Online Access Free PRINCE2-Foundation Exam Questions

No.# C is correct:

No.# Correct answer is A, the Project board which gives formal authority to the prj manager and set the tolerances

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No.# Correct answer is A:
The objective of the initiating a project process is to ensure that there is a common understanding of:

•the reasons for doing the project, the benefits expected and the associated risks

•the scope of what is to be done and the products to be delivered

•how and when the project product will be delivered and at what cost

•who is to be involved in the project decision-making

•how the quality required will be achieved

•how baselines will be established and controlled

•how risks, issues and changes will be identified, assessed and controlled

•how progress will be monitored and controlled

•who needs information, in what format and at what time

•how the corporate, programme management or customer method will be tailored to suit the project.

No.# Correct answer is C:
To be following PRINCE2, a project must, as a minimum:

•create and maintain a business justification for the project; usually a business case (PRINCE2’s continued business justification principle)

•review and update the business justification in response to decisions and events that might impact desirability, viability or achievability of the project (PRINCE2’s continued business justification principle)

•define the management actions that will be put in place to ensure that the project’s outcomes are achieved and confirm that the project’s benefits are realized (PRINCE2’s continued business justification principle)

•define and document the roles and responsibilities for the business case and benefits management (PRINCE2’s defined roles and responsibilities principle).

No.# Correct answer should be D:
To be following PRINCE2, a project must, as a minimum:
•define its change control approach. This approach must minimally cover:
•how issues are identified and managed
•assessing whether identified issues might have a material impact on the business justification of the project (PRINCE2’s continued business justification principle)
•the roles and responsibilities for change control (PRINCE2’s defined roles and responsibilities principle), including a defined change authority

No.# Correct answer is B: PID:
The project manager is responsible for identifying and documenting the level of tailoring for the project. Tailoring affects how a project is managed and so it is documented as part of the PID, which is reviewed by the appropriate stakeholders and approved by the project board.