p2-15questions

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

Product Description

Stage Plan

Work Package

Team Plan

PRINCE2 mandates that the project board represents the primary stakeholder interests. Which principle does this follow?

Learn from experience

Focus on products

Manage by stages

Defined roles and responsibilities

In which situation might the 'controlling a stage' process be used?

To organize support activities following the handover of products to operations

To create an exception plan to replace the current stage plan

To manage a long initiation stage of a complex project

To manage the activities of a complex programme

Which is a purpose of a risk budget?

To fund the costs of identifying risks to the project

To fund risk management activities defined in the risk management procedure

To fund the costs of implementing risk responses

To fund the cost of analyzing requests for change

Which theme establishes mechanisms to monitor and compare actual achievements against planned achievements?

Progress

Quality

Change

Plans

What helps the Project Board to assess project viability at certain points, as defined in the Project Plan?

Authorizing one stage at a time

Authorizing project closure

Creating Exception Reports when tolerances are threatened

Receiving regular Checkpoint Reports

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

The levels of management control that will be used

The overall approach to managing by exception

The tailoring required for progress reports

The tolerance areas that will not be controlled

What must be produced, as a minimum requirement for applying the plans theme?

A hierarchy of all the products to be produced during a plan

A diagram showing the sequence of production of the planned products

A record of the issues that are being formally managed during a plan

A record of the major risks relating to the project plan

Which is a purpose of the Risk theme?

To enable proactive identification, assessing and controlling of uncertainty

To provide a way to record any complaints from stakeholders

To prepare the organization's risk management policy

To identify, assess and control any approved changes to the baseline

Which is a purpose of the change theme?

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

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

To ensure any potential changes to baselined products are controlled

To assess and control a project's threats and opportunities

Which statement applies to Stage Plans?

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

They always have the same duration as the Project Plan

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

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

Which is an objective of the Managing a Stage Boundary process?

To enable the Project Board to commit resources and expenditure required for the initiation stage

To ensure a periodic review is carried out to approve the products created within the completed stage

To review and, if necessary, update the Project Initiation Documentation

To act as a break between those managing the project and those creating products

Which statement about the project support role is CORRECT?

It can be combined with the project assurance role

It is an optional role for a PRINCE2 project

It produces checkpoint reports for the project manager

It can be performed by the project manager

What does applying the 'manage by stages' principle ensure?

That the project management team understands what they are accountable for

That the project is only started and continued if it is desirable, viable and achievable

That the project is properly initiated before work begins on delivery of the project's outputs

That the customer's quality expectations and acceptance criteria are captured and agreed

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

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

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

15 Questions