PRINCE2 Prince2-Practitioner Exam Dumps

Which of the following statements is NOT correct?The Learn from Experience principle suggests that lessons should be actively sought...

A. When Starting a Project
B. When Initiating a Project
C. As the project progresses
D. As the project closes

Answer: B

It is now late October and the project is in stage 3. The label design competition has been held and the photosof the staff have been taken. The CEO and Marketing Director still need to choose the winning label designand the 12 photos for the calendar. However, the Executive has learned that two competitors are issuingcalendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of theoptions the Project Manager has presented to the Project Board is to close the project prematurely.There are a number of key facts relating to this project that would need to be recorded if the project Y-e to beclosed now.Which product should show that the project has been closed prematurely and has not achieved the objectivesdefined in the Project Initiation Documentation (PID)?

A. Benefits Review Plan
B. End Project Report
C. Exception Report
D. Project closure notification

Answer: B

It is now late October and the project is in stage 3. The label design competition has been held and the photosof the staff have been taken. The CEO and Marketing Director still need to choose the winning label designand the 12 photos for the calendar. However, the Executive has learned that two competitors are issuingcalendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of theoptions the Project Manager has presented to the Project Board is to close the project prematurely.There are a number of key facts relating to this project that would need to be recorded if the project Y-e to beclosed now.Which product should show that without the calendar the company is going to experience difficultiesrecovering its decline in orders, and alternative solutions are required if the company is going to recover itsposition?

A. Benefits Review Plan
B. Exception Report
C. End Project Report
D. Risk Register

Answer: C

It is now late October and the project is in stage 3. The label design competition has been held and the photosof the staff have been taken. The CEO and Marketing Director still need to choose the winning label designand the 12 photos for the calendar. However, the Executive has learned that two competitors are issuingcalendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of theoptions the Project Manager has presented to the Project Board is to close the project prematurely.There are a number of key facts relating to this project that would need to be recorded if the project Y-e to beclosed now.Which product should show that the staff photo sessions were disruptive to the Engineering Department asthey had been scheduled during peak work times without consultation with the Engineering Manager?

A. Follow-on action recommendations
B. Lessons Report
C. Project closure notification
D. Risk Register

Answer: B

It is now late October and the project is in stage 3. The label design competition has been held and the photosof the staff have been taken. The CEO and Marketing Director still need to choose the winning label designand the 12 photos for the calendar. However, the Executive has learned that two competitors are issuingcalendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of theoptions the Project Manager has presented to the Project Board is to close the project prematurely.There are a number of key facts relating to this project that would need to be recorded if the project Y-e to beclosed now.Which product should show that if anybody has any remaining resource costs to be charged to the project, theyshould ensure this is done by 10 November?

A. Benefits Review Plan
B. End Project Report
C. Follow-on action recommendations
D. Project closure notification

Answer: D

Which of the following principles describes this statement?"xxx defines tolerances for each project objective to establish limits of delegated authority"

A. Manage by stages
B. Focus on products
C. Manage by exception
D. Learn from experience

Answer: C

Which of the following statements is FALSE regarding the Continued Business Justification?

A. The justification for the project must remain the same throughout the project
B. The justification for the project should remain valid
C. The justification for the project may change
D. If the project is no longer justified it should be stopped

Answer: B

It is now late October and the project is in stage 3. The label design competition has been held and the photosof the staff have been taken. The CEO and Marketing Director still need to choose the winning label designand the 12 photos for the calendar. However, the Executive has learned that two competitors are issuingcalendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of theoptions the Project Manager has presented to the Project Board is to close the project prematurely.There are a number of key facts relating to this project that would need to be recorded if the project Y-e to beclosed now.Which product should register that the risk of a competitor producing a calendar at the same time was identified at the beginning of the project but the assessment of this risk appears to have been poor?

A. Issue Register
B. Follow-on action recommendations
C.Lessons Report
D. Risk Register

Answer: C

It is now late October and the project is in stage 3. The label design competition has been held and the photosof the staff have been taken. The CEO and Marketing Director still need to choose the winning label designand the 12 photos for the calendar. However, the Executive has learned that two competitors are issuingcalendars to MNO's customers by the middle of November. After analyzing the impact of this Issue, one of theoptions the Project Manager has presented to the Project Board is to close the project prematurely.There are a number of key facts relating to this project that would need to be recorded if the project Y-e to beclosed now.Which product should show that the photos could be used for other promotional material for the company?

A. Benefits Review Plan
B. Lessons Log
C. Exception Report
D. End Project Report

Answer: D

Which of the following principles uses Product Descriptions to provide clarity by defining each product'spurpose, composition, derivation, format, quality criteria and quality method?

A. Tailor to suit the project environment
B. Focus on products
C. Manage by stages
D. Continued business justification

Answer: B

Which statement best explains the purpose of Tailor to suit the project environment?

A. Ensure project controls are based on project's scale, complexity, importance, capability and risk
B. To use a set of pre-defined templates for the size of project
C. To tailor the use of the principles to suit the project
D. To pick which PRINCE2 processes to apply and which to leave out

Answer: A

As a result of experiences on previous projects, a change authority has been established for the Health andSafety Training Project. A key client for the training materials has a representative on the project board.Should their interests be represented within the change authority for the project, and why?

A. Yes, because this will give them a better understanding of the training materials.
B. Yes, because a change authority should consider external stakeholder needs.
C. No, because the change authority should be internal to the ABC organization.
D. No, because their project board member will be able to agree any required changes.

Answer: D

As a result of experiences on previous projects, a change authority has been established for the Health andSafety Training Project. A key client for the training materials has a representative on the project board.Should their interests be represented within the change authority for the project, and why?

A. Yes, because this will give them a better understanding of the training materials.
B. Yes, because a change authority should consider external stakeholder needs.
C. No, because the change authority should be internal to the ABC organization.
D. No, because their project board member will be able to agree any required changes.

Answer: D

During previous projects, stakeholders became confused when using a number of separate project registers.Therefore, when preparing the risk management approach, the project manager created a risk register templateand added it to an integrated project register. This register is a spreadsheet that includes project assumptions,issues, dependencies, and now risks, on separate pages.Is this appropriate for a risk register, and why?

A. Yes, because the project registers should be tailored to meet the needs of the organization.
B. Yes, because risks are often identified as a result of issues being raised.
C. No, because an integrated project register should include the quality register as well.
D. No, because assumptions and dependencies are sources of risk.

Answer: C

The Sales Director would like to add a new company logo to the 'marketing material'. The change to theproject scope has been approved by the project board. It is expected to delay product and stage completiondate by 3 days and cost £900. The stage 2 cost tolerance of +£1,000 has not been used. The change budget of£500 has not been used.Which option describes how this change should be funded?

A. £400 of the stage 2 cost tolerance and the £500 change budget should be used.
B. £900 needed for the change should be taken from the stage 2 cost tolerance.
C. £900 of additional funding will need to be requested to pay for the change.
D. £400 will need to be requested in addition to the £500 change budget.

Answer: D

The project board has asked user and supplier assurance to review all product descriptions relating to the'updated corporate quality procedures', prior to authorizing the stage plan for stage 3.Is this appropriate as part of the 'directing a project' process, and why?

A. Yes, because project assurance should assess whether all stakeholders have been identified, if requested by the project board.
B. Yes, because project assurance should review the stage 3 plan for viability, if requested by the project board.
C. No, because the project manager is responsible for writing product descriptions when creating the stage 3 plan.
D. No, because the project board should review new product descriptions before they authorize the stage 3 plan.

Answer: D

The project is in stage 3. Zero time tolerance has been given for this stage. When checking progress, theproject manager noticed that the checkpoint report from the external supplier of the 'e-learning course' is late.As work package progress information is missing, the project manager has decided to raise an exceptionreport.Is this an appropriate action, and why?

A. Yes, because an exception report should be used to request guidance on how this situation should be handled
B. Yes, because there is zero time tolerance for this stage the checkpoint report must be delivered on time.
C. No, because the project manager should check the operations and maintenance interfaces in the work package first.
D. No, because the team plan should be discussed with the supplier to check whether work will be completed on time.

Answer: A

The 'capability to provide health and safety training' has been delivered. During the 'closing a project' process,the marketing department sent an e-mail to all key customers reminding them of the deadline to comply withthe new government legislation, with an aim to build relationships with their customers.Which theme is being applied?

A. Risk.
B. Organization.
C. Plans.
D. Change.

Answer: B

The executive has asked the project manager to plan for the 'e-learning course' to be used as soon as it isaccredited. The aim is to start selling the 'e-learning course' while the remainder of the outputs relating toclassroom-based delivery are finished. The sales of the 'e-learning course' will be entered into the businesscase.Why is the executive's decision to deliver the benefits early appropriate for managing the business case?

A. Because organizations with mature project management often include the early justification for the project in the business case.
B. Because the outputs being delivered incrementally will be beneficial and will allow the business case to be justified.
C. Because one of the PRINCE2 principles is that a project should focus on products to deliver the outputs early.
D. Because the business case should be updated after every increment of the 'e-learning course'.

Answer: C

CLOSING A PROJECTThe Health and Safety Training Project is part of a strategic program for ABC. The updated benefitsmanagement approach needs to be checked when the products are being handed over. This check shouldensure that it includes appropriate activities to assess whether the actual course sales meet the agreed forecastin the business case.Which role should undertake this review as part of the 'closing a project' process?

A. Program management.
B. Project board.
C. Project manager.
D. Project assurance.

Answer: C