Pass PRINCE2 7 Foundation Exam with Online Dumps

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PRINCE2 7 Foundation exam is easy to pass now. There are 60 multiple-choice questions in the real PRINCE2 7 Foundation exam, and you have 60 minutes to answer all the questions. The required passing score for PRINCE2 7 Foundation exam is 60% (36 marks out of 60). Our new cracked PRINCE2 7 Foundation exam addresses changes in the project management sector and adapts to evolving working practices and technologies. Free PRINCE2 7 Foundation exam online dumps are available below.

Page 1 of 16

1. Which product records any project outcomes perceived as negative by stakeholders?

Business Case

Project Plan

Communication Management Strategy

Project Product Description

2. What is the definition of a project outcome?

A measurable improvement that is perceived as an advantage by one or more stakeholders

The reason for the project

The result of the change derived from using the project's outputs

The project's specialist products.

3. Which is NOT a purpose of a Benefits Review Plan?

Define the period over which the cost-benefit analysis will be based

Describe how to measure the performance of the project's products in operational use

Define the scope, timing and ownership of the benefit reviews required

Describe how to measure and confirm any benefits that are to be realised after the project is closed

4. Which product documents the information needed to demonstrate continued business justification?

Business Case

Communication Management Strategy

Project Product Description

Quality Management Strategy

5. Which is NOT a purpose of a Benefits Review Plan?

Define the period over which the cost-benefit analysis will be based

Describe how to measure the performance of the project's products in operational use

Define the scope, timing and ownership of the benefit reviews required

Describe how to measure and confirm any benefits that are to be realised after the project is closed

6. What is an off-specification?

A new requirement

A quality tolerance

A type of issue

A major risk

7. Which is a type of issue?

A lesson

A request for change

An Exception Report

A risk with an estimated high impact

8. Which is a typical core activity within configuration management?

Quality assurance

Risk management

Verification and audit

Progress reporting

9. Which is a typical core activity within configuration management?

Issue management

Quality inspection

Identification

Preparation

10. What needs to be in place to ensure effective issue and change control?

Configuration management system

Manage by exception

Quality planning

Information needs for stakeholders

Page 2 of 16

11. Which should be funded by a change budget?

Increase in agreed scope

Initiation stage

Change Authority

Handover activities

12. Which should be funded from a change budget?

The Starting up a Project process

A fallback plan

An agreed change to the scope of a project

A change to a plan, within allocated tolerances, due to poor estimating

13. Which is the Issue Register NOT used for?

Capture external events that are impacting a stage

Record information about a deviation in stage tolerance

Capture any threats or opportunities that might have an impact on a stage

Record any problems identified when authorizing a Work Package

14. If the Project Board instructs the Project Manager to implement a request for change, which document would contain details of that change?

Checkpoint Report

Highlight Report

Issue Report

Product Status Account

15. Which is the purpose of the Change theme?

Prevent change to baselined products

Identify, assess and control any potential and approved changes to baselined products

Establish mechanisms to monitor and compare actual achievements against those planned

Assess and control uncertainty

16. Which step in the issue and change control procedure considers alternative options for responding to an issue that is being managed formally?

Capture

Examine

Propose

Decide

17. A product can NOT be supplied to meet all of the requirements in its baselined Product Description.

What first action should be taken?

Raise a request for change

Raise an off-specification

Write an Exception Report

Amend the Work Package

18. 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.

Only 1 is true

Only 2 is true

Both 1 and 2 are true

Neither 1 or 2 are true

19. What takes place during the Closing a Project process?

The post-project benefits reviews are performed

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

An End Stage Report is prepared for the final stage

The project closure notification is reviewed and approved

20. Which is an objective of the Closing a Project process?

Prepare the plan for the next stage

Assess any benefits that have already been realized

Produce a Benefits Review Plan to identify what benefits are expected

Check that all benefits are realized before closing a project

Page 3 of 16

21. Which is a purpose of the Closing a Project process?

Authorize the final stage of the project

Confirm that all benefits defined in the Business Case have been achieved

Recognize whether objectives set out in the original Project Initiation Documentation have been achieved

Delegate day-to-day management of the end of the project to the Project Manager

22. Which should be used to document any uncompleted work that needs to be done to a project product after the project has closed?

Off-specifications

Follow-on action recommendations

Issue Register

Risk Register

23. Which is an objective of the Closing a Project process?

Review and approve the plan for project closure

Review the performance of the project against its baseline

Perform any post-project reviews

Create a Benefits Review Plan

24. Which is a purpose of the Controlling a Stage process?

Produce a Team Plan for the work to be assigned to a Team Manager

Select and implement actions that will resolve deviations from a plan within tolerance

Obtain approvals for products delivered in a Work Package

Update a Project Plan to incorporate the actuals from a Stage Plan

25. What process ensures focus on the delivery of a stage's products and avoids uncontrolled change?

Directing a Project

Managing a Stage Boundary

Controlling a Stage

Starting up a Project

26. Which process is triggered towards the end of the final stage when all the assigned work has been completed?

Managing a Stage Boundary

Managing Product Delivery

Closing a Project

Controlling a Stage

27. Which is a purpose of the Controlling a Stage process?

Assign work to be done and take corrective action to ensure that the stage remains within tolerance

Provide a fixed reference point at which acceptance for the project product is confirmed

Enable the Project Board to be provided with sufficient information to authorize the next stage

Enable the organization to understand the work that needs to be done to deliver the project's products

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

Directing a Project

Controlling a Stage

Managing a Stage Boundary

Managing Product Delivery

29. In which product does a Project Manager define the time and cost tolerances for the work to be done by a Team Manager?

Product Description

Team Plan

Work Package

Stage Plan

30. Which is a purpose of the Directing a Project process?

Create and authorize the project mandate

Ensure that work on products allocated to the team is authorized and agreed

Control the day-to-day running of the project

Delegate day-to-day management of the project to the Project Manager

Page 4 of 16

31. Which is a purpose of the Directing a Project process?

Provide the information required to confirm if it is worthwhile to initiate a project

Enable overall control of a project to be exercised by the Project Board

Establish the level of control required by the Project Board after initiation.

Provide sufficient information so that the current stage can be reviewed and the next Stage Plan approved

32. Which is an objective of the Directing a Project process?

Create and authorize the project mandate

Provide management control and direction

Control the day-to-day running of the project

Provide accurate progress information to the Project Manager

33. In what process is the authorization to deliver the project's products given?

Starting up a Project

Initiating a Project

Managing a Stage Boundary

Directing a Project

34. Who should act as the communication channel between a project and corporate or programme management?

Project Board

Project Assurance

Project Manager

Project Support

35. Which statement about the Directing a Project process is true?

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

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

Ensures there are regular progress meetings

Begins on completion of the Initiating a Project process

36. The Project Initiation Documentation should be updated at the end of each stage to reflect the current status of a project.

Only 1 is true

Only 2 is true

Both 1 and 2 are true

Neither 1 or 2 are true

37. Which is an objective of the Initiating a Project process?

Develop the corporate quality management system as part of the Project Initiation Documentation

Prepare the plans for the subsequent stages

Summarize how the organization's project management method will be tailored for the project

Request authority from corporate management to deliver the project

38. Which is NOT a purpose of the Initiating a Project process?

Enable a Project Board decision about the commitment of resources to a project

Enable an organization to understand the work that needs to be done to deliver a project's products before a project is approved

Establish solid foundations for a project

Enable the Project Board to decide whether it is worthwhile to initiate a project

39. Which plan provides the Business Case with costs during the Initiating a Project process?

Initiation Stage Plan

Project Plan

Stage Plan

Team Plan

40. Which is the base product against which the Project Board can assess progress, issues and ongoing viability questions?

Project Brief

Project Initiation Documentation

Project mandate

Benefits Review Plan

Page 5 of 16

41. Why is the Initiating a Project process used?

To decide which project approach is suitable for the project

To fully understand how the project objectives will be achieved before committing significant resources

To produce the required Work Packages

To enable corporate or programme management to give authorization to deliver a project

42. Which is a purpose of the Initiating a Project process?

Decide if it is worthwhile to initiate a project

Decide on the project approach

Establish solid foundations for a project

Identify the number of Work Packages required

43. Which is a purpose of the Managing Product Delivery process?

Enable the Senior Supplier to be provided with sufficient information by the Project Manager so that they can review the success of the current Work Package

Provide a controlled link between the Project Manager and the Team Manager(s)

Enable the Project Board to request updates to the current Team Plan

Establish solid foundations for the project

44. From whom does a Team Manager obtain approval for a completed product?

Project Manager

Project Support

The authority defined in the Product Description

Senior Supplier

45. Which is an objective of the Managing Product Delivery process?

Sign-off completed Work Packages

Ensure the Business Case is kept under review

Report progress to the Project Board

Ensure that work on products is authorized and agreed with the team

46. What process aims to ensure accurate progress information is provided to the Project Manager?

Starting up a Project

Managing a Stage Boundary

Managing Product Delivery

Directing a Project

47. Which process covers the work done by external suppliers who may NOT be using PRINCE2?

Closing a Project

Managing a Stage Boundary

Managing Product Delivery

Directing a Project

48. Which two roles are linked by the Managing Product Delivery process?

Corporate or programme management and Project Board

Project Board and Project Manager

Project Manager and Team Manager

Team Manager and external supplier

49. What is the collective name for individuals or groups who may be affected by a project?

Customers

Project Support

Stakeholders

Team members

50. Which of the following can be done to control the size of the Project Board on a project that involves multiple users and suppliers?

Create a separate Project Board to manage the supplier elements of the project

Create multiple smaller Project Boards during the process of Starting up a Project, one for each of the project's stages.

Create user and supplier groups

Appoint corporate quality assurance to perform the Project Assurance role for all members of the Project Board

Page 6 of 16

51. When should the Project Board refer to corporate or programme management for a decision?

The stage requires resources

It is forecast that project level tolerance will be exceeded

The Senior Supplier or Senior User needs to be changed

Any request for change needs to be approved

52. Identify the missing words in the following sentence. At the end of a stage, the [ ? ] should be used to check whether there is a requirement to send copies of the End Stage Report to external interested parties.

Stage Plan

Communication Management Strategy

Follow-on action recommendations

Quality Management Strategy

53. Which is NOT a purpose of the Organization theme?

Define a project management team structure

Define the level of tolerance for each level of the project management team

Define the Project Board's responsibility for directing the project

Define which role is accountable for the project's success

54. Which is NOT represented by one of the three primary categories of stakeholder identified in PRINCE2?

Those with a financial interest in the project

Those who will manage the project on a day-to-day basis

Those who will specify the desired outputs of the project

Those who will create the project's outputs

55. Which does the Executive need to ensure is in place before the project is initiated?

All Work Packages are authorized

An understanding of how the project will contribute to corporate objectives

The Project Plan has been approved

The Project Initiation Documentation is complete

56. Which project management team member represents the interest of those who will operate the project's products to realize the benefits after the project is complete?

Executive

Senior User

Senior Supplier

Project Manager

57. What product is used to maintain a record of those who have an interest in the project and their information requirements?

Project Plan

Communication Management Strategy

Project Brief

Project Product Description

58. Identify the missing word in the following sentence. A member of the Project Board is responsible for [ ? ] assurance.

quality

supplier

risk

product

59. How many roles make up the Project Board?

One

Two

Three

Four

60. Stakeholders may be internal or external to the corporate organization.

Only 1 is true

Only 2 is true

Both 1 and 2 are true

Neither 1 or 2 are true

Page 7 of 16

61. Which is one of the six aspects of project performance that needs to be managed?

Progress

Change

Risk

Security

62. Which aspect of project performance must be managed to ensure the project's products are fit for purpose?

Benefits

Quality

Risk

Scope

63. Which is NOT included in the PRINCE2 definition of a project?

A project is a temporary organization

A project's purpose is to deliver one or more business products

A project is part of 'business as usual'

A project is based on an agreed Business Case

64. Identify the missing words in the following sentence. A project is [ ? ] organization that is created for the purpose of delivering business products.

a corporate

a temporary

an external

a technical

65. Identify the missing word in the following sentence. The guiding obligations and good practices which determine whether the project is genuinely being managed using PRINCE2 form the [ ? ] of the method.

Principles

Themes

Processes

Techniques

66. Which is NOT one of the PRINCE2 integrated elements?

Tailoring PRINCE2 to the project environment

The processes

The products

The themes

67. Which is assumed to be a customer's responsibility in the PRINCE2 customer/supplier environment?

Specify the desired result

Provide the resources and skills to deliver the desired result

Ensure the technical integrity of a project

Develop a project's products

68. Which is a benefit of using PRINCE2?

Enables the management of projects as well as of 'business as usual' activities

Can be tailored by leaving out elements of the method for some projects

Can be applied to any type of project

Avoids the need to involve corporate or programme management

69. Which is a benefit of using PRINCE2?

Is a method specifically designed for technical projects

Provides for the efficient and economic use of management time

Includes many of the proven planning techniques, such as critical path analysis

Can be used to manage both projects and programmes

70. Which is assumed to be a supplier's responsibility in the PRINCE2 customer/supplier environment?

Specify the desired result

Provide the resources and skills to deliver the desired result

Pay for the project

Specify the benefits of the project

Page 8 of 16

71. Which does NOT reflect the PRINCE2 principle of continued business justification?

There must be a justifiable reason for starting a project

The business justification drives decision making

If a project is no longer forecast to deliver a financial benefit, it should be stopped.

If a project can no longer be justified, it should be stopped

72. Which characteristic distinguishes a project from regular business operations?

Produces benefits

Introduces business change

Manages stakeholders

Incurs cost

73. Which characteristic of a project reflects that there are different perspectives and motivations for customers and suppliers?

Change

Cross-functional

Unique

Risk

74. Which PRINCE2 principle is supported by the setting of tolerances for the three levels of plan?

Manage by stages

Manage by exception

Continued business justification

Learn from experience

75. Which role is responsible for creating Checkpoint Reports?

Senior Supplier

Team Manager

Change Authority

Project Support

76. Identify the missing words in the following sentence. A Project Manager agrees the [ ? ] with a Team Manager.

project cost tolerance

stage cost tolerance

Work Package cost tolerance

product cost tolerance

77. Which is a true statement about time-driven controls?

Time-driven controls are used for monitoring the progress of Work Packages and management stages

Time-driven controls take place when specific events happen

Time-driven controls are produced at the end of a stage

An Exception Report is a time-driven control

78. If a Team Manager forecasts a deviation beyond Work Package tolerances, this should be referred to the Project Manager.

Only 1 is true

Only 2 is true

Both 1 and 2 are true

Neither 1 or 2 are true

79. What theme provides all management levels within the project management team with mechanisms for monitoring and control?

Progress

Change

Organization

Quality

80. Who should use the information in a Lessons Report to refine, change and improve the standards within a quality management system?

Corporate group

Project Board

Project Assurance

Executive

Page 9 of 16

81. Which is a FALSE statement about technical stages?

Can overlap with other technical stages

Typified by the use a particular set of specialist skills

Include the Managing a Stage Boundary process activities

Can span more than one management stage

82. How should the Team Manager report that tolerances are forecast to be exceeded?

Create an Exception Report

Create a Highlight Report

Raise an issue

Grant a concession

83. Which statement about stages is true?

Management stages should be of the same duration

The use of technical stages is mandatory

The use of management stages is mandatory

Management stages are driven by specialist teams

84. What product defines the reporting requirements between the Project Manager and Team Manager?

Project Brief

Product Description

Team Plan

Work Package

85. Whose approval is needed to replace a Stage Plan with an Exception Plan?

Corporate or programme management

Project Board

Project Manager

Team Manager

86. Which is a difference between management and technical stages?

Management stages require planning and technical stages do not

Technical stages can overlap and management stages cannot

Management stages deliver products and technical stages do not

Technical stages require resources and management stages do not

87. Which is a purpose of a Lessons Log?

Note any lessons that are raised in Checkpoint Reports

Record that corrective action is being taken

Escalate lessons to the Project Board

Raise improvements with Project Assurance

88. Which is a true statement about PRINCE2 event-driven controls?

Event-driven controls take place at predefined periodic intervals

Event-driven controls are produced at the frequency defined in a Work Package

Event-driven controls are used for decision making

Checkpoint Reports are event-driven controls

89. Which is a purpose of an End Project Report?

Identify individuals or groups that need to be told that the project is coming to an end

Review how well the project performed against the Project Initiation Documentation used to authorize it

Identify individuals or groups that are responsible for measuring the expected benefits after the project has closed

Ensure that key project information is archived and made secure

90. 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, at least one other management stage to cover the remainder of the project and a closing 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

Page 10 of 16

91. What product would enable the Project Manager to review how a Work Package is performing against its cost tolerance?

Configuration Item Record

Quality Register

Highlight Report

Checkpoint Report

92. Which level of management uses the mechanisms established by the Progress theme to control any unacceptable deviations?

Only corporate or programme management

Only the Project Board

Only the Project Manager

All levels of management

93. Which is one of the three levels of plan in PRINCE2?

Benefits Review Plan

Programme Plan

Team Plan

Project Brief

94. What theme estimates the cost of delivering the project?

Business Case

Change

Plans

Progress

95. Which is a task of product-based planning?

Identify activities and dependencies

Write the Project Product Description

Prepare the Work Packages

Produce Product Status Accounts

96. Identify the missing word(s) in the following sentence. PRINCE2 recommends three levels of [ ? ] to reflect the needs of the different levels of management involved in a project.

Management strategies

Plan

Stakeholder interests

Time-driven controls

97. Identify the missing words in the following sentence. A purpose of the Plans theme is to [ ? ] the project's plans.

define a coding system to provide a unique identifier for the products within

summarize the results of the quality activities performed on

provide a framework to design, develop and maintain

define the project benefits to be achieved by each of

98. What is the first task of product-based planning?

Produce the Initiation Stage Plan

Write the Project Product Description

Identify dependencies

Create the product breakdown structure

99. Which product identifies the management stages and timescales of a project?

Project Brief

Project Product Description

Project Plan

Initiation Stage Plan

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

One

Two

Three

Four

Page 11 of 16

101. Which is shown in a product breakdown structure?

Management stages, major products and control points

In which order the products should be created

The major products that are to be developed in a plan

What resources are required to develop the products

102. Which statement applies to Stage Plans?

Always have the same duration as the Project Plan

Are produced at the same time as the Project Initiation Documentation

Assist the Project Manager in the day-to-day running and control of the project

Provide a baseline against which the Project Board monitor overall progress

103. Which is a recommended quality review team role?

Project Manager

Assurance

Project Support

Administrator

104. Which is a recommended quality review team role?

Project Manager

Assurance

Chair

Producer

105. Identify the missing word(s) in the following sentence. The Quality theme provides a set of rules and procedures which ensure that the [ ? ] created meet(s) the needs of the business.

controls

products

project management team

stages

106. Which is a purpose of a Project Product Description?

Records the costs and timescales for delivery of the project's final product

Shows the dependencies between the project's products to aid planning

Provides a list of all the products to be delivered by the project

Defines what the project must deliver in order to gain acceptance

107. Which of the following statements about quality assurance and Project Assurance is true?

Project Assurance is the responsibility of the corporate organization; quality assurance is the responsibility of the Project Board

Project Assurance is independent of the Project; quality assurance is only independent of the Project Manager

Project Assurance may be delegated within a project; quality assurance must be undertaken by the Project Board

Project Assurance ensures compliance to standards within the project environment; quality assurance ensures compliance across the organization

108. Who carries out audits that are independent of the project?

Quality assurance

Project Assurance

Project Support

Project Manager

109. Identify the missing word(s) in the following sentence. During a quality review meeting [ ? ] any identified defects.

a solution should be designed for

an issue should be created for

the agreed actions should be recorded for

the chair will approve the solution to

110. Which statement about the quality review technique is FALSE?

It enables a check to be made on a product's fitness for purpose

It defines the quality responsibilities of the project team

It supports the management of future changes by providing a baseline for a product

It is used to gain wider acceptance of a product by involving key interested parties

Page 12 of 16

111. Which is part of quality control?

Undertake quality reviews

Write Product Descriptions

Provide assurance that the project is being conducted properly

Document the customer's quality expectations

112. Which is part of quality control?

Document the project's acceptance criteria in the Project Product Description

Define the quality responsibilities of those involved in the production of the products

Produce quality records to show that the planned quality activities have been carried out

Maintain the corporate organization's quality management system

113. Acceptance criteria are often expressed in broad terms as a means to gain common understanding of general quality requirements.

Only 1 is true

Only 2 is true

Both 1 and 2 are true

Neither 1 or 2 are true

114. Which is a true statement about acceptance criteria?

Acceptance criteria are used to produce the customer's quality expectations

Acceptance criteria are less specific and precise than customer's quality expectations

Once agreed, acceptance criteria CANNOT be changed

Acceptance criteria should be agreed between the customer and the supplier

115. Why is it crucial that the Project Product Description clearly defines acceptance methods?

Enables Project Assurance to authorize quality activities

Defines how all project products will be reviewed and approved

Defines how it will be proven that the completed project product meets the customer's expectations

Provides confirmation that all project products have met their quality criteria

116. Which is a purpose of the Quality theme?

Establish how the project will ensure that all products created meet their requirements

Establish quality assurance to maintain the quality management system

Identify all the products of the project to ensure the scope has been adequately defined

Determine the communication needs of the organization's quality assurance function

117. Which statement defines a risk?

A certain event occurring in the future that will have a negative impact on the project's objectives

An event that has already occurred that the Project Manager must deal with immediately

An uncertain event, or set of events that, should it or they occur, will have an effect on the achievement of objectives

An uncertain event, or set of events that, should it or they occur, will be automatically escalated to the Project Board for a response

118. Which risk response type is appropriate to respond to an opportunity?

Fallback

Exploit

Transfer

119. Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.

Avoid

Reduce

Transfer

120. Which is NOT considered when defining risk tolerance?

A Project Board's attitude towards risk taking

The allocated risk budget

An organization's risk appetite

The amount of risk a Project Board considers acceptable

Page 13 of 16

121. Which is a responsibility of a risk owner?

Identify risks to the project that might occur in their department

Own and authorize the use of the risk budget to fund risk responses

Manage, monitor and control all aspects of an assigned risk

Determine project risk appetite

122. Identify the missing words in the following sentence. The role of [ ? ] is responsible for carrying out a risk response action to respond to a particular risk.

Project Assurance

Project Support

the risk actionee

the risk owner

123. Which is a purpose of the Risk theme?

Establish a method for the implementation of continuous improvement during the project

Identify, assess and control problems that have occurred

Provide the Project Board with a time-driven control to capture all project risks

Establish a cost-effective procedure to identify, assess and control risks

124. Which document should record the agreed amount of risk budget for a project?

Project Brief

Project Plan

Risk Management Strategy

Risk Register

125. Which statement describes the 'Implement' step within the recommended risk management procedure?

Take planned action to respond to a risk

Implement the responsibilities for risks defined in the Risk Management Strategy

Assess the proximity of a risk

Identify the level of risks that can be tolerated by the project

126. Which is a purpose of the Risk theme?

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

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

Establish mechanisms to control any unacceptable deviations from plan

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

127. Identify the missing words in the following sentence. A risk budget is a sum of money included in the [ ? ] and set aside to fund specific management responses to a project's threats and opportunities.

change budget

project budget

project's cost tolerance

project's risk tolerance

128. Which of the following refers to the actions identified to bring a situation to a level where exposure to a risk is acceptable?

Risk category

Risk description

Risk response

Risk status

129. Which describes a risk effect?

The uncertainty expressed as a negative or favourable occurrence

The issue which is affecting the project and has resulted in a risk

The impact(s) on the project objectives should the threat or opportunity occur

The change in the status of a risk in response to actions taken to control it

130. Which describes risk probability?

Level of risks which the project can tolerate before escalating to the Project Board

Probable effect on the project delivering its objectives

Timeframe within which the risk may occur

A measure of the likelihood of the risk occurring

Page 14 of 16

131. Which is a purpose of a Risk Register?

Capture risks that may occur during the project

Record how risk management activities will be undertaken on the project

Record the risk tolerance for the project

Capture issues which are impacting on the delivery of the project objectives

132. Which role is responsible for ensuring the project is justified in terms of cost?

Project manager

Executive

Senior user

Senior supplier

133. What is described as an organization's unique attitude towards risk taking

Risk appetite

Risk management

Risk evaluation

Risk tolerance

134. Which is a purpose of the Risk Register?

Describe the risk management techniques and standards to be applied to the project

Act as a central record of information relating to the identified risks for the project

Act as a repository for informal issues

List the responsibilities for achieving an effective risk management procedure

135. Which process provides the Project Board with sufficient information for it to review the success of a completed stage and confirm continued business justification?

Controlling a Stage

Closing a Project

Directing a Project

Managing a Stage Boundary

136. Which is a purpose of the Managing a Stage Boundary process?

Provide the Project Board with sufficient information for approving the next stage

Approve the next Stage Plan

Review and close any risks and issues identified during the previous stage

Control the link between the Project Manager and the Team Manager(s)

137. During the Managing a Stage Boundary process what product is updated with estimated costs and time for the stage that is about to begin?

End Stage Report

Team Plan

Work Package

Project Plan

138. What plan is created, and submitted for approval, during the Managing a Stage Boundary process?

Team Plan

Stage Plan

Benefits Review Plan

Project Plan

139. Which of the following is the Business Case used for during the Managing a Stage Boundary process?

Enable the Project Board to decide whether or not to authorize the project

Justify the continuing viability of the project

Enable the Project Board to decide whether or not to authorize project closure

Justify the initiation of a project

140. Which activity takes place within the Managing a Stage Boundary process?

Produce Highlight Reports

Take corrective action within the limits of a stage's tolerance

Produce an Exception Plan

Authorize a Stage Plan for the next stage

Page 15 of 16

141. Which process ensures that key roles and responsibilities are allocated before a decision is made to initiate a project?

Managing Product Delivery

Initiating a Project

Managing a Stage Boundary

Starting up a Project

142. Which is a purpose of a Project Brief?

Enable the assembly of the project mandate

Describe the reporting requirements of the various layers of management involved with the project

Describe how changes to products will be controlled

Provide a solid basis for the initiation of the project

143. Which is an objective of the Starting up a Project process?

Identify who will be responsible for creating the Project Plan

Agree how the project will be monitored and controlled after initiation

Authorize the Project Manager to proceed with the initiation stage

Agree how issues and changes will be identified, assessed and controlled

144. Which is created during the Starting up a Project process?

Project mandate

Project management team role descriptions

Communication Management Strategy

Quality Register

145. Which should be provided by corporate or programme management before the Starting up a Project process commences?

A Project Brief

Sufficient information to identify the prospective Executive

The Project Initiation Documentation

Authority to initiate a project

146. Which should be provided by a project mandate?

Terms of reference

Detailed Business Case

Stage tolerances

Initiation Stage Plan

147. Why is a Project Brief produced?

To act as a trigger for the Starting up a Project process

To record the strategies and management controls to be used by a project

To provide a full and firm foundation for the initiation of a project

To be used by the Project Board as a basis for reviewing the progress of a project

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

Provide information so a decision can be made as to whether a project is viable and worthwhile to initiate

Define the means of communication between the project and corporate or programme management

Define the project controls

Record any identified risks in the Risk Register

149. How is the tailoring approach defined for a project?

The project board approves the approach

The project board documents the approach

Project assurance approves the approach

Project assurance documents the approach

150. Which is a purpose of the change theme?

To prevent change to baselined products

To identify, assess and control any potential and approved changes to baselined products

To establish mechanisms to monitor and compare actual achievements against those planned

To assess and control uncertainty

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151. Identify the missing words in the following sentence.

When proposed changes [ ? ], the change authority must refer the decision back to the project board.

are below the agreed change budget

are objected to by team members

are rejected by the change authority

exceed the agreed change budget

152. Why is a project brief produced?

To act as a trigger for the 'starting up a project' process

To record the how the project will communicate with its stakeholders

To provide a full and firm foundation for the initiation of a project

To be used by the project board as a basis for reviewing the progress of a project

153. Which is a key decision made during the 'directing a project' process?

Select and appoint the project executive

Approve the project manager role description

Confirm that the benefits management approach addresses all expected benefits

Approve the proposed project mandate

Pass PRINCE2 7 Foundation Exam with Online Dumps

Pass PRINCE2 7 Foundation Exam with Online Dumps

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