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
Answer is Manage by exception
Question 72
Which role is responsible for creating Checkpoint Reports?
Senior Supplier
Team Manager
Change Authority
Project Support
Answer is Team Manager
Question 73
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
Answer is Work Package cost tolerance
Question 74
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
Answer is Time-driven controls are used for monitoring the progress of Work Packages and management stages
Question 75
Which of the following statements about lines of authority and reporting are true?
1. The Project Manager has day-to-day control for a management stage within the limits laid down by the Project Board.
2. 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
Answer is Both 1 and 2 are true
Question 76
What theme provides all management levels within the project management team with mechanisms for monitoring and control?
Progress
Change
Organization
Quality
Answer is Progress
Question 77
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
Answer is Corporate group
Question 78
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
Answer is Include the Managing a Stage Boundary process activities
Question 79
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
Answer is Raise an issue
Question 80
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
Answer is The use of management stages is mandatory
In PRINCE2, a project must have at least two management stages:
● an initiation stage
● at least one further management stage. The more complex and risky a project is, the more management stages will be required.