PRINCE2 PRINCE2 Certifications PRINCE2-FOUNDATION Questions & Answers

• Question 491:

  Which task is performed by the Change Authority?

  A. Set a change budget

  B. Approve or reject a request for change within approved limits

  C. Refer changes that exceed budgetary limits to the Project Manager for approval

  D. Update the configuration management system whena change is approved

  Correct Answer: B

• Question 492:

  When considering risks, which describes an opportunity in a project?

  A. An uncertain event that couldhave a negative impact on objectives

  B. An uncertain event that could have a favourable impact on objectives

  C. An event that has occurred resulting in a negative impact on objectives

  D. An event that has occurred resulting in a favourable impact on objectives

  Correct Answer: B

• Question 493:

  Which is a purpose of the Risk theme?

  A. Establish a procedure to ensure every change is agreed by the relevant authority before it takes place

  B. Establish a cost-effective procedure to identify, assess and control uncertainty

  C. Establish mechanisms to control any unacceptable deviations from plan

  D. Establish mechanisms to manage risks at the corporate or programme level of an organization

  Correct Answer: B

• Question 494:

  Which should be funded by a change budget?

  A. Increase in agreed scope

  B. Initiation stage

  C. Change Authority

  D. Handover activities

  Correct Answer: A

• Question 495:

  Which of the following describes a use of a Configuration Item Record?

  A. Define the identification scheme to be applied to the project

  B. Identify the techniques and procedures required within the Work Package

  C. Record the change in a product's status

  D. Record the reporting requirements for theWork Package

  Correct Answer: C

• Question 496:

  What process is used by the Project Manager to maintain focus on delivery of a stage's products within agreed tolerances?

  A. Directing a Project

  B. Controlling a Stage

  C. Managing a Stage Boundary

  D. Managing Product Delivery

  Correct Answer: B

• Question 497:

  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

  Correct Answer: A

• Question 498:

  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

  Correct Answer: D

• Question 499:

  Which statement about the Directing a Project process is FALSE?

  A. Supports the PRINCE2 principle of manage by exception

  B. Is triggered by a request to initiate a project

  C. Covers the day-to-day activities of the Project Manager

  D. Provides a mechanism for the Project Board to assure that there is continued business justification

  Correct Answer: C

• Question 500:

  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

  Correct Answer: C