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2024 Updated Prince2 Foundation Exam Questions & Practice Tests, PRINCE2® 7 Foundation | SPOTO

Ace the PRINCE2 Foundation exam with our updated 2024 practice tests and exam questions. Gain access to hundreds of realistic online exam questions, covering every concept you need to master. Test your skills with free mock exams that mimic the real certification environment. Our exam dumps provide invaluable sample questions and answers from previous exams. Complement your studies with our comprehensive exam materials, including detailed explanations and study guides from subject matter experts. Whether you need focused exam practice or an all-inclusive preparation resource, our latest PRINCE2 Foundation offerings ensure you walk into the exam with confidence. Don't miss this opportunity to succeed – leverage our proven practice tests and study resources today.
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Question #1
Which may be funded from a risk budget?
A. Capturing identified threats and opportunities in the Risk Register
B. Specific management responses to a project's threats and opportunities
C. Producing risk summaries for inclusion in Highlight Reports
D. Any remaining open risks after the project has been closed
View answer
Correct Answer: A

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Question #2
Which is a purpose of a Project Product Description?
A. Form part of the Work Package for the project product
B. Provide the initial project budget to be refined in the Business Case
C. Document the project mandate and gain approval for the project from the Project Board
D. Define the quality required of the project's product
View answer
Correct Answer: D
Question #3
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
View answer
Correct Answer: C
Question #4
Identify the missing word in the following sentence. The [?] theme defines that the Project Board is responsible for the overall direction and management of the project,
A. Progress
B. Plans
C. Organization
D. Business Case
View answer
Correct Answer: A
Question #5
Which should be funded from a change budget?
A. The Starting up a Project process
B. A fallback plan
C. An agreed change to the scope of a project
D. A change to a plan, within allocated tolerances, due to poor estimating
View answer
Correct Answer: D
Question #6
What is used to identify any organization or interested party who needs to be informed of project closure?
A. Configuration Management Strategy
B. Project management team structure
C. Communication Management Strategy
D. Project Brief
View answer
Correct Answer: D
Question #7
Which is a benefit of using PRINCE2?
A. Provides a defined structure of accountability, delegation, authority and communication
B. Includes techniquesfor critical path analysis and earned value analysis
C. Enables a Project Manager to be accountable for the success of a project
D. Prevents any changes once the scope of a project has been agreed
View answer
Correct Answer: A
Question #8
- (Topic 4) Which should be provided by corporate or programme management before the Starting up a Project process commences?
A. A Project Brief
B. Sufficient information to identify the prospective Executive
C. The Project Initiation Documentation
D. Authority to initiate a project
View answer
Correct Answer: B
Question #9
Identify the missing words in the following sentence. The [ ? ] should include representation to satisfy the interests of the three primary categories of stakeholders affected by a PRINCE2 project.
A. Corporate or programme management
B. Project Board
C. Team Managers
D. Project Support
View answer
Correct Answer: A
Question #10
Used to provide a foundation for the Initiating a Project process
A. Mastered
B. Not Mastered
View answer
Correct Answer: C
Question #11
- (Topic 4) Identify the missing words in the following sentence. A risk budget is a sum of money included in the [ ? ] and set aside to fund specific management responses to a project's threats and opportunities
A. change budget
B. project budget
C. project's cost tolerance
D. project's risk tolerance
View answer
Correct Answer: C
Question #12
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
View answer
Correct Answer: D
Question #13
Which is a purpose of the Plans theme?
A. Identify, assess and control any potential changes to the baseline
B. Establish the project's structure of accountability
C. Assess and control uncertainty
D. Understand whether the targets are achievable
View answer
Correct Answer: D
Question #14
What product forms the contract' between the Project Board and the Project Manager?
A. Project Brief
B. Project Initiation Documentation
C. Project mandate
D. Project Plan
View answer
Correct Answer: C
Question #15
Which is a purpose of quality planning?
A. Define the structure of the project management team
B. Detail the acceptance criteria, in order for the Project Board to agree the level of qualityexpected of the project's product
C. Document approval records for those project products that have met their quality criteria
D. Produce the Project Plan with resource and schedule information
View answer
Correct Answer: B
Question #16
Which activity takes place within the Managing a Stage Boundary process?
A. Produce Highlight Reports
B. Take corrective action within the limits of a stage's tolerance
C. Produce an Exception Plan
D. Authorize a Stage Plan for the next stage
View answer
Correct Answer: B
Question #17
Where should the names of those who are to approve a product be recorded?
A. Product Status Account
B. Product Description
C. Configuration Item Record
D. Checkpoint Report
View answer
Correct Answer: C
Question #18
Which role is part of the Project Board?
A. Corporate or programme management
B. Risk owner
C. Project Manager
D. Senior Supplier
View answer
Correct Answer: C
Question #19
When are tolerances for a Work Package agreed?
A. When acceptinga Work Package
B. As work on each product within the Work Package begins
C. Once ail products have been developed and approved
D. When the Stage Plan is authorized by the Project Board
View answer
Correct Answer: C
Question #20
- (Topic 4) Which process ensures that key roles and responsibilities are allocated before a decision is made to initiate a project?
A. Managing Product Delivery
B. Initiating a Project
C. Managing a Stage Boundary
D. Starting up a Project
View answer
Correct Answer: B
Question #21
In which product would you find a product's quality tolerance defined?
A. Product Description
B. Quality Management Strategy
C. Quality Register
D. Configuration Item Record
View answer
Correct Answer: C
Question #22
- (Topic 4) Which is a typical core activity within configuration management?
A. Issue management
B. Quality inspection
C. Quality inspection
D. Preparation
View answer
Correct Answer: A
Question #23
Which describes the 'Implement' step within the recommended risk management procedure?
A. Project Support will allocate the risk budget to fund the selected risk responses
B. The risk owner will decide the best response to control the risk
C. The risk owner and the risk actionee will carry out activities to control and deal with the risk
D. The Project Manager will formulate the RiskManagement Strategy
View answer
Correct Answer: D
Question #24
Which statement defines a risk?
A. A certain event occurring in the future that will have a negative impact on the project's objectives
B. An event that has already occurred that the Project Manager must deal with immediately
C. An uncertain event, or set of events that, should it or they occur, will have an effect on the achievement of objectives
D. An uncertain event, or set of events that, should it or they occur, will be automatically escalated to the Project Board for a response
View answer
Correct Answer: B
Question #25
Which is NOT a true statement about the Managing a Stage Boundary process?
A. It providessufficient information for the Project Board to review the success of the current stage
B. It is used to create an Exception Plan if requested by the Project Board
C. It provides a fixed point at which acceptance of the project product is confirmed
D. It is executed at, or close to, the end of each management stage, except the final one
View answer
Correct Answer: B
Question #26
Identify the missing words in the following sentence.During the Initiating a Project process the [?] before a project is authorized.
A. minimum necessaryis done to decide if a project is worthwhile
B. aim is to establish sound foundations to achieve a successful project
C. Project Brief is assembled and approved
D. project approach appropriate for delivering a project is selected
View answer
Correct Answer: B
Question #27
Which of the following statements about lines of authority and reporting are true?
A. Mastered
B. Not Mastered
View answer
Correct Answer: A
Question #28
Which is the purpose of the Change theme?
A. Prevent change to baselined products
B. Identify, assess and control any potential and approved changes to baselined products
C. Establish mechanisms to monitor and compare actual achievements against those planned
D. Assess and control uncertainty
View answer
Correct Answer: B
Question #29
Which is one of the three levels of plan in PRINCE2?
A. Benefits Review Plan
B. Programme Plan
C. Team Plan
D. Project Brief
View answer
Correct Answer: B
Question #30
Which is a purpose of the Starting up a Project process?
A. Prevent poorly conceived projects from ever being initiated
B. Ensure the communication requirements of all stakeholders are documented
C. Learn lessons from this project
D. Document how changes required by corporate or programme management will be reviewed
View answer
Correct Answer: B

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