EXIN Relevant PR2F Questions: PRINCE2 7 Foundation written Exam - Lead1Pass 365 Days Free Updates

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| Section | Weight | Objectives |
|---|
| Topic 1: PRINCE2® Processes | 30% | - Controlling a Stage - Managing a Stage Boundary - Directing a Project - Starting up a Project - Managing Product Delivery - Initiating a Project - Closing a Project
|
| Topic 2: PRINCE2® Principles | 20% | - Manage by exception - Defined roles and responsibilities - Manage by stages - Continued business justification - Tailor to suit the project environment - Learn from experience - Focus on products
|
| Topic 3: People & Project Context | 10% | - People element & engagement - Tailoring principles & application
|
| Topic 4: PRINCE2® Practices | 40% | - Quality - Risk - Progress - Change - Organization - Plans - Business Case
|
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EXIN PRINCE2 7 Foundation written Exam Sample Questions (Q147-Q152):
NEW QUESTION # 147
According to the 'manage by exception' principle, which aspect of performance sets limits against the cost of aggregated threats?
- A. Cost
- B. Quality
- C. Scope
- D. Risk
Answer: A
Explanation:
The principle of 'manage by exception' in PRINCE2 involves setting limits on delegated authority concerning time, cost, quality, scope, risk, and benefits. Here, the aspect of performance that sets limits against the cost of aggregated threats is "Cost". This includes setting tolerances for what can be considered acceptable deviations from the plan before an issue needs to be escalated to a higher authority. Managing by exception helps in efficient use of management time and focuses on deviations that might affect the project's success.References:
(PRINCE27 Foundation Handbook, AXELOS)
NEW QUESTION # 148
Why is a project brief produced?
- A. To act as a trigger for the 'starting up a project' process
- B. To record the how the project will communicate with its stakeholders
- C. To provide a full and firm foundation for the initiation of a project
- D. To be used by the project board as a basis for reviewing the progress of a project
Answer: C
Explanation:
Section: Volume B
NEW QUESTION # 149
Which are benefits of using PRINCE2?
1. It removes the need for activity-based planning
2. It promotes learning and continuous improvement
3. It can be applied to any type of project
4. It defines specific leadership and other interpersonal skills required
- A. 1 and 4
- B. 2 and 3
- C. 3 and 4
- D. 1 and 2
Answer: B
Explanation:
Section: Volume B
Explanation/Reference: https://www.axelos.com/best-practice-solutions/prince2/key-benefits-of-prince2
NEW QUESTION # 150
Which TWO are objectives of the closing a project: process?
1. To ensure the benefit reviews enable the project benefits to the confirmed
2. To update the business case so that the project hoard can decide whether to continue with the project
3. To ensure that the project team deliver the products to quality expectations
4. To hand over any open threats to operations
- A. 2 and 3
- B. 1 and 4
- C. 3 and 4
- D. 1 and 2
Answer: B
Explanation:
The objectives of the 'Closing a Project' process in PRINCE2 include ensuring that provisions are made for ongoing benefit realization reviews (objective 1) and handing over any ongoing issues, including unresolved risks or threats, to operational maintenance or support teams (objective 4). This process is about wrapping up the project cleanly, ensuring that all project objectives related to closure are met, and preparing for the sustained realization of benefits post-project.
= PRINCE2 7 Foundation Training Manual and official PRINCE2 website documentation
NEW QUESTION # 151
What product would enable the Project Manager to review how a Work Package is performing against its cost tolerance?
- A. Quality Register
- B. Configuration Item Record
- C. Highlight Report
- D. Checkpoint Report
Answer: C
Explanation:
The Highlight Report in PRINCE2 is used by the Project Manager to review the performance of a Work Package against its cost tolerance, among other factors. This report provides the Project Board with a summary of the stage status, and is a key tool for monitoring overall project progress, including financial performance. References: PRINCE2 Foundation manual, PRINCE2 official resources
NEW QUESTION # 152
......
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