PRINCE2 Foundation PRINCE2 Foundation Dumps in PDF

Free PRINCE2 PRINCE2 Foundation Real Questions (page: 11)

Which of the following steps would involve the actioning of any planned risk responses and monitoring their effectiveness?

  1. Identify
  2. Assess
  3. Implement
  4. Identify

Answer(s): C



What is risk appetite?

  1. An organization's unique attitude towards risk taking that in turn dictates the amount of risk that it considers acceptable
  2. A stakeholder's perception of how a risk effects them
  3. The net financial effect of all risks when aggregated together
  4. The levels of risk exposure that, when exceeded, will trigger an Exception Report

Answer(s): A



Identify the missing word(s) in the following sentence... Effective risk management helps to ensure the [?] are met

  1. Outcomes and benefits
  2. Stakeholder's needs
  3. Project objectives
  4. Quality criteria of each product

Answer(s): C



What is used to pass responsibility to a Team Manager for the production of one or more products?

  1. Exception Plan
  2. Work Package
  3. Product Description
  4. Checkpoint Report

Answer(s): B



Which of the following is used to inform the Project Board of a forecast deviation of stage-level tolerance?

  1. Exception Plan
  2. Exception Report
  3. Off-specification
  4. Lessons Report

Answer(s): B



To which role should a forecast breach of benefits tolerance be referred?

  1. Project Manager
  2. Executive
  3. Senior Supplier
  4. Corporate or programme management

Answer(s): D



Which is NOT an event-driven control?

  1. Highlight Report
  2. Exception Report
  3. Project Initiation Documentation
  4. End of a stage

Answer(s): A



Identify the missing words in the following sentence... PRINCE2 management stages equate to [?], which is a factor that differentiates them from technical stages

  1. Use of a particular set of technical skills
  2. Use of a specific set of Team Managers
  3. An authorization from corporate or programme management
  4. Commitment of resources

Answer(s): D



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