Prince 2 - Foundation

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Question 251

Which product identifies how often stakeholders require information?
Communication management approach
Lessons report
Configuration item record
Benefits management approach




Answer is Communication management approach


Question 252

Which is a minimum requirement when applying the business case theme?
To specify the solution to be used to deliver the business option selected
To ensure the corporate business plan is updated with the project costs and benefits
To define the management actions required to ensure the project's outcomes are achieved
To integrate the benefits management approach with the project and stage plans




Answer is To define the management actions required to ensure the project's outcomes are achieved

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)

Your project must create and maintain a business justification (in the form of a business case), and you should review and update it throughout your project. You must define management actions to ensure the expected outcomes are achieved and the benefits are realized. You must define and document the roles and responsibilities for the business case and the management of benefits. Finally, you must produce and maintain a benefits management approach.

Reference:
Prince2 guide 6.2
https://www.knowledgetrain.co.uk/project-management/prince2/prince2-themes

Question 253

Which is a minimum requirement for applying the quality theme?
To define the project's approach to quality control
To undertake independent audits of the project throughout the project
To apply the recommended quality review technique
To define the project's approach to quality assurance




Answer is To define the project's approach to quality control


Question 254

As a minimum requirement for applying the risk theme, what must specifically be assessed?
Whether a risk may cause the project to exceed its cost tolerance
Whether a risk may affect the project-level quality tolerances
Whether a risk may impact the underlying technical assumptions
Whether a risk may alter the project's business justification




Answer is Whether a risk may alter the project's business justification


Question 255

What is an advantage of applying the 'learn from experience' principle?
It allows the project board to delegate cost tolerances to the project manager
It allows the project team to fully understand their roles and responsibilities
It allows the project manager to delegate time tolerances to the team managers
It allows the project team to identify improvements to be made during the project




Answer is It allows the project team to identify improvements to be made during the project


Question 256

What is a goal of the 'implement' step within the recommended risk management procedure?
To prepare specific management responses to identified risks
To monitor the effectiveness of actioned risk responses
To estimate the risk to the project in terms of probability and impact
To communicate information related to the risks faced by the project




Answer is To monitor the effectiveness of actioned risk responses

Planned risk responses need to be actioned, their effectiveness monitored and corrective action taken where responses do not match expectations.

Reference:
Prince2 manual, 10.4.4.

Question 257

Identify the missing words in the following sentence;

Project assurance personnel [ ? ] the project manager.
are able to overturn the decisions of
must be accountable to
should support
report to the project board and




Answer is should support


Question 258

Which principle helps to ensure that all changes to the outputs are agreed?
Defined roles and responsibilities
Focus on products
Learn from experience
Manage by exception




Answer is Focus on products

Reference: Prince2 documentation p.26/3.6

Question 259

Identify the missing word in the following sentence;

[ ? ] is the measurable decline resulting from a negative outcome.
An exception
A dis-benefit
An off-specification
A risk




Answer is A dis-benefit


Question 260

How does PRINCE2 ensure that the specific management needs of an organization are met?
By incorporating tailoring
By mandating training
By focusing on viability
By representing best practice




Answer is By representing best practice


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