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Prince2 Foundation Exam Success: Mock Tests & Study Resources, PRINCE2® 7 Foundation | SPOTO

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Question #1
Identify the missing word in the following sentence, A project's output is produced during a project but the [?] for the project are often only realized after the project has closed.
A. costs
B. risks
C. benefits
D. issues
View answer
Correct Answer: C

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Question #2
Which is a benefit of using PRINCE2?
A. Is a method specifically designed for technical projects
B. Provides for the efficient and economic use of management time
C. Includes many of the proven planning techniques, such as critical path analysis
D. Can be used tomanage both projects and programmes
View answer
Correct Answer: B
Question #3
Identify the missing word in the following sentence, A purpose of the [?] theme is to control any unacceptable deviations from the project's objectives.
A. Change
B. Plans
C. Progress
D. Risk
View answer
Correct Answer: C
Question #4
Which is NOT a purpose of a Benefits Review Plan?
A. Define the periodover which the cost-benefit analysis will be based
B. Describe how to measure the performance of the project's products in operational use
C. Define the scope, timing and ownership of the benefit reviews required
D. Describe how to measure and confirm anybenefits that are to be realised after the project is closed
View answer
Correct Answer: B
Question #5
Which describes the 'Identify Risks' step within the recommended risk management procedure?
A. Identify responses to risks documented in the Business Case
B. Gather information about the project environment and objectives
C. Identify the roles to be involved in risk management activities
D. Identify uncertainties that may impact on the delivery of the project objectives
View answer
Correct Answer: C
Question #6
What is the first task of product-based planning?
A. Produce the Initiation Stage Plan
B. Write the Project Product Description
C. Identify dependencies
D. Create the product breakdown structure
View answer
Correct Answer: A
Question #7
Who should act as the communication channel between a project and corporate or programme management?
A. Project Board
B. Project Assurance
C. Project Manager
D. Project Support
View answer
Correct Answer: C
Question #8
What takes place during the Closing a Project process?
A. The post-project benefits reviews are performed
B. Ownership of the project's products is transferred to the customer
C. An End Stage Report is prepared for the final stage
D. The project closure notification is reviewed and approved
View answer
Correct Answer: A
Question #9
Who does the Team Manager report to and take direction from?
A. Project Board
B. Project Assurance
C. Project Manager
D. Project Support
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Correct Answer: C
Question #10
Which is an objective of the Managing Product Delivery process?
A. Sign-off completed Work Packages
B. Ensure the Business Case is kept under review
C. Report progress to the Project Board
D. Ensure that work on products is authorized and agreed with the team
View answer
Correct Answer: B
Question #11
Identify the missing words in the following sentence. A Change Authority may be given a [?] to enable it to finance new requirements.
A. change budget
B. cost tolerance
C. risk budget
D. scope tolerance
View answer
Correct Answer: D
Question #12
Which product documents the information needed to demonstrate continued business justification?
A. Business Case
B. Communication Management Strategy
C. Project Product Description
D. Quality Management Strategy
View answer
Correct Answer: C
Question #13
Which is a purpose of a Lessons Report?
A. Improve the project management method for future projects
B. Detail open issues and risks that need to be managed after the project has closed
C. Compare the actual performance of the final stage against its plan
D. Provide a summary of the benefits realized during the project
View answer
Correct Answer: A
Question #14
Identify the missing words in the following sentence. The purpose of the Starting up a Project process is as much about [?] as it is about requesting authorization to initiate viable projects,
A. producing an achievable Project Plan
B. preventing poorly-conceived projects from ever being initiated
C. obtaining approval from all stakeholders
D. setting up the required project controls
View answer
Correct Answer: A
Question #15
Which is a purpose of a Project Brief?
A. Capture lessons from previous projects
B. Ensure that there is a common understanding of the starting point for the project
C. Confirm that the Project Plan is able to deliver the Business Case
D. Define the quality techniques and standards to be applied during the project
View answer
Correct Answer: B
Question #16
What is the definition of a project outcome?
A. A measurable improvement that is perceived as an advantage by one or more stakeholders
B. The reason for the project
C. The result of the change derived from using the project's outputs
D. The project's specialist products
View answer
Correct Answer: A
Question #17
Which statement about risks is FALSE?
A. A risk that could have a positive impact on a project's objectives is known as an opportunity
B. A risk that could have a negative impact on a project's objectives is known as a threat
C. A risk that a project's product is incomplete is known as an off-specification
D. A risk is an uncertain event that, should it occur, will have an effect on a project's objectives
View answer
Correct Answer: C
Question #18
Which describes a risk effect?
A. The uncertainty expressed as a negative or favourable occurrence
B. The issue which is affecting the project and has resulted in a risk
C. The impact(s) on the project objectives should the threat or opportunity occur
D. The change in the statusof a risk in response to actions taken to control it
View answer
Correct Answer: B
Question #19
Which describes a risk event?
A. The area of uncertainty in terms of the threat or opportunity
B. Thederivation or sources of a potential risk to the project
C. The achievement of a milestone on the Project Plan
D. The sequence of events and actions that will be put in place if a risk occurs
View answer
Correct Answer: A
Question #20
Which may be funded from a risk budget?
A. Corrections due to off-specifications
B. Impact analysis of requests for change
C. Implementation of a fallback plan
D. Preparation of the Risk Management Strategy
View answer
Correct Answer: C

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