Practice Free PRINCE2 7 Foundation Exam Online Questions
Question #31
According to the ‘exception management’ technique, when should the team manager raise an issue?
- A . When the team manager predicts that a product will cause a stage to exceed its time tolerance
- B . When the team manager identifies that a product is going to be delivered late
- C . when the team manager predicts that a product will cause a work package to exceed its time tolerance
- D . when the team manager identifies that the work package has already exceeded its time tolerance
Correct Answer: C
C
Explanation:
According to the ‘exception management’ technique, the team manager should raise an issue when they predict that a product will cause a work package to exceed its time tolerance. This proactive approach allows for timely decision-making and corrective action by the Project Board, ensuring that project delivery is kept on track and within the agreed tolerances.
Reference: PRINCE2® methodology and exception management guidance.
C
Explanation:
According to the ‘exception management’ technique, the team manager should raise an issue when they predict that a product will cause a work package to exceed its time tolerance. This proactive approach allows for timely decision-making and corrective action by the Project Board, ensuring that project delivery is kept on track and within the agreed tolerances.
Reference: PRINCE2® methodology and exception management guidance.
Question #32
Which is an objective of the ‘managing a product delivery’ process?
- A . To ensure the business case is regularly reviewed
- B . To assess whether the stage products have been approved
- C . To deliver the planned specialist products within tolerance
- D . To request authorization to start the next stage
Correct Answer: C
C
Explanation:
The objective of the ‘Managing a Product Delivery’ process in PRINCE2 is to ensure that the project’s specialist products are delivered within the agreed tolerances. This process focuses on the acceptance, execution, and delivery of work packages, ensuring that each product meets the project’s specifications and quality requirements.
Reference: PRINCE2® 7 Foundation Handbook and official training materials.
C
Explanation:
The objective of the ‘Managing a Product Delivery’ process in PRINCE2 is to ensure that the project’s specialist products are delivered within the agreed tolerances. This process focuses on the acceptance, execution, and delivery of work packages, ensuring that each product meets the project’s specifications and quality requirements.
Reference: PRINCE2® 7 Foundation Handbook and official training materials.
Question #33
Which is a purpose of the ‘identify the risks’ step within the recommended risk management procedure?
- A . To identify responses to risks documented in the business case
- B . To identify information about the project environment and objectives
- C . To identify the roles to be involved in risk management activities
- D . To identify uncertainties that may impact on the delivery of the project objectives
Correct Answer: D
D
Explanation:
The purpose of the ‘Identify the Risks’ step within the recommended risk management procedure is to identify uncertainties that may impact the achievement of project objectives. This step involves recognizing potential issues and challenges that could threaten the project’s success, enabling proactive management and mitigation strategies.
Reference: PRINCE2® 7 Foundation Handbook and official training materials.
D
Explanation:
The purpose of the ‘Identify the Risks’ step within the recommended risk management procedure is to identify uncertainties that may impact the achievement of project objectives. This step involves recognizing potential issues and challenges that could threaten the project’s success, enabling proactive management and mitigation strategies.
Reference: PRINCE2® 7 Foundation Handbook and official training materials.
Question #34
Which product identifies how often stakeholders require information?
- A . Communication management approach
- B . Lessons report
- C . Configuration item record
- D . Benefits management approach
Correct Answer: A
A
Explanation:
The Communication Management Approach is the PRINCE2® product that describes the means and frequency of communication to parties both within and outside the project. It specifically addresses how often and by what methods stakeholders will receive information regarding the project, reflecting their information needs as identified in stakeholder analyses.
Reference: PRINCE2® Foundation Manual
A
Explanation:
The Communication Management Approach is the PRINCE2® product that describes the means and frequency of communication to parties both within and outside the project. It specifically addresses how often and by what methods stakeholders will receive information regarding the project, reflecting their information needs as identified in stakeholder analyses.
Reference: PRINCE2® Foundation Manual
Question #35
Which of the following is the Business Case used for during the Managing a Stage Boundary process?
- A . Enable the Project Board to decide whether or not to authorize the project
- B . Justify the continuing viability of the project
- C . Enable the Project Board to decide whether or not to authorize project closure
- D . Justify the initiation of a project
Correct Answer: B
B
Explanation:
During the Managing a Stage Boundary process, the Business Case is used to justify the continuing viability of the project. This involves reviewing and, if necessary, updating the Business Case to reflect any changes or new insights that might impact the project’s justification. This helps the Project Board make informed decisions about the future progression of the project.
Reference: PRINCE2® 7 Foundation handbook and official documents.
B
Explanation:
During the Managing a Stage Boundary process, the Business Case is used to justify the continuing viability of the project. This involves reviewing and, if necessary, updating the Business Case to reflect any changes or new insights that might impact the project’s justification. This helps the Project Board make informed decisions about the future progression of the project.
Reference: PRINCE2® 7 Foundation handbook and official documents.
Question #36
The project board Wants to consider whether td continue to operate in the same way, of Whether to change operations by means. of a project.
In which step of ‘business case management technique should this be considered?
- A . Develop
- B . Check
- C . Maintain
- D . Confirm
Correct Answer: A
A
Explanation:
The ‘Develop’ step in the ‘Business Case Management’ technique within PRINCE2® is where the rationale for the project is initially formulated. This includes evaluating whether current operations should continue as they are or if a change through a project could potentially enhance efficiency or effectiveness. This is the stage where strategic decisions about starting a project are made based on business justifications.
Reference: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation Top of Form
A
Explanation:
The ‘Develop’ step in the ‘Business Case Management’ technique within PRINCE2® is where the rationale for the project is initially formulated. This includes evaluating whether current operations should continue as they are or if a change through a project could potentially enhance efficiency or effectiveness. This is the stage where strategic decisions about starting a project are made based on business justifications.
Reference: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation Top of Form
Question #37
Which is NOT one of the PRINCE2 integrated elements?
- A . Tailoring PRINCE2 to the project environment
- B . The processes
- C . The products
- D . The themes
Correct Answer: C
C
Explanation:
In the context of PRINCE2, the integrated elements include the principles, themes, processes, and tailoring PRINCE2 to the project environment. ‘The products’ are not listed as one of these integrated elements. Instead, they are outputs or deliverables that result from applying the PRINCE2 methodology to project management.
Reference: PRINCE2 Foundation manual, PRINCE2 official resources
C
Explanation:
In the context of PRINCE2, the integrated elements include the principles, themes, processes, and tailoring PRINCE2 to the project environment. ‘The products’ are not listed as one of these integrated elements. Instead, they are outputs or deliverables that result from applying the PRINCE2 methodology to project management.
Reference: PRINCE2 Foundation manual, PRINCE2 official resources
Question #38
What may be funded from a risk budget?
- A . Corrections required due to off-specifications
- B . Impact analysis of requests for change
- C . Implementation of a fallback plan
- D . Preparation of the risk management approach
Correct Answer: C
C
Explanation:
A risk budget may fund the implementation of a fallback plan, which is activated if a risk materializes. This ensures that resources are available to manage and mitigate the impact of risks on the project, aligning with proactive risk management strategies in PRINCE2.
Reference: PRINCE2® 7 Foundation Handbook and official training materials.
C
Explanation:
A risk budget may fund the implementation of a fallback plan, which is activated if a risk materializes. This ensures that resources are available to manage and mitigate the impact of risks on the project, aligning with proactive risk management strategies in PRINCE2.
Reference: PRINCE2® 7 Foundation Handbook and official training materials.
Question #39
Which is shown in a product breakdown structure?
- A . Management stages, major products and control points
- B . In which order the products should be created
- C . The major products that are to be developed in a plan
- D . What resources are required to develop the products
Correct Answer: C
C
Explanation:
A product breakdown structure (PBS) in PRINCE2® is a hierarchical decomposition of the major products that are to be developed in a project. It helps in visualizing all the products (deliverables) that are required for the project, ensuring that all products are identified and nothing is overlooked. The PBS does not indicate the order of product creation, resource requirements, or control points, but strictly the products needed.
Reference: PRINCE2® 7 Foundation study guide and resources.
C
Explanation:
A product breakdown structure (PBS) in PRINCE2® is a hierarchical decomposition of the major products that are to be developed in a project. It helps in visualizing all the products (deliverables) that are required for the project, ensuring that all products are identified and nothing is overlooked. The PBS does not indicate the order of product creation, resource requirements, or control points, but strictly the products needed.
Reference: PRINCE2® 7 Foundation study guide and resources.
Question #40
What is established during the ‘initiating a project’ process?
- A . The agreed protect acceptance criteria
- B . The need for a configuration library
- C . A plan for the work or project initiation
- D . An understanding of the project’s funding
Correct Answer: C
C
Explanation:
During the ‘Initiating a Project’ process in PRINCE2®, a detailed plan for the work needed for project initiation is established. This includes developing the various management strategies and the project initiation documentation (PID) that will guide the project’s execution and control phases.
Reference: PRINCE2® Foundation Manual
C
Explanation:
During the ‘Initiating a Project’ process in PRINCE2®, a detailed plan for the work needed for project initiation is established. This includes developing the various management strategies and the project initiation documentation (PID) that will guide the project’s execution and control phases.
Reference: PRINCE2® Foundation Manual