PRINCE2 PRINCE2 Foundation Dumps PDF Free Download

QUESTION: 49

Which of the following would contain the business option of doing nothing, regarding the project's investment?

Project approach
Business Case
Risk Management Strategy
Benefits Review Plan

Answer(s): B

Reveal Solution Next Question

QUESTION: 50

What's the purpose of the 'Plan' step within the risk management procedure?

Create a Risk Management Strategy for inclusion in the Project Initiation Documentation
Establish the Project Board's specific risk management responsibilities and assign them as owners of specific risks
To plan the Communications Management Strategy in order to identify and capture any external stakeholder risk information requirements
To identify suitable management responses to be implemented to manage a risk, should the risk occur

Answer(s): D

Reveal Solution Next Question

Which of the following are uses of the Risk Register during the Controlling a Stage process?

1. Obtain details on risks to include in a Highlight Report
2. Obtain details of risks that may affect the Stage Plan for the next stage
3. Capture uncertainties identified when authorizing a Work Package
4. Obtain details of any potential impacts that may affect the Business Case while reviewing the stage status

1, 2, 3
1, 2, 4
1, 3, 4
2, 3, 4

Answer(s): C

Reveal Solution Next Question

QUESTION: 52

Which is a recommended response type to respond to either a threat or an opportunity?

Fallback
Reject
Share
Reduce

Answer(s): C

Reveal Solution Next Question

QUESTION: 53

Which of the following describes risk proximity?

The timeframe over which the risk mitigation actions should be implemented
The schedule for the risk management activities related to a plan
The timeframe over which a risk will be monitored by the risk owner
The timeframe for when the risk might materialize

Answer(s): D

Reveal Solution Next Question

QUESTION: 54

Which statement describes risk cause?

The impact of a risk on the stage and project tolerance
The situation or event that gave rise to a risk
The area of uncertainty in terms of the threat or opportunity
How likely a risk is to occur in a given project situation

Answer(s): B

Reveal Solution Next Question

QUESTION: 55

What is the purpose of the risk budget?

To fund risk management activities defined in the risk management procedure
To fund the cost of analyzing requests for change while executing a Work Package
Funds set aside from the project budget to cover the costs of implementing risk responses
Funds set aside from the project budget to cover the costs of identifying risks to the project

Answer(s): C

Reveal Solution Next Question

QUESTION: 56

Which of the following are valid risk responses for threats?

Accept, Enhance, Transfer
Avoid, Enhance, Fallback
Avoid, Accept, Fallback
Exploit, Accept, Fallback

Answer(s): C

Reveal Solution Next Question

PRINCE2 Foundation PRINCE2 Foundation Dumps in PDF

Free PRINCE2 PRINCE2 Foundation Real Questions (page: 7)

QUESTION: 49

QUESTION: 50

QUESTION: 51

QUESTION: 52

QUESTION: 53

QUESTION: 54

QUESTION: 55

QUESTION: 56