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PRINCE2 (PRojects IN Controlled Environments) is a widely recognized and highly valued project management methodology that is used worldwide. The PRINCE2 methodology is designed to provide a structured approach to project management, allowing organizations to deliver projects on time, within budget, and to the required quality. The PRINCE2 methodology is built on seven principles, seven themes, and seven processes. PRINCE2 Foundation certification is an entry-level certification that provides an understanding of the PRINCE2 methodology and its application in project management.
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EXIN PRINCE2 7 Foundation written Exam Sample Questions (Q91-Q96):
NEW QUESTION # 91
Which is a purpose of the Starting up a Project process?
- A. Provide information so a decision can be made as to whether a project is viable and worthwhile to initiate
- B. Define the project controls
- C. Define the means of communication between the project and corporate or programme management
- D. Record any identified risks in the Risk Register
Answer: A
Explanation:
Explanation/Reference:
NEW QUESTION # 92
Which is NOT a purpose of a Benefits Review Plan?
- A. Define the scope, timing and ownership of the benefit reviews required
- B. Describe how to measure and confirm any benefits that are to be realised after the project is closed
- C. Describe how to measure the performance of the project's products in operational use
- D. Define the period over which the cost-benefit analysis will be based
Answer: D
Explanation:
Section: Volume A
NEW QUESTION # 93
Which risk response is applied on a pain/gain basis?
- A. Enhance
- B. Exploit
- C. Accept
- D. Share
Answer: D
Explanation:
Section: Volume B
Explanation/Reference: https://www.prince2primer.com/prince2-2017-risk-responses-and-planning/
NEW QUESTION # 94
Which describes a risk event?
- A. The area of uncertainty in terms of the threat or opportunity
- B. The derivation or sources of a potential risk to the project
- C. The achievement of a milestone on the project plan
- D. The sequence of events and actions that will be put in place if a risk occurs
Answer: A
Explanation:
Explanation
Reference http://prince2.wiki/Risk
NEW QUESTION # 95
Which is a purpose of a Risk Register?
- A. Record how risk management activities will be undertaken on the project
- B. Capture risks that may occur during the project
- C. Capture issues which are impacting on the delivery of the project objectives
- D. Record the risk tolerance for the project
Answer: B
Explanation:
The purpose of a Risk Register in PRINCE2 is to capture all the risks that may impact the project throughout its duration. It serves as a tool to document the details of each identified risk, including their nature, potential impact, and proposed responses. This register is continuously updated as new risks are identified and as existing risks evolve or are resolved.References: PRINCE2 7 Foundation handbook and official documents.
NEW QUESTION # 96
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