Prince2 Test (Questions and Answers)

Prince2 Test (Questions and Answers) Which theme establishes mechanisms to determine whether the project is (and remains) desirable, viable, and achievable? - Business Case theme Which type of risk response only re ...

Prince2 Test (Questions and Answers) Which theme establishes mechanisms to determine whether the project is (and remains) desirable, viable, and achievable? - Business Case theme Which type of risk response only reduces the financial impact of a risk? - Transfer What PRINCE2 term is used to describe the adoption of PRINCE2 across an organization? - Embedding What PRINCE2 term is used to describe the measurable improvement resulting from an outcome that is perceived as positive by one or more stakeholders? - Benefit PRINCE2 consists of four integrated elements: themes, processes, the project environment, and which other? - Principles Which management product is used to determine how and when a measurement of the achievement of the project's benefits can be made? - Benefits Review Plan Which section of the Business Case balances the forecast benefits against the time, cost, and risk of the project? - Investment appraisal During which process is version one of the detailed Business Case created? - Initiating a Project Which role is responsible for demonstrating that benefits have occurred? - Senior User What are the five core activities of configuration management? - Planning, identification, control, status accounting, and verification and audit Which of the PRINCE2 principles ensures that everyone on the project team understands what is expected of them? - Defined roles and responsibilities Which three project interests are represented on the Project Board? - Business, user, and supplier Which PRINCE2 role is ultimately responsible for the project? - Executive Which management product documents the justification for undertaking the project? - Business Case What management product describes a project's approach to managing uncertainty? - Risk Management Strategy When a team is sited at a different geographic location from the Project Manager, what role might be used to manage that team? - Team Manager Which term is used to describe anyone who can affect or be affected by the project? - Stakeholder During which process is the Communication Management Strategy created? - Initiating a Project Which theme defines and implements the means by which the project will create and verify products that are fit for their purpose? - Quality theme Which quality review technique role will review and submit questions about the product under review? - Reviewer Is quality assurance internal or external to the project management team? - External Which of the PRINCE2 principles ensures efficient and economic use of management time? - Manage by exception During which process is the Project Brief created? - Starting up a Project Which management product contains the customer's quality expectations and acceptance criteria? - Project Product Description Which is always measurable: the customer's quality expectations or acceptance criteria? - Acceptance criteria What does PRINCE2 call evidence that has been gathered to show that quality activities have been carried out? - Quality records During which process is the Project Product Description first created? - Starting up a Project What role is responsible for creating the Project Product Description? - Project Manager Which role is responsible for creating the Quality Register? - Project Manager During which process is the Quality Management Strategy created? - Initiating a Project What are the three levels of plan recommended by PRINCE2? - Project, stage, and team During which process is the outline Business Case created? - Starting up a Project Which PRINCE2 role is accountable for delivering products that are fit for their purpose? - Senior Supplier What are the four tasks of product-based planning? - Write the Project Product Description, create the product breakdown structure, write the Product Descriptions, and create the product flow diagram Which PRINCE2 theme facilitates communication and control by defining the means of delivering the products? - Plans theme Which role sets stage tolerances within a project? - Project Board What is an uncertain event that should it occur will have an effect on the achievement of the project's objectives? - A risk During which process is the Project Plan created? - Initiating a Project Which management product contains the Project Plan? - Project Initiation Documentation Which term does PRINCE2 use to describe carrying out quality methods and gaining acceptance and approval of products? - Quality control Which role uses the Project Plan to track and monitor the progress of the project? - Project Board Which process is used to update the Project Plan with progress from the final delivery stage? - Closing a Project Which management product describes a project's benefit tolerances? - Business Case Which role is responsible for creating Stage Plans? - Project Manager Which process is used to update the Stage Plan with progress information from a stage? - Controlling a Stage Which one of the three levels of plans does PRINCE2 describe as optional? - Team Plan In which of the three levels of plans does PRINCE2 not prescribe a particular format or composition? - Team Plan During which process are Team Plans created? - Managing Product Delivery Which are the three types of Project Assurance that align to the three roles on the Project Board? - Business, supplier, and user assurance Which of the three levels of plan might an Exception Plan replace? - Project Plan or Stage Plan What planning philosophy does PRINCE2 advocate? - Product-based planning What type of product already exists before work is started on a plan or is being created outside the scope of a plan? - External product Which process should be of relatively short duration compared to the rest of the project? - Starting up a Project Which type of risk response might be applied to both an opportunity and a threat? - Share Which type of diagram is used to identify the order in which products will be delivered and any dependencies between products? - Product flow diagram Which type of risk response to a threat is a reactive form of countermeasure? - Fallback What role is responsible for managing, monitoring, and controlling all aspects of a particular risk? - Risk owner What sort of environment do PRINCE2 projects run within? - Customer supplier environment Which process prevents a slow drift into operations? - Closing a Project Which role is responsible for the Business Case during the project? - Executive In the risk management procedure, there are two parts to the Identify step. What are those two parts? - Identify context and identify risks When estimating individual risks, what three areas does PRINCE2 recommend be assessed? - Probability, impact, and proximity What money might be set aside to fund specific management responses to threats and opportunities? - Risk budget What term describes an organization's unique attitude to risk taking? - Risk appetite What management product is used to document risks in the Starting Up a Project process? - Daily Log During which process is the Quality Register created? - Initiating a Project **Continues............................