PRINCE2-Foundation PRINCE2 7 Foundation Practice Questions
Prepare for PRINCE2-Foundation with more than an answer.
- Exam fee
- $680 USD
- Level
- Foundation
- Valid for
- 3 years
Domains covered on the exam 5
- Key concepts relating to projects and PRINCE23%
- PRINCE2 principles8%
- Importance of people in successful projects14%
- PRINCE2 practices and how they are applied60%
- PRINCE2 processes and how they are carried out15%
- 1
Which step in the issue and change control procedure considers alternative options for responding
to an issue that is being managed formally?Show answer details
Correct answer: C
C
- 2
A product can NOT be supplied to meet all of the requirements in its baselined Product Description. What first action should be taken?
Show answer details
Correct answer: B
B
- 3
Which of the following statements about the Closing a Project process are true?
- The Closing a Project process provides a fixed point for the receipt of completed Work
Packages for the work performed in the final stage. - The Closing a Project process provides a fixed point to review if the objectives set out in the
original Project Initiation Documentation have been achieved.
Show answer details
Correct answer: B
B
- The Closing a Project process provides a fixed point for the receipt of completed Work
- 4
What takes place during the Closing a Project process?
Show answer details
Correct answer: B
B
- 5
The project board has set a project-level cost tolerance of +10%/-5%. The project is divided into three stages, and the Project Manager has been given a cost tolerance of +5%/-5% for the current stage. A work package within this stage has a cost tolerance of +$2,000/-$0. This hierarchy of delegated authority is a direct application of which principle?
graph TD A[Project Board: Project Tolerance +10%/-5%] --> B{Project Manager: Stage Tolerance +5%/-5%}; B --> C[Team Manager: Work Package Tolerance +$2k/-$0];Show answer details
Correct answer: B
The 'manage by exception' principle works by setting tolerances for each project objective at different levels of the project (project, stage, work package). Authority is delegated to the next level down, which can manage within these tolerances without escalating. Escalation is only required when a tolerance is forecast to be exceeded. The diagram clearly shows this delegation of tolerance.
- 6
Which product records any project outcomes perceived as negative by stakeholders?
Show answer details
Correct answer: A
A
- 7
What is the definition of a project outcome?
Show answer details
Correct answer: C
C
- 8
Which is NOT a purpose of a Benefits Review Plan?
Show answer details
Correct answer: A
A
- 9
Which product documents the information needed to demonstrate continued business justification?
Show answer details
Correct answer: A
A
- 10
Which is NOT a purpose of a Benefits Review Plan?
Show answer details
Correct answer: A
A
