2023 Updated PRINCE2 PRINCE2-Foundation Certification Study Guide Pass PRINCE2-Foundation Fast
PRINCE2-Foundation Dumps PDF 2023 Program Your Preparation EXAM SUCCESS
PRINCE2 Foundation exam is designed for professionals who are new to project management or want to enhance their knowledge and skills in this field. PRINCE2-Foundation exam covers key principles, themes, and processes of the PRINCE2 methodology, including project initiation, planning, execution, monitoring, and closing. It also includes topics such as risk management, business case development, change management, and quality management.
NEW QUESTION # 97
What information about benefits management must be documented to meet the minimum requirements for applying the business case theme?
- A. The management actions needed to ensure benefits are realized
- B. The senior user's responsibilities for realizing benefits
- C. No specific documents related to benefits are necessary
- D. Statements of actual versus forecast benefits at reviews
Answer: B
Explanation:
Section: Volume B
NEW QUESTION # 98
Which is a factor when deciding the duration of a management stage?
- A. The cost of the stage
- B. The work packages to be delivered
- C. The number of products to be produced in the project
- D. The level of risk in the project
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: https://www.prince2primer.com/the-design-of-prince2-management-stages/
NEW QUESTION # 99
Which statements about quality assurance and project assurance are CORRECT?
1. They are both independent of the project manager
2. They are both the responsibility of the project board
3. They are both independent from the project management team
4. They both assure that applicable standards are being used
- A. 1 and 4
- B. 2 and 3
- C. 1 and 2
- D. 3 and 4
Answer: D
NEW QUESTION # 100
What is defined as a temporary organization that is created for the purpose of delivering one or more business products?
- A. Corporate or programme management
- B. A product breakdown structure
- C. A project
- D. A user group
Answer: C
NEW QUESTION # 101
Which process is used to define how baselines will be established and controlled?
- A. Controlling a stage
- B. Starting up a project
- C. Directing a project
- D. Initiating a project
Answer: B
Explanation:
Explanation/Reference:
Reference http://prince2.wiki/Quality
NEW QUESTION # 102
Identify the missing words in the following sentence.
A benefit of adopting PRINCE2 is that it can be applied to [ ? ] - and can easily be implemented alongside specialist techniques.
- A. any type of project
- B. programmes and projects
- C. business as usual
- D. all types of programmes
Answer: A
NEW QUESTION # 103
Which is a purpose of a Lessons Log?
- A. Raise improvements with Project Assurance
- B. Record that corrective action is being taken
- C. Escalate lessons to the Project Board
- D. Note any lessons that are raised in Checkpoint Reports
Answer: D
NEW QUESTION # 104
What is described as an organization's unique attitude towards risk taking?
- A. Risk appetite
- B. Risk evaluation
- C. Risk management
- D. Risk tolerance
Answer: A
NEW QUESTION # 105
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
Answer: B
Explanation:
Section: Volume B
NEW QUESTION # 106
Which process monitors work that has been assigned to a team manager?
- A. Controlling a stage
- B. Managing a stage boundary
- C. Directing a project
- D. Managing product delivery
Answer: D
Explanation:
Explanation/Reference:
Reference https://www.whatisprince2.net/prince2-process-managing-product-delivery.php
NEW QUESTION # 107
Which are characteristics of stakeholders?
1. They are often affected by the project
2. They agree with every project objective
3. They are only/always external to the corporate organization
4. They typically interact with the project
- A. 1 and 4
- B. 2 and 3
- C. 1 and 2
- D. 3 and 4
Answer: A
Explanation:
Reference https://www.prince2.com/blog/how-to-identify-stakeholders/
NEW QUESTION # 108
Which process provides information for the project board to review an updated project plan?
- A. Directing a project
- B. Controlling a stage
- C. Managing a stage boundary
- D. Initiating a project
Answer: A
NEW QUESTION # 109
Which is a responsibility of a risk owner?
- A. Own and authorize the use of the risk budget to fund risk responses
- B. Determine project risk appetite
- C. Identify risks to the project that might occur in their department
- D. Manage, monitor and control all aspects of an assigned risk
Answer: D
NEW QUESTION # 110
Which is a minimum requirement for applying the change theme?
- A. To establish a change budget to fund changes in scope
- B. To record every issue that is raised in the issue register
- C. To appoint the project manager as part of the change authority
- D. To define the project's approach to baselining products
Answer: B
Explanation:
Explanation
Reference http://prince2.wiki/Themes#Change_Theme
NEW QUESTION # 111
Which is a purpose of a Risk Register?
- A. Capture risks that may occur during the project
- B. Record the risk tolerance for the project
- C. Capture issues which are impacting on the delivery of the project objectives
- D. Record how risk management activities will be undertaken on the project
Answer: A
NEW QUESTION # 112
Which theme verifies that a project's products are fit for purpose?
- A. Quality
- B. Organization
- C. Progress
- D. Business case
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Quality
NEW QUESTION # 113
Which is a purpose of a Lessons Log?
- A. Raise improvements with Project Assurance
- B. Record that corrective action is being taken
- C. Escalate lessons to the Project Board
- D. Note any lessons that are raised in Checkpoint Reports
Answer: D
NEW QUESTION # 114
During the Managing a Stage Boundary process what product is updated with estimated costs and time for the stage that is about to begin?
- A. End Stage Report
- B. Team Plan
- C. Work Package
- D. Project Plan
Answer: D
NEW QUESTION # 115
What should be considered when defining the number of management stages in a project?
- A. When highlight reports will be submitted
- B. When the team managers are available
- C. When project support will be available
- D. When key decisions need to be made
Answer: D
Explanation:
Reference https://www.prince2primer.com/prince2-management-and-technical-stages/
NEW QUESTION # 116
Which is a purpose of the Risk Register?
- A. Act as a central record of information relating to the identified risks for the project
- B. Describe the risk management techniques and standards to be applied to the project
- C. List the responsibilities for achieving an effective risk management procedure
- D. Act as a repository forinformal issues
Answer: A
NEW QUESTION # 117
Which is a purpose of the 'initiating a project' process?
- A. To enable the project board to decide whether it is worthwhile to initiate a project
- B. To enable an organization to understand the work needed to deliver the project's products
- C. To produce a stage plan for each stage of a multi-stage project
- D. To provide a fixed point at which acceptance for the project product is confirmed
Answer: A
Explanation:
Explanation
Reference
http://prince2.wiki/Initiating_a_Project#Objective
NEW QUESTION # 118
What theme provides all management levels within the project management team with mechanisms for monitoring and control?
- A. Change
- B. Progress
- C. Quality
- D. Organization
Answer: B
NEW QUESTION # 119
Which is part of the PRINCE2 definition of a project?
- A. A temporary organization that is created for the purpose of delivering business products
- B. The total of a plan's products
- C. A description of what must be delivered in order to gain acceptance
- D. An undertaking that consists of at least two management stages
Answer: A
NEW QUESTION # 120
Which is a purpose of a Lessons Report?
- A. Detail open issues and risks that need to be managed after the project has closed
- B. Provide a summary of the benefits realized during the project
- C. Compare the actual performance of the final stage against its plan
- D. Improve the project management method for future projects
Answer: D
NEW QUESTION # 121
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PRINCE2 Foundation Exam consists of 60 multiple-choice questions, which must be completed within 60 minutes. PRINCE2-Foundation exam is closed-book, meaning that candidates are not allowed to bring any study materials or notes into the exam room. In order to pass the exam, candidates must score at least 55% (33 out of 60) on the exam.
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