p2-60questions

Which statement about management stages is CORRECT?

Delivery steps and management stages should end together

There can be more than one delivery step within a management stage

A project can be scheduled without management stages

Several management stages can be scheduled to run at the same time

Which theme is applied to ensure that a project is desirable, viable and achievable?

Business Case

Risk

Organization

Progress

What should be funded from a change budget?

Actions to reduce a threat

Requests for change

A fallback plan

The Change Authority

Which statements about a project's stakeholders are CORRECT? 1. A stakeholder is anyone who thinks they will be affected by a project 2. Stakeholders require equal amounts of engagement by the project management team 3. Stakeholders remain unchanged throughout the project 4. A stakeholder may be internal or external to the corporate organization

2 and 3

1 and 4

1 and 2

3 and 4

Identify the missing words in the following sentence. PRINCE2 requires that the business justification is formally verified by [ ? ] at stage boundaries.

project support

the change authority

the project board

corporate, programme management or customer

Which is a purpose of the quality theme?

To enable the assessment of continuing project viability

To define the procedures for the control and modification of project products

To define how the project will ensure that its products are fit for purpose

To establish mechanisms to judge whether the project remains desirable and achievable

Which is part of the PRINCE2 definition of a project?

A temporary organization that is created for the purpose of delivering business products

The mechanism used to monitor and compare actual achievements against those planned

A sequence of activities to manage product creation

Defined and agreed roles and responsibilities within an organization structure that engages stakeholder interests

Who sets the project tolerances?

Corporate/programme management

Project Manager

Project Board

Executive

Which statement about the project support role is CORRECT?

It can be combined with the project assurance role

It produces checkpoint reports for the project manager

It can be performed by the project manager

It is an optional role for a PRINCE2 project

According to the 'manage by exception' principle, what should be defined to establish limits of delegated authority?

Costs of the project

Timescales for the project

Tolerances for the project

Scope of the project

Which product provides an explanation of any deviations from the approved plans that are still within tolerance?

End Stage Report

Benefits Review Plan

Lessons Report

Project Initiation Documentation

Which is a purpose of the Starting up a Project process?

To confirm to corporate management that quality expectations will be met

To create the Project Initiation Documentation so the project can be initiated

To ensure that the prerequisites for initiating the project are in place

To establish whether the Project Plan can meet the required target dates

Identify the missing words in the following sentence. The six aspects of project performance to be managed are [ ? ], costs, timescales and scope.

benefits, change, quality

change, quality, risk

benefits, change, risk

benefits, quality, risk

Which statement about controls is CORRECT?

A daily log is an event-driven control

An exception report is a time-driven control

A checkpoint report is a time-driven control

A highlight report is an event-driven control

Which statement correctly describes project assurance and quality assurance?

They are both independent of the project management team

They are both the responsibility of the project board, but project assurance may be delegated

Project assurance provides assurance to the project's stakeholders whereas quality assurance provides assurance to the wider corporate, programme or customer organization

Project assurance and quality assurance are both the responsibility of corporate, programme management or the customer

Which principle is being applied when a project product description is produced?

Continued business justification

Manage by stages

Learn from experience

Focus on products

Which document is used to identify interested parties that need to be informed of project closure?

Change control approach

Communication management approach

End project report

Project brief

Which aspect of project performance must be managed to avoid misunderstandings on what the project is to deliver?

Scope

Risk

Costs

Timescale

Which is a purpose of the change theme?

To identify changes needed to the project as a result of acting on lessons

To assess and control a project's threats and opportunities

To ensure any potential changes to baselined products are controlled

To prevent changes to what was agreed in the project initiation documentation

Which is a purpose of the Closing a Project process?

To provide the Project Board with sufficient information to confirm continued business justification for the project

To provide a fixed point at which acceptance of the project product is confirmed

To define the handover procedures for the project's products

To inform the Project Board that the final stage is about to start

What takes place during the 'closing a project' process?

Ownership of the project's products is transferred to the customer

The project closure notification is reviewed and approved

The post-project benefits reviews are performed

An end stage report is prepared for the final stage

Which product establishes the baseline against which the project's actual performance is compared?

Configuration Item Record

Project Brief

Project Initiation Documentation

Product Status Account

Which statement describes an opportunity for a project?

An uncertain event that could have a negative impact on objectives

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

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

An uncertain event that could have a favourable impact on objectives

Which is a purpose of the business case theme?

To assess and control uncertain events or situations

To establish methods to judge whether the ongoing project is justified

To establish mechanisms for managing issues that may impact the baseline

To describe how products will be delivered that are fit for purpose

In which situation might the Controlling a Stage process be used?

To organize support activities following the handover of products to operations

To manage the activities of a complex programme

To create an Exception Plan to replace the current Stage Plan

To manage a long initiation stage of a complex project

Which is a purpose of the plans theme?

To identify, assess and control uncertainty within the project

To establish a coding system for all components of the project's products

To produce a benefits management approach

To define the means of delivering the products

When should the team manager produce a checkpoint report?

On completion of the quality-checking activities for each product

When a work package is being negotiated

At the frequency agreed in the work package

When reviewing how a stage is progressing

Which is a minimum requirement for applying the organization theme?

To ensure that the change authority is delegated

To ensure the senior user verifies user requirements

To ensure that the supplier resources are available

To ensure that all the responsibilities of the project board are fulfilled

Which is a type of issue?

Exception Report

Identified threat

Follow-on action recommendation

Problem/concern

Which is an objective of the 'starting up a project' process?

To confirm that there are no known restrictions that would prevent the project from being delivered

To obtain approval for the project plan from corporate, programme management or customer

To prepare the project initiation documentation for authorization to initiate the project

To ensure that all team managers understand their responsibilities

What is the first step in the recommended risk management procedure?

Assess

Plan

Implement

Identify

Which is a minimum requirement for applying the business case theme?

To document the responsibility for defining the standards for the business case

To appoint a senior user from an area of the business impacted by the project

To delegate the development of the business justification to the project manager

To have the benefits management approach approved by the participants of benefits reviews

Which project management team role can authorize the premature closure of a project?

Project Assurance

Project Board

Project Manager

Project Support

Which statement is true of Project Assurance but NOT of quality assurance?

It is appointed as part of the project management team

It is responsible for monitoring the conduct of the project

It is responsible for reviewing the project for compliance with corporate standards

It is independent of the Project Manager

Which statements apply to a stage plan? 1. It is produced for the project during the 'initiating a project' process 2. It is produced close to the time when the planned events will take place 3. It provides the basis for day-to-day control by the project manager 4. It provides the basis for control by the project board

1 and 4

1 and 2

2 and 3

3 and 4

In which product are the time and cost tolerances defined for work that is managed by a Team Manager?

Team Plan

Stage Plan

Product Description

Work Package

What is used to identify any interested party who needs to be informed of project closure?

Configuration Management Strategy

Communication Management Strategy

Project management team structure

Project Brief

Which is a purpose of the risk management approach?

To define the techniques to be used when assessing project risks

To summarize exposure to strategic, programme, project and operational risks

To identify suitable risk owners for each of the project risks

To recommend responses for each of the project risks

Which is a purpose of an End Stage Report?

To provide a summary of stage status to the Project Board at defined intervals

To summarize the quality management activities that are planned during the stage

To summarize performance so that the Project Board can decide what to do next

To inform the Project Board when a Stage Plan is forecast to exceed tolerance levels

Which is a feature of PRINCE2?

It includes many motivational techniques

It is designed to manage both projects and programmes

It promotes continual learning in organizations

It is a method specifically designed for technical projects

What is a risk cause?

A positive consequence of an exploited opportunity

A known situation which creates uncertainty

An area of uncertainty that could create a problem

A negative consequence of a threat occurring

In which process are Team Plans produced?

Managing a Stage Boundary

Initiating a Project

Controlling a Stage

Managing Product Delivery

What is established within the Initiating a Project process?

The different ways that the project product can be delivered

That all of the information to develop the Project Brief is available

That any constraints which could affect the project have been removed

The formats for communicating project information to stakeholders

Which regular report provides the project board with a summary of stage status?

Checkpoint report

Highlight report

Lessons report

Product status account

How is the Project Initiation Documentation used during the Closing a Project process?

It is updated to include relevant lessons from previous projects

It provides the Project Product Description for approval by the Project Board

It provides the controls for the final stage of the project

It is used as the basis for comparing the original aim of the project against what was actually achieved

How many tasks does the product-based planning technique describe?

Three

Two

One

Four

Which statement applies to Stage Plans?

They assist the Project Manager in day-to-day management and control of the project

They provide a baseline against which the Project Board monitors overall progress

They are produced at the same time as the Project Initiation Documentation

They always have the same duration as the Project Plan

Which product provides the version number of all products in a particular stage?

Product description

Issue register

Product status account

Configuration item record

Which process is used by a team manager to coordinate work on one or more of the project's products?

Managing a stage boundary

Initiating a project

Controlling a stage

Managing product delivery

Which describes the 'implement' step within the recommended risk management procedure?

The project manager formulates the risk management approach

The risk owner decides the best response to control the risk

The risk owner and the risk actionee carry out activities to control and deal with the risk

Project support allocates the risk budget to fund the selected risk responses

Identify the missing word in the following sentence A purpose of the [ ? ] theme is to control any unacceptable deviations from the project's objectives.

Progress

Plans

Risk

Change

Which process enables the Project Board to be accountable for a project's success by enabling it to exercise overall control?

Initiating a Project

Directing a Project

Managing a Stage Boundary

Controlling a Stage

Which is a purpose of the Communication Management Strategy?

To define the structure of responsibilities in support of effective decision-making in a project

To define the method of communication between the project and its stakeholders

To identify the communications required from the Team Manager(s) to the Project Board

To identify how and by whom the project’s products will be controlled and protected

How many management stages should a PRINCE2 project consist of?

Start up stage, initiation stage and at least one other management stage to cover the remainder of the project

Start up stage, initiation stage and a closing stage

Initiation stage and at least one other management stage to cover the remainder of the project

At least one management stage to cover the project and a closing stage

What must be recorded in the project initiation documentation to meet the minimum requirements for applying the progress theme?

The tailoring required for progress reports

The overall approach to managing by exception

The tolerance areas that will not be controlled

The levels of management control that will be used

After the first stage, when are the Stage Plans for further stages produced?

When creating the Project Plan

Near the end of the current stage

At the start of the initiation stage

After completion of the current stage

What should a risk budget be used to fund?

Responses to remaining open risks after the project has been closed

Specific management responses to a project's threats and opportunities

Producing risk summaries for inclusion in Highlight Reports

Capturing identified threats and opportunities in the Risk Register

Which is a responsibility of the team manager role?

To accept authorized work packages from the project manager

To review the tailoring approach and its implications for project controls

To review the highlight report for the previous reporting period

To examine and escalate issues, taking necessary corrective actions

Which statement describes a threat to a project?

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

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

An uncertain event that could have a favourable impact on objectives

An uncertain event that could have a negative impact on objectives

Which is a benefit of applying the 'manage by stages' principle?

The project will have review and decision points so that progress can be assessed

The project management team will understand the customer's expectations

The project management team will understand the tolerances allowed

The key stakeholders in the project will have representation on the project board

60 Questions