PRINCE2F PRINCE2 Practices Practice Test 38 — 15 Questions

Question 1

During which process is the Benefits Review Plan first created?

Accepted Answer

Initiating a Project. The Benefits Review Plan is created during the Initiating a Project process.

Answer

Closing a Project

Answer

Managing a Stage Boundary

Answer

Starting up a Project

Question 2

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

Accepted Answer

Project Initiation Documentation. The Project Initiation Documentation (PID) is the key output of the Initiating a Project process. It provides a comprehensive baseline that defines the project's scope, objectives, risks, and controls. Option A (Project Brief) is an input to the process, not an output. Option B (Stage Plan) is created during the Managing a Stage Boundary process. Option D (Benefits Management Approach) is developed during the Initiating a Project process but is part of the PID, not a separate key output. The PID itself is the primary output that brings together all the management products required to initiate the project.

Answer

Project Brief

Answer

Stage Plan

Answer

Benefits Management Approach

Question 3

In the Change practice, what is the purpose of a Product Status Account?

Accepted Answer

To report on the current status of one or more products. A Product Status Account provides information about the status of products, such as version and location.

Answer

To record configuration item records

Answer

To track issues

Answer

To authorize changes to products

Question 4

In PRINCE2, what is the purpose of the Managing a Stage Boundary process?

Accepted Answer

To enable the Project Board to review the current stage, approve the next stage plan, and confirm continued business justification. The purpose is to provide the Project Board with sufficient information to review the current stage, approve the next stage plan, and confirm continued business justification.

Answer

To authorize the work for the next stage

Answer

To produce the End Project Report

Answer

To update the Project Plan with actual progress

Question 5

Which THREE of the following are examples of threat responses in the Risk practice?

Accepted Answer

Reduce. Avoid, reduce, and transfer are threat responses. Exploit and enhance are opportunity responses.

Answer

Enhance

Answer

Exploit

Question 6

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

Accepted Answer

A Request for Change proposes a modification to an approved product, while an Off-specification identifies a product that does not meet its specification. A Request for Change is a proposal for a modification to a product that has been approved, while an Off-specification is a product that does not meet its specification.

Answer

A Request for Change is for any change, while an Off-specification is for a product that has not been approved

Answer

A Request for Change is raised by the Project Manager, while an Off-specification is raised by the Team Manager

Answer

A Request for Change requires a change budget, while an Off-specification requires contingency

Question 7

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 assigns this role to the Project Manager as part of day-to-day management. The Project Manager monitors actual costs, benefits, and risks against the Business Case, and updates it when necessary to ensure it remains viable. This is distinct from the Executive, who owns the Business Case and approves changes, but does not perform the ongoing maintenance.

Answer

Project Assurance

Answer

Senior User

Answer

Executive

Question 8

In PRINCE2, which role is accountable for the business justification of a project?

Accepted Answer

Executive. The Executive (Senior Responsible Owner) is accountable for the business justification.

Answer

Senior Supplier

Answer

Senior User

Answer

Project Manager

Question 9

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

Accepted Answer

Project Initiation Documentation. The Project Initiation Documentation (PID) is the key output of the Initiating a Project process, containing the business case, project plan, and other baselines.

Answer

Business Case

Answer

Project Plan

Answer

Stage Plan

Question 10

What is the definition of quality in PRINCE2?

Accepted Answer

Fit for purpose. PRINCE2 defines quality as 'fit for purpose'—the product must be suitable for its intended use.

Answer

Conformance to specification

Answer

Zero defects

Answer

Customer satisfaction

Question 11

In the PRINCE2 risk management procedure, which step follows 'Assess'?

Accepted Answer

Plan. The procedure steps are: Identify, Assess, Plan, Implement, Communicate. 'Plan' comes after 'Assess'.

Answer

Implement

Answer

Communicate

Answer

Identify

Question 12

What is the purpose of the Managing a Stage Boundary process?

Accepted Answer

To enable the Project Board to approve completion of the current stage and authorize the next stage. The Managing a Stage Boundary process is designed to provide the Project Board with sufficient information to review the current stage's performance, approve its completion, and authorize the next stage. This process ensures that the project remains viable and aligned with the business case before proceeding, making D the correct answer.

Answer

To close the project

Answer

To prepare an Exception Plan when tolerances are exceeded

Answer

To control the work of the current stage

Question 13

Which document is used by the Project Board to monitor progress at the end of a stage?

Accepted Answer

End Stage Report. The End Stage Report is provided by the Project Manager to the Project Board at the end of each stage to enable review.

Answer

Highlight Report

Answer

Checkpoint Report

Answer

Exception Report

Question 14

What is the difference between a Request for Change (RFC) and an Off-specification (Off-spec)?

Accepted Answer

An RFC proposes a change to a baselined product; an Off-spec is a product that does not meet its specification. An RFC proposes a modification to a product that has been approved or baselined; an Off-spec is something that should be provided but is not (or will not be) as specified.

Answer

An RFC is a threat; an Off-spec is an opportunity

Answer

An RFC requires a change budget; an Off-spec does not

Answer

An RFC is raised by the Project Manager; an Off-spec is raised by the Project Board

Question 15

In PRINCE2, who is responsible for ensuring that project assurance is independent of the Project Manager?

Accepted Answer

Project Board. The Project Board is responsible for ensuring that project assurance is independent of the Project Manager.

Answer

Senior User

Answer

Project Manager

Answer

Project Support