commercial environment with a number of suppliers
- C . There may be more than one work package being delivered in the project
- D . The project may be in a programme environment
D
Explanation:
In a programme environment, there might be multiple business cases within a single project, each supporting different parts of the programme’s overall goals. This scenario is common when a project is designed to deliver outputs that contribute to several overlapping strategies or objectives within the programme.
Reference: PRINCE2® Foundation Handbook, Business Case Theme section.
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
C
Explanation:
The Project Plan in PRINCE2 identifies the management stages and timescales of a project. This plan provides an overview of how and when the project’s objectives are to be achieved, by showing the major products, activities and resources required for the project, and structuring them within a timescale.
Reference: PRINCE2 Foundation manual, PRINCE2 official resources
Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.
- A . Avoid
- B . Reduce
- C . Share
- D . Transfer
D
Explanation:
The risk response type "Transfer" is applicable to both threats and opportunities. This response involves transferring the ownership of the risk to a third party who is better able to manage the risk, thus applying to both positive and negative risks.
Reference: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.
Which describes a project benefit?
- A . A specialist product of the project
- B . The result of a change derived from using the project’s products
- C . An uncertain result caused by project actions
- D . A measurable improvement resulting from an outcome
D
Explanation:
In PRINCE2, a project benefit is defined as a measurable improvement that results from an outcome perceived as an advantage by one or more stakeholders. Benefits are the positive effects or gains yielded by the project, which contribute directly to the organization’s objectives.
Reference: PRINCE2® 7 Foundation Handbook and official training materials.
Which is a benefit of applying the ‘tailor to suit the project’ principle?
- A . Project management becomes less bureaucratic
- B . The capability of leadership is strengthened
- C . The project environment complexity is reduced
- D . The number of outputs is reduced
A
Explanation:
Applying the ‘tailor to suit the project’ principle in PRINCE2® helps make project management less bureaucratic by allowing for adaptations based on the project’s size, complexity, environment, and stakeholders’ needs. This flexibility reduces unnecessary overhead and ensures that the project management approach is both effective and efficient, enhancing overall project delivery without being overly constrained by rigid processes.
Reference: PRINCE2® Foundation Manual
Why is it crucial that the Project Product Description clearly defines acceptance methods?
- A . Enables Project Assurance to authorize quality activities
- B . Defines how all project products will be reviewed and approved
- C . Defines how it will be proven that the completed project product meets the customer’s expectations
- D . Provides confirmation that all project products have met their quality criteria
C
Explanation:
The Project Product Description in PRINCE2® should clearly define acceptance methods to ensure that there is a concrete plan for demonstrating that the final project product meets the customer’s quality expectations. This is crucial for aligning the project’s outputs with the customer’s needs and expectations. While it is part of broader quality control and assurance mechanisms, the specific role of defining acceptance methods is to make clear how compliance with quality expectations will be verified.
Reference: PRINCE2® 7 Foundation study guide and documents.