PRINCE2F PRINCE2 Practices Practice Test 23 — 15 Questions

Question 1

What is the purpose of a Product Status Account?

Accepted Answer

To provide information about the status of products in the project.. The Product Status Account is a PRINCE2 management product that provides a snapshot of the status of all products within a project at a given point in time. Its purpose is to give stakeholders and the project manager a consolidated view of which products are complete, in progress, or have issues, enabling informed decision-making and control.

Answer

To define the product breakdown structure.

Answer

To authorize changes to a product baseline.

Answer

To describe the quality criteria for a product.

Question 2

Which of the following is NOT an opportunity response in PRINCE2?

Accepted Answer

Avoid. Avoid is a threat response, not an opportunity response. The opportunity responses are exploit, enhance, share, and reject.

Answer

Enhance

Answer

Exploit

Answer

Share

Question 3

Which TWO roles are members of the Project Board?

Accepted Answer

Executive. The Project Board consists of the Executive, Senior User, and Senior Supplier. The Project Manager and Team Manager are not board members.

Answer

Project Manager

Answer

Team Manager

Answer

Project Support

Question 4

Which role is responsible for defining the project's acceptance criteria?

Accepted Answer

Senior User. The Senior User is responsible for defining the project's acceptance criteria because they represent the interests of those who will use the project's products. Acceptance criteria specify the conditions that must be met for the project's outputs to be accepted by the users, and the Senior User ensures these criteria reflect actual user needs and business requirements. This role is defined in PRINCE2's 'Business Case' and 'Quality' management products, where the Senior User provides the user perspective on quality expectations.

Answer

Project Manager

Answer

Project Board

Answer

Executive

Question 5

Which THREE of the following are components of the Business Case?

Accepted Answer

Major risks. 'Major risks' are a formal component of the PRINCE2 Business Case. The Business Case must document the key risks that could affect the project's viability, ensuring that decision-makers understand the uncertainties before committing resources.

Answer

Project approach

Answer

Benefits review plan

Question 6

A team member reports a problem that could impact the next stage. What should the Team Manager do?

Accepted Answer

Raise the issue in the next Checkpoint Report to the Project Manager.. The Team Manager's first responsibility is to escalate the problem to the Project Manager via the next Checkpoint Report, which is the formal reporting mechanism for issues within the team. The Project Manager then decides if the issue requires an Exception Report to the Project Board. This aligns with PRINCE2's management by exception principle, where the Team Manager does not bypass the Project Manager unless the issue is outside delegated tolerances.

Answer

Immediately raise an Exception Report to the Project Board.

Answer

Log the issue in the Risk Register and continue.

Answer

Update the Stage Plan to address the problem.

Question 7

Which TWO statements are true about the quality review technique in PRINCE2?

Accepted Answer

It involves a chair, presenter, and reviewers. The quality review technique is a structured review of a product against its quality criteria. It involves a chair, presenter, and reviewers. It is not used for all products (some may use other methods) and is not the same as quality assurance (which is broader).

Answer

It is the same as quality assurance

Answer

It is used for all products in a project

Answer

It replaces the need for quality planning

Question 8

Which TWO of the following are components of the Business Case?

Accepted Answer

Investment appraisal. The Business Case in PRINCE2 is developed during the Initiating a Project process and is used to justify the project's viability. It includes the investment appraisal (C) to assess the financial justification and the expected benefits (E) to define the measurable improvements the project will deliver.

Answer

Product descriptions

Answer

Quality criteria

Answer

Acceptance criteria

Question 9

Which THREE of the following are PRINCE2 management products that contain baselines?

Accepted Answer

Stage Plan. The Project Plan, Stage Plans, and Product Descriptions are baselined. Highlight Reports are reports, not baselines. The Issue Register records issues but is not a baseline.

Answer

Issue Register

Answer

Highlight Report

Question 10

Which document describes the quality methods and tools to be used on the project?

Accepted Answer

Quality Management Approach. The Quality Management Approach is the PRINCE2 document that defines the specific quality methods, tools, and techniques to be used throughout the project. It details how quality control and quality assurance activities will be performed, including the standards, procedures, and responsibilities for ensuring the project's products meet their defined quality criteria.

Answer

Project Plan

Answer

Product Description

Answer

Project Product Description

Question 11

Which THREE of the following are responsibilities of the Project Board?

Accepted Answer

Providing overall direction and control. The Project Board is responsible for providing overall direction and control of the project, ensuring it remains aligned with business objectives and governance requirements. This includes making key decisions, approving major deliverables, and authorizing stage transitions as defined in PRINCE2's management by stages principle.

Answer

Managing risks on a daily basis

Answer

Producing Highlight Reports

Question 12

What is the difference between a Request for Change and an Off-specification?

Accepted Answer

A Request for Change proposes a modification to an agreed baseline, while an Off-specification identifies a product that does not meet its specification.. A Request for Change proposes a modification to an agreed baseline, while an Off-specification is something that should be provided but is not (or is forecast not to be).

Answer

A Request for Change can only be raised by the Project Board, while an Off-specification can be raised by anyone.

Answer

There is no difference; they are the same thing with different names.

Answer

A Request for Change is raised for any deviation, while an Off-specification is only for threats.

Question 13

Who is responsible for maintaining the Business Case throughout the project?

Accepted Answer

Project Manager. The Project Manager is responsible for maintaining the Business Case throughout the project because PRINCE2 requires the Business Case to be a living document that is reviewed and updated at each stage boundary. The Project Manager ensures that the Business Case remains viable by monitoring costs, benefits, and risks against the approved plan, and escalates any deviations to the Project Board. This responsibility is explicitly assigned to the Project Manager in the PRINCE2 manual for the Business Case management process.

Answer

Senior User

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Executive

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Project Support

Question 14

In PRINCE2, what is the purpose of the Risk Register?

Accepted Answer

To record all identified risks and their management. The Risk Register in PRINCE2 is the central repository for recording all identified risks (both threats and opportunities) and their ongoing management actions, including analysis, response planning, and status updates. It is a key management product that supports the continuous management of risk throughout the project lifecycle, ensuring that risks are formally captured, assessed, and controlled.

Answer

To record lessons learned

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To record quality review results

Answer

To record all issues raised during the project

Question 15

Which document is the key output of the Initiating a Project process?

Accepted Answer

Project Initiation Documentation (PID). The Project Initiation Documentation (PID) is the key output of the Initiating a Project process, as it defines the project and serves as the foundation for its management.

Answer

Project Plan

Answer

Business Case

Answer

Stage Plan