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PRINCE2 7 Foundation written Exam Sample Questions (Q437-Q442):

NEW QUESTION # 437
Which statement about the length of management stages in a project is CORRECT?

A. Use of management stages represents a time driven control
B. Stage length is influenced by project board availability
C. A higher level of major risk will require a stage to be shorter
D. A higher level of major risk will require a stage to be longer

Answer: B

Explanation:
The length of management stages in a PRINCE2 project can be influenced by the availability of the project board to review and approve key decisions at stage boundaries. This ensures that stages are planned around when decision-makers can participate and provide necessary guidance or approvals.References: = PRINCE2 7 Foundation handbook and online resources

NEW QUESTION # 438
Why is a Project Brief produced?

A. To be used by the Project Board as a basis for reviewing the progress of a project
B. To provide a full and firm foundation for the initiation of a project
C. To record the strategies and management controls to be used by a project
D. To act as a trigger for the Starting up a Project process

Answer: B

Explanation:
A Project Brief is produced to provide a full and firm foundation for the initiation of a project. This document outlines the project's objectives, scope, constraints, expected benefits, and structure of the project management team. It serves as the basis for the next process, Initiating a Project, where more detailed planning and definition of the project take place.
PRINCE2 7 Foundation handbook and official documents.

NEW QUESTION # 439
Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.

A. Transfer
B. Reduce
C. Share
D. Avoid

Answer: C

NEW QUESTION # 440
Identify the missing words in the following sentence. A risk budget is a sum of money included in the [ ? ] and set aside to fund specific management responses to a project's threats and opportunities.

A. project's risk tolerance
B. project's cost tolerance
C. change budget
D. project budget

Answer: D

Explanation:
A risk budget is a specific amount of money set aside within the project budget to address potential threats and opportunities. This allocation is used to fund the specific management responses required to mitigate identified risks. References: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.

NEW QUESTION # 441
What do acceptance criteria identify?

A. The approach that will be used to prove whether the project's products have been completed
B. The measureable definitions of the attributes for a set of products to be acceptable to key stakeholders
C. A measureable improvement resulting from a project outcome
D. The project controls set up during the process Initiating a Project

Answer: B

NEW QUESTION # 442
......

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Ella Roberts Ella Roberts

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