PRINCE2 PRINCE2 Certifications PRINCE2-FOUNDATION Questions & Answers

• Question 1001:

  Which of the following describes risk proximity?

  A. The timeframe over which the risk mitigation actions should be implemented

  B. The schedule for the risk management activities related to a plan

  C. The timeframe over which a risk will be monitored by the risk owner

  D. The timeframe for when the risk might materialize

  Correct Answer: D

• Question 1002:

  Which is a recommended response type to respond to either a threat or an opportunity?

  A. Fallback

  B. Reject

  C. Share

  D. Reduce

  Correct Answer: C

• Question 1003:

  Which of the following are uses of the Risk Register during the Controlling a Stage process?

  1.

  Obtain details on risks to include in a Highlight Report

  2.

  Obtain details of risks that may affect the Stage Plan for the next stage

  3.

  Capture uncertainties identified when authorizing a Work Package

  4.

  Obtain details of any potential impacts that may affect the Business Case while reviewing the stage status

  A. 1, 2, 3

  B. 1, 2, 4

  C. 1, 3, 4

  D. 2, 3, 4

  Correct Answer: C

• Question 1004:

  What's the purpose of the 'Plan' step within the risk management procedure?

  A. Create a Risk Management Strategy for inclusion in the Project Initiation Documentation

  B. Establish the Project Board's specific risk management responsibilities and assign them as owners of specific risks

  C. To plan the Communications Management Strategy in order to identify and capture any external stakeholder risk information requirements

  D. To identify suitable management responses to be implemented to manage a risk, should the risk occur

  Correct Answer: D

• Question 1005:

  Which of the following would contain the business option of doing nothing, regarding the project's investment?

  A. Project approach

  B. Business Case

  C. Risk Management Strategy

  D. Benefits Review Plan

  Correct Answer: B

• Question 1006:

  In PRINCE2, the information regarding the business justification for the project is normally documented in which management product?

  A. Business Case

  B. Benefits Review Plan

  C. Project Product Description

  D. Communication Management Strategy

  Correct Answer: A

• Question 1007:

  The Business Case describes the reasons for the project based on estimated costs, the risks and which one of the following?

  A. Project approach

  B. Acceptance criteria

  C. Products to be produced

  D. Expected benefits

  Correct Answer: D

• Question 1008:

  The outputs from a PRINCE2 project are considered to be what?

  A. The business benefits

  B. Any of its tangible or intangible specialist products

  C. Its Resources

  D. The results of change

  Correct Answer: B

• Question 1009:

  According to PRINCE2, a benefit is which of the following?

  A. An improved business operation

  B. The measurable improvement resulting from an outcome which is perceived as an advantage by one or more stakeholders

  C. The tangible or intangible product resulting from a planned activity

  D. The result of change, normally affecting real-world behaviour and/or circumstances

  Correct Answer: B

• Question 1010:

  Which of the following products would be at the centre of any impact assessments of risks, issues and changes?

  A. Highlight Report

  B. Business Case

  C. Lessons Log

  D. Risk Management Strategy

  Correct Answer: B