PRINCE2 7 Foundation written PRINCE2 Foundation 7 Edition Dumps in PDF

Free PRINCE2 PRINCE2 Foundation 7 Edition Real Questions (page: 3)

Which should be funded by a change budget?

  1. Increase in agreed scope
  2. Initiation stage
  3. Change Authority
  4. Handover activities

Answer(s): A

Explanation:

The change budget in a PRINCE2® project is designed to fund changes that involve an increase in the agreed scope of the project. Such changes typically require additional budget allocations as they extend or modify what the project initially planned to deliver.


Reference:

PRINCE2® Foundation official study guide and online resources.



Which should be funded from a change budget?

  1. The Starting up a Project process
  2. A fallback plan
  3. An agreed change to the scope of a project
  4. A change to a plan, within allocated tolerances, due to poor estimating

Answer(s): C

Explanation:

Similar to the answer to question 11, the change budget is specifically allocated for changes that are agreed upon that modify the scope of the project. This ensures that any scope modifications are funded without compromising the existing budget for planned deliverables.


Reference:

PRINCE2® Foundation official study guide and online resources.



Which is the Issue Register NOT used for?

  1. Capture external events that are impacting a stage
  2. Record information about a deviation in stage tolerance
  3. Capture any threats or opportunities that might have an impact on a stage
  4. Record any problems identified when authorizing a Work Package

Answer(s): A

Explanation:

The Issue Register in PRINCE2® is used to capture and record all issues that may affect the project but it is not designed to capture external events unless they become issues directly impacting project deliverables or processes. Its primary function is to log problems identified in project execution, not general external events.


Reference:

PRINCE2® Foundation official study guide and online resources.



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

  1. Checkpoint Report
  2. Highlight Report
  3. Issue Report
  4. Product Status Account

Answer(s): C

Explanation:

When the Project Board instructs the Project Manager to implement a request for change, details of that change are contained in an Issue Report. This document provides a detailed description of the issue, its evaluation, and the decisions regarding its resolution, including any changes to be implemented.


Reference:

PRINCE2® Foundation official study guide and online resources. These answers are based on the latest materials and guidelines from the PRINCE2® Foundation documentation and should reflect the most current practices and theoretical underpinnings of the methodology.



Which is the purpose of the Change theme?

  1. Prevent change to baselined products
  2. Identify, assess and control any potential and approved changes to baselined products
  3. Establish mechanisms to monitor and compare actual achievements against those planned
  4. Assess and control uncertainty

Answer(s): B

Explanation:

The purpose of the Change theme in PRINCE2 is to establish a clear, structured approach for identifying, assessing, and controlling changes to baselined products. This theme ensures that only approved changes are implemented, helping to manage and minimize their potential impacts on the project's objectives.


Reference:

PRINCE2 Foundation manual, PRINCE2 official resources



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