PRINCE2 Foundation practice questions With Answers

PRINCE2 Foundation practice questions With Answers According to PRINCE2, which are the six aspects of project performance to be managed? - ANS Time, cost, scope, quality, benefits, risk According to PRINCE2, which of the following is a characteristic of a project compared to that of business operations? - ANS Introduces business change Identify the missing word(s) from the following sentence. A project is a [?] that is created for the purpose of delivering one or more business products according to an agreed Business Case - ANS temporary organization What characteristic relates to a project having a defined start and defined end? - ANS Temporary in nature Which of the following is FALSE regarding PRINCE2 principles? - ANS A project should have a customer/supplier environment Which project characteristic refers to a project involving a team of people working together to introduce a change that will impact others outside the team and sometimes other organizations? - ANS Cross-functional Which of the following PRINCE2 themes will help with the identification, assessment and control of threats and opportunities? - ANS Risk How does PRINCE2 define a project? - ANS A temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case Which of the following are benefits of using PRINCE2?... 1. Provides a common vocabulary for all project participants, promoting effective communication 2. Promotes regular progress meetings for senior management 3. Plans are carefully designed to meet the needs of the different levels in the project organization, improving communication and control 4. Defines a thorough but economic structure of reports - ANS 1,3,4 Which of the following are the integrated elements which make up the structure of PRINCE2? - ANS Principles, Themes, Processes, Tailoring to the Project Environment The PRINCE2 principle 'continued business justification' states that a requirement for a project is that... There is justifiable reason to start the project and justification should remain valid throughout the life of the project. - ANS The justification is documented and approved Which of the following does PRINCE2 recognise as being project characteristics?... 1. Projects are the means by which we introduce business change 2. Projects have a defined start and end 3. No project is unique 4. Projects often cross the normal functional divisions within an organization - ANS 1,2,4 Which PRINCE2 principle supports planning only to a level of detail that is manageable and foreseeable? - ANS Manage by stages Which integrated element is described as being the aspects of project management that must be addressed continually and in parallel throughout the project? - ANS Themes Which integrated element is described as being the guiding obligations and good practices which determine whether the project is genuinely using PRINCE2? - ANS Principles Identify the missing words in the following sentence... A PRINCE2 project has defined [ ? ] to establish limits of delegated authority - ANS Tolerances for each project objective Which of the following is NOT a PRINCE2 Prin