Get 100% Authentic PRINCE2 PRINCE2Foundation Dumps with Correct Answers [Q263-Q287]

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Get 100% Authentic PRINCE2 PRINCE2Foundation Dumps with Correct Answers

New Training Course PRINCE2Foundation Tutorial Preparation Guide


PRINCE2 Foundation certification exam is ideal for project managers, team members, and anyone involved in project management. PRINCE2 7 Foundation written Exam certification provides a comprehensive understanding of the PRINCE2 methodology and its application in real-world project scenarios. PRINCE2 7 Foundation written Exam certification also enhances the employability of professionals and helps them stand out in the competitive job market. Overall, the PRINCE2 Foundation certification exam is a valuable investment for professionals looking to improve their project management skills and advance their careers.


PRINCE2 methodology is widely used in various industries, including IT, construction, healthcare, and finance, among others. PRINCE2 Foundation certification is an excellent way for individuals to enhance their project management skills and demonstrate their expertise to potential employers. PRINCE2 7 Foundation written Exam certification can help individuals to improve their career prospects and increase their earning potential. Overall, the PRINCE2 PRINCE2-Foundation certification exam is an essential certification for individuals seeking to establish themselves as experts in project management.

 

NEW QUESTION # 263
The senior user needs to ensure that the outputs will be used effectively to achieve the outcomes and realize the benefits.
Which element of effective business case management is the senior user applying?

  • A. Establishing business justification
  • B. Estimating the cost of the project product
  • C. Planning benefit reviews during the project
  • D. Aligning products to business objectives and tolerances

Answer: D


NEW QUESTION # 264
According to the 'defined roles and responsibilities' principle, what must be represented in the project management team?

  • A. Corporate, programme management or the customer parties
  • B. Project board, project manager and project assurance roles
  • C. Business, user and supplier interests
  • D. Directing, managing and delivering levels

Answer: C

Explanation:
According to the 'defined roles and responsibilities' principle in PRINCE2, the project management team must represent the business, user, and supplier interests. This ensures that all critical viewpoints are considered in decision-making processes, aligning the project outcomes closely with organizational needs and stakeholder expectations. References: PRINCE2 Foundation Handbook, Defined Roles and Responsibilities section.


NEW QUESTION # 265
Identify the missing words in the following sentence.
The 'managing a stage boundary' process should be executed [ ? ] a management stage.

  • A. when a stage plan has been prepared for
  • B. at the beginning of
  • C. when all the delivery steps have been completed within
  • D. at, or close to the end of,

Answer: D

Explanation:
Explanation
Reference
https://publications.axelos.com/Prince2Agile2015/content.aspx?showNav=true&expandNav=true&page=cros_13


NEW QUESTION # 266
Which describes a risk effect?

  • A. The change in the status of a risk in response to actions taken to control it
  • B. The uncertainty expressed as a negative or favourable occurrence
  • C. The issue which is affecting the project and has resulted in a risk
  • D. The impact(s) on the project objectives should the threat or opportunity occur

Answer: D

Explanation:
The risk effect in PRINCE2 describes the potential impact on project objectives if a specific threat or opportunity were to occur. This understanding is crucial in assessing the significance of the risk and determining the appropriate management response. References: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.


NEW QUESTION # 267
Which process is triggered towards the end of the final stage when all the assigned work has been completed?

  • A. Managing Product Delivery
  • B. Controlling a Stage
  • C. Closing a Project
  • D. Managing a Stage Boundary

Answer: C

Explanation:
The Closing a Project process in PRINCE2 is triggered towards the end of the final stage when all assigned work has been completed. This process is designed to ensure that all project objectives have been achieved, all products have been delivered, and the project can be formally closed and evaluated for success and areas of improvement. References: PRINCE2 Foundation manual, PRINCE2 official resources


NEW QUESTION # 268
Which process monitors work that has been assigned to a team manager?

  • A. Directing a project
  • B. Managing product delivery
  • C. Managing a stage boundary
  • D. Controlling a stage

Answer: B

Explanation:
The "Managing Product Delivery" process in PRINCE2 is designed to monitor the work assigned to a team manager. This process ensures that the work is completed according to the specifications agreed upon in the Work Package and provides a mechanism for the team manager to report progress back to the project manager. References: PRINCE2 Foundation Handbook, Managing Product Delivery section.


NEW QUESTION # 269
Which is an objective of the Initiating a Project process?

  • A. Summarize how the organization's project management method will be tailored for the project
  • B. Develop the corporate quality management system as part of the Project Initiation Documentation
  • C. Prepare the plans for the subsequent stages
  • D. Request authority from corporate management to deliver the project

Answer: A

Explanation:
One of the key objectives of the Initiating a Project process is to tailor the organization's project management method to suit the specific requirements of the project. This involves adapting processes, controls, roles, responsibilities, and techniques to ensure they are appropriate for the project's context. References:
PRINCE2 Foundation official documentation and study materials.


NEW QUESTION # 270
Which is NOT considered when defining risk tolerance?

  • A. An organization's risk appetite
  • B. The allocated risk budget
  • C. A Project Board's attitude towards risk taking
  • D. The amount of risk a Project Board considers acceptable

Answer: B


NEW QUESTION # 271
Which is a typical core activity within configuration management?

  • A. Preparation
  • B. Quality inspection
  • C. Issue management
  • D. Quality inspection

Answer: D


NEW QUESTION # 272
What is an advantage of applying the 'learn from experience' principle?

  • A. It allows the project manager to delegate time tolerances to the team managers
  • B. It allows the project board to delegate cost tolerances to the project manager
  • C. It allows the project team to identify improvements to be made during the project
  • D. It allows the project team to fully understand their roles and responsibilities

Answer: C


NEW QUESTION # 273
Why is the 'learn from experience' principle applied to a project?

  • A. To allow the project to be divided into management stages
  • B. To enable the project team to develop a business case for the project
  • C. To enable the project team to use tolerances to delegate authority
  • D. To enable the project team to repeat successes from previous projects

Answer: D

Explanation:
Reference https://link.springer.com/chapter/10.1007/978-3-319-23000-9_4


NEW QUESTION # 274
What is shown in a product breakdown structure?

  • A. In which order the products should be created
  • B. The major products that are to be developed in a plan
  • C. Management stages, major products and control points
  • D. The resources that are required to develop the products

Answer: B

Explanation:
Section: Volume B


NEW QUESTION # 275
How does PRINCE2 ensure that the specific management needs of an organization are met?

  • A. By incorporating tailoring
  • B. By representing best practice
  • C. By focusing on viability
  • D. By mandating training

Answer: A

Explanation:
PRINCE2ensures that the specific management needs of an organization are met by incorporating tailoring.
Tailoring involves adapting the method to suit the project's environment, size, complexity, importance, capability, and risk. It allows organizations to apply PRINCE2effectively across different types of projects and organizational environments.References: PRINCE2Foundation Manual


NEW QUESTION # 276
In which process is the work to be done assigned to a team manager?

  • A. Directing a project
  • B. Managing a stage boundary
  • C. Controlling a stage
  • D. Managing product delivery

Answer: C


NEW QUESTION # 277
Which is a minimum requirement for applying the change theme?

  • A. To identify whether an issue affects the continuation of the project
  • B. To tailor all changes to improve the quality of the project
  • C. To produce a breakdown of the products to be produced
  • D. To ensure each change is managed as an exception

Answer: D

Explanation:
Section: Volume B


NEW QUESTION # 278
Which is NOT represented by one of the three primary categories of stakeholder identified in PRINCE2?

  • A. Those who will manage the project on a day-to-day basis
  • B. Those with a financial interest in the project
  • C. Those who will specify the desired outputs of the project
  • D. Those who will create the project's outputs

Answer: A


NEW QUESTION # 279
Identify the missing word in the following sentence relating to one of the principles:
A PRINCE2 project should have [?] defined for each project objective.

  • A. principles
  • B. tolerances
  • C. processes
  • D. themes

Answer: B

Explanation:
According to PRINCE2, a project should have tolerances defined for each project objective. Tolerances specify the permissible deviations in scope, time, cost, quality, risk, and benefits that are allowed before the deviation needs to be escalated to a higher authority. This is fundamental for the 'manage by exception' principle, allowing efficient use of time and resources by project management levels.References: PRINCE2 Foundation Manual


NEW QUESTION # 280
Which should be funded from a change budget?

  • A. An agreed change to the scope of a project
  • B. A change to a plan, within allocated tolerances, due to poor estimating
  • C. A fallback plan
  • D. The Starting up a Project process

Answer: A


NEW QUESTION # 281
Which is an objective of the Starting up a Project process?

  • A. Agree how issues and changes will be identified, assessed and controlled
  • B. Authorize the Project Manager to proceed with the initiation stage
  • C. Identify who will be responsible for creating the Project Plan
  • D. Agree how the project will be monitored and controlled after initiation

Answer: C


NEW QUESTION # 282
Which is a purpose of the Closing a Project process?

  • A. Delegate day-to-day management of the end of the project to the Project Manager
  • B. Recognize whether objectives set out in the original Project Initiation Documentation have been achieved
  • C. Authorize the final stage of the project
  • D. Confirm that all benefits defined in the Business Case have been achieved

Answer: B

Explanation:
The purpose of the Closing a Project process is to ensure that the objectives defined in the Project Initiation Documentation (PID) have been achieved. This process involves verifying that the project's deliverables meet the objectives and that the project has fulfilled its purposes as planned. References: PRINCE2 Foundation official study guide and materials.


NEW QUESTION # 283
Which PRINCE2 principle is supported by the setting of tolerances for the three levels of plan?

  • A. Manage by stages
  • B. Learn from experience
  • C. Manage by exception
  • D. Continued business justification

Answer: C


NEW QUESTION # 284
Which is NOT represented by one of the three primary categories of stakeholder identified in PRINCE2?

  • A. Those who will manage the project on a day-to-day basis
  • B. Those with a financial interest in the project
  • C. Those who will specify the desired outputs of the project
  • D. Those who will create the project's outputs

Answer: A

Explanation:
Section: Volume A


NEW QUESTION # 285
The team manager has organized a workshop with project stakeholders to define the detailed requirements for a number of outputs.
Which principle is being applied by the team manager as part of the 'people' element when holding this workshop?

  • A. Define roles, responsibilities and relationships
  • B. Ensure continued business justification
  • C. Focus on products
  • D. Tailor to suit the project

Answer: C

Explanation:
By organizing a workshop with project stakeholders to define the detailed requirements for project outputs, the team manager is applying the PRINCE2 principle of "Focus on Products." This principle emphasizes that a project's primary focus should be on product definition, delivery, and quality requirements, which are crucial for achieving project success and user satisfaction.
(PRINCE2 7 Foundation Handbook, AXELOS)


NEW QUESTION # 286
Which statement about the Directing a Project process is true?

  • A. Covers the day-to-day activities of the Project Manager
  • B. Ensures there are regular progress meetings
  • C. Begins on completion of the Initiating a Project process
  • D. Provides a mechanism for the Project Board to assure that there is continued business justification

Answer: D


NEW QUESTION # 287
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