Which product is used to inform the Project Board of a forecast deviation of stage-level tolerance?
A. Exception Plan
B. Exception Report
C. Off-specification
D. Highlight Report
To which role should a forecast breach of benefits tolerance be escalated?
A. Project Manager
B. Executive
C. Senior User
D. Corporate or programme management
What is a purpose of the Risk Management Strategy?
A. Describes in detail each risk identified in the project and how each risk should be managed
B. Describes how each risk owner and risk actionee will manage and fund the actions to mitigate each risk
C. Describes the risk response actions taken to mitigate the project's risks
D. Describes the techniques and standards to be applied and the responsibilities for achieving effective risk management procedures
What is the name given to the individual assigned to carry out the response action or actions to respond to a particular risk?
A. Risk Manager
B. Risk Administrator
C. Risk Actionee
D. Risk Owner
Which of the following is NOT a step within the risk management procedure?
A. Assess
B. Communicate
C. Plan
D. Propose
Which product should define how the budget for responding to potential threats and opportunities will be used?
A. Risk Management Strategy
B. Risk Register
C. Issue Register
D. Project Plan
Which of the following steps is used to consider the probability, impact and proximity of an opportunity?
A. Decide
B. Assess
C. Identify
D. Examine
Which of the following steps looks at the aggregated net effect of a project's threats and opportunities?
A. Plan
B. Assess
C. Examine
D. Assess
Which of the following steps would involve sending information regarding any threats or opportunities to an external interested party?
A. Identify
B. Communicate
C. Implement
D. Plan
Which of the following steps involves preparing specific management responses for identified threats?
A. Identify
B. Assess
C. Implement
D. Plan
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only PRINCE2 exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your PRINCE2-FOUNDATION exam preparations and PRINCE2 certification application, do not hesitate to visit our Vcedump.com to find your solutions here.