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
Which PRINCE2 principle helps to address a concern that the project team may NOT have worked on a similar project?
A. Defined roles and responsibilities
B. Learn from experience
C. Manage by exception
D. Focus on products
Identify the missing word(s) in the following sentence.
During a quality review meeting [ ? ] any identified defects.
A. a solution should be designed for
B. an issue should be created for
C. the agreed actions should be recorded for
D. the chair will approve the solution to
Which is a purpose of an Exception Plan?
A. Show the reason for the tolerance deviation from a Stage Plan or Project Plan
B. Reduce the number of exception assessments, by agreeing a budget to cover the costs of any requests for change
C. Identify the actions required to recover from the effect ofa tolerance deviation
D. Define the changes which are within the scope of the change budget
Which is NOT confirmed during the Initiating a Project process?
A. How the management and specialist products of the project should be baselined
B. How the method will be tailored for the size and complexity ofthe project
C. Whether the expected benefits have been achieved
D. Who will make decisions on any changes during the project
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
How is a Benefits Review Plan used in the Closing a Project process?
A. Checked for inclusion of activities to confirm those benefits which cannot be measured until after project closure
B. To capture the baseline measures against which to assess benefits
C. To capture side-effects (beneficial or adverse) identified during post-project benefits reviews
D. To gain approval for the post-project activities and transferresponsibility to corporate or programme management
If Work Package tolerance is forecast to be exceeded, to whom should the Team Manager report?
A. Corporate management
B. Project Board
C. Project Assurance
D. Project Manager
Which role is part of the project management team?
A. Change Authority
B. Quality assurance
C. Stakeholder
D. Corporate or programme management
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
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