Foundation Exam Questions – Part 3 

Foundation Exam Questions – Part 3

Which of the following is a baseline management product?

1. Benefits Management Approach
2. Issue Register
3. Highlight Report
4. Products Status Account

How does the Business Case theme support the continued business justification principle?

1. Allows projects not delivering direct benefits to proceed without a Business Case
2. Removes the need for a separate Business Case where a project is part of a programme
3. Mandates that even the simplest of projects should have a Business Case
4. Ensures a new Business Case is created at the end of each stage to confirm the viability of the next stage

What is a purpose of the Benefits Management Approach?

1. Documents the justification for the undertaking of a project
2. Describes only residual benefits and those that could not be achieved during the lifecycle of the project
3. Provides a schedule of activities to measure achievement of those benefits which could not be measured during the project
4. Provides the Timescales over which the benefits will be realized, for entry into the Business Case

What would you NOT find in a Business Case?

1. Major potential threats to the expected costs and benefits
2. Details of the existing situation, how this needs to change and why
3. A forecast of what will happen if the project is not approved
4. The names of those people responsible for achieving the benefits

Which role is responsible for capturing the customer’s quality expectations?

1. Project Manager
2. Executive
3. Senior Supplier
4. Senior User

Which fact is true of Project Assurance but not quality assurance?

1. Responsible for monitoring the conduct of the project
2. Independent of the Project Manager
3. Appointed as part of the project management team
4. Responsible for reviewing the project for compliance with corporate standards

Which is a purpose of the Organization theme?

1. Establish tolerances around the resources utilized on the project
2. Provide project management training to those working within the project
3. Establish a structure of accountability and responsibility for the project
4. Implement the controls required to permit management by exception

Who represents the ‘delivering’ level on the project management team?

1. Project Board
2. Project Manager
3. Team Manager
4. Project Support

Identify the missing words in the following sentence:

If a Project Manager has the appropriate specialist skills and knowledge, there may be no need to appoint [ ? ] to the project.

1. Senior Supplier(s)
2. Team Manager(s)
3. Project Assurance
4. Senior User(s)

Which statement is true for project stakeholders?

1. Some have decision-making authority within the project environment
2. All are external to the corporate organization
3. All are internal to the project management team structure
4. None have decision-making authority within the project environment

When does PRINCE2 say the project management team should be considered for updating?

1. As and when new stakeholders are identified
2. When planning a quality review, the producer, reviewer(s), chair and administrator will need to be added
3. At the end of each stage, when preparing the Stage Plan for the next stage
4. During product creation, if a member of the delivery team is not available and has to be replaced

ANSWERS

Which of the following is a baseline management product?

1. Benefits Management Approach
2. Issue Register
3. Highlight Report
4. Products Status Account

How does the Business Case theme support the continued business justification principle?

1. Allows projects not delivering direct benefits to proceed without a Business Case
2. Removes the need for a separate Business Case where a project is part of a programme
3. Mandates that even the simplest of projects should have a Business Case
4. Ensures a new Business Case is created at the end of each stage to confirm the viability of the next stage

What is a purpose of the Benefits Management Approach?

1. Documents the justification for the undertaking of a project
2. Describes only residual benefits and those that could not be achieved during the lifecycle of the project
3. Provides a schedule of activities to measure achievement of those benefits which could not be measured during the project
4. Provides the Timescales over which the benefits will be realized, for entry into the Business Case

What would you NOT find in a Business Case?

1. Major potential threats to the expected costs and benefits
2. Details of the existing situation, how this needs to change and why
3. A forecast of what will happen if the project is not approved
4. The names of those people responsible for achieving the benefits

Which role is responsible for capturing the customer’s quality expectations?

1. Project Manager
2. Executive
3. Senior Supplier
4. Senior User

Which fact is true of Project Assurance but not quality assurance?

1. Responsible for monitoring the conduct of the project
2. Independent of the Project Manager
3. Appointed as part of the project management team
4. Responsible for reviewing the project for compliance with corporate standards

Which is a purpose of the Organization theme?

1. Establish tolerances around the resources utilized on the project
2. Provide project management training to those working within the project
3. Establish a structure of accountability and responsibility for the project
4. Implement the controls required to permit management by exception

Who represents the ‘delivering’ level on the project management team?

1. Project Board
2. Project Manager
3. Team Manager
4. Project Support

Identify the missing words in the following sentence:

If a Project Manager has the appropriate specialist skills and knowledge, there may be no need to appoint [ ? ] to the project.

1. Senior Supplier(s)
2. Team Manager(s)
3. Project Assurance
4. Senior User(s)

Which statement is true for project stakeholders?

1. Some have decision-making authority within the project environment
2. All are external to the corporate organization
3. All are internal to the project management team structure
4. None have decision-making authority within the project environment

When does PRINCE2 say the project management team should be considered for updating?

1. As and when new stakeholders are identified
2. When planning a quality review, the producer, reviewer(s), chair and administrator will need to be added
3. At the end of each stage, when preparing the Stage Plan for the next stage
4. During product creation, if a member of the delivery team is not available and has to be replaced

PRINCE2  Foundation Masterclass

4.3

What will I learn?

Prepare for your PRINCE2 Foundation Exam with our famous online training Masterclass.  Our famous self-study video course contains all the training and materials you need to attain your Foundation Qualification in PRINCE2 – without attending a classroom!

• The Foundation of all PRINCE2 Projects
• Current PRINCE2 2017 Syllabus
• Master Key Concepts in PRINCE2 projects
• Master PRINCE2 Principles
• Master PRINCE2 Themes and Processes