PRINCE2Foundation Practice Exam Tests Latest Updated on Oct-2024 [Q155-Q173]

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PRINCE2Foundation Practice Exam Tests Latest Updated on Oct-2024

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PRINCE2 methodology is widely recognized as one of the most effective project management frameworks, and it is used by organizations of all sizes and across a range of industries. By obtaining the PRINCE2 Foundation certification, individuals demonstrate that they have a solid understanding of this methodology, and are equipped with the skills and knowledge needed to work on projects that are managed using PRINCE2. PRINCE2 7 Foundation written Exam certification can help individuals advance their careers in project management, and can open up new opportunities for them in a variety of industries.

PRINCE2 Foundation exam is a multiple-choice exam consisting of 60 questions that must be completed within 60 minutes. To pass the exam, candidates must score at least 55% or 33 marks out of 60. PRINCE2Foundation exam covers topics such as the PRINCE2 principles, themes, and processes, project management roles and responsibilities, and the management of risk, quality, and change within a project. The PRINCE2 Foundation certification is an excellent choice for project management professionals looking to enhance their skills and knowledge and demonstrate their expertise in the PRINCE2 methodology.

QUESTION 155
What information should be recorded in the quality register?

Planned activities to determine whether the products are fit for purpose

Potential threats to the project’s objectives and how they will be managed

Lessons that the project will capture and use during the project

Off-specifications that will occur during the project

Section: Volume B
Explanation/Reference:
Reference https://mplaza.pm/prince2-quality-register-template/

QUESTION 156
Identify the missing words in the following sentence.
The ‘managing a stage boundary’ process should be executed [ ? ] a management stage.

when a stage plan has been prepared for

at the beginning of

when all the delivery steps have been completed within

at, or close to the end of,

The “Managing a Stage Boundary” process in PRINCE2 should be executed at, or close to the end of, a management stage. This timing allows for proper assessment of the stage’s outcomes and preparation for the next stage, ensuring effective planning and reporting as required by the project board. References:
PRINCE2 Foundation Handbook, Managing a Stage Boundary section.

QUESTION 157
Which is a recommended quality review team role?

Project Manager

Assurance

Project Support

Administrator

Section: Volume B

QUESTION 158
What is used to identify any organization or interested party who needs to be informed of project closure?

Configuration Management Strategy

Project management team structure

Communication Management Strategy

Project Brief

QUESTION 159
Which is NOT a purpose of the Organization theme?

Define a project management team structure

Define the level of tolerance for each level of the project management team

Define the Project Board’s responsibility for directing the project

Define which role is accountable for the project’s success

Section: Volume A

QUESTION 160
Which is a benefit of using PRINCE2?

Is a method specifically designed for technical projects

Provides for the efficient and economic use of management time

Includes many of the proven planning techniques, such as critical path analysis

Can be used to manage both projects and programmes

QUESTION 161
Which is NOT one of the PRINCE2 integrated elements?

Tailoring PRINCE2 to the project environment

The processes

The products

The themes

QUESTION 162
Which principle helps to ensure that all changes to the outputs are agreed?

Learn from experience

Manage by exception

Focus on products

Defined roles and responsibilities

he PRINCE2 principle of “Focus on products” helps to ensure that all changes to the outputs are agreed upon. This principle emphasizes defining and delivering products that meet specific requirements, ensuring that changes are controlled and agreed upon through the proper product descriptions and project management processes. It helps manage scope and quality by focusing on product delivery requirements.References:
PRINCE2 Foundation Manual

QUESTION 163
Which is a purpose of a Lessons Report?

Improve the project management method for future projects

Detail open issues and risks that need to be managed after the project has closed

Compare the actual performance of the final stage against its plan

Provide a summary of the benefits realized during the project

QUESTION 164
What theme provides all management levels within the project management team with mechanisms for monitoring and control?

Progress

Change

Organization

Quality

QUESTION 165
In a commercial environment, which process links the team manager and the PRINCE2 method used in a project?

Directing a project

Managing product delivery

Managing a stage boundary

Initiating a project

The process that links the Team Manager role with the PRINCE2 method in a commercial environment is
‘Managing Product Delivery’. This process ensures that the project’s products are created and delivered efficiently and effectively, aligning the work of the team with the overall project management approach.
References: PRINCE2 7 Foundation Handbook and official training materials.

QUESTION 166
From whom does a Team Manager obtain approval for a completed product?

Project Manager

Project Support

The authority defined in the Product Description

Senior Supplier

QUESTION 167
Who does the Team Manager report to and take direction from?

Project Board

Project Assurance

Project Manager

Project Support

QUESTION 168
What theme provides all management levels within the project management team with mechanisms for monitoring and control?

Progress

Change

Organization

Quality

The Progress theme in PRINCE2 provides all management levels within the project management team with mechanisms for monitoring and control. It involves tracking the ongoing viability of the plans and the project’s objectives, and it includes mechanisms for reporting, reviewing, and ensuring that decisions on continued investment are based on accurate information. References: PRINCE2 Foundation manual, PRINCE2 official resources

QUESTION 169
Which is a purpose of the business case theme?

To identify which role is responsible for producing the business case

To identify the project’s outputs

To establish the controls to manage changes that may impact the project benefits

To establish a viable investment proposition

The purpose of the Business Case theme in PRINCE2 is to establish a viable investment proposition. It justifies the investment in the project through an ongoing assessment of benefits, costs, and risks, ensuring that the project remains desirable, viable, and achievable throughout its life.References: PRINCE2 7 Foundation Source: PRINCE2 Foundation handbook and online resources

QUESTION 170
Which provides a single source of reference that may be used by people joining a project after it has been initiated so they can quickly and easily find out how the project is being managed?

Project Brief

Project Initiation Documentation

Project mandate

Project Product Description

QUESTION 171
During the ‘initiating a project’ process, who specifies the required level of management control?

Corporate, programme management or customer

Project board

Project manager

Project assurance

QUESTION 172
What is performed as part of the recommended risk management procedure?

A budget to investigate issues is allocated

Risk management practices are reviewed to ensure that they are performed effectively

Information about risks to the projects is sent to project stakeholders

Conflicts between the project and the programme board are resolved

Explanation
Reference
https://www.greycampus.com/opencampus/prince-2-foundation/prince2-risk-management-procedure

QUESTION 173
Which is a purpose of the Controlling a Stage process?

Produce a Team Plan for the work to be assigned to a Team Manager

Select and implement actions that will resolve deviations from a plan within tolerance

Obtain approvals for products delivered in aWork Package

Update a Project Plan to incorporate the actuals from a Stage Plan

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