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Which describes the 'Implement' step within the recommended risk management procedure?

Project Support will allocate the risk budget to fund the selected risk responses
The risk owner will decide the best response to control the risk
The risk owner and the risk actionee will carry out activities to control and deal with the risk
The Project Manager will formulate the RiskManagement Strategy

Which is a type of issue?

An expected dis-benefit
An off-specification
A project outcome
A scope tolerance

Which PRINCE2 integrated element includes the good practices which determine whether a project is genuinely being managed using PRINCE2?

Principles
Processes
Tailoring PRINCE2 to the project environment
Themes

Which of the following describes a use of a Configuration Item Record?

Define the identification scheme to be applied to the project
Identify the techniques and procedures required within the Work Package
Record the change in a product's status
Record the reporting requirements for theWork Package

Which two statements are key responsibilities of supplier representative? 1. They highlight areas that the project may impact from a technical perspective. 2. They are partially assigned to the delivery team. 3. They create the project's specialist products. 4. They prioritize requirements.

1 and 2
2 and 3
3 and 4
1 and 4

Which is the purpose of the controlling stage process?

To execute and deliver the project product
To establish whether the project is complete
To report stage progress to the project board
To draft the plan for the next stages work

Which statement explains how the learn from experience principle is applied in an agile context?

It focuses on the prioritization and decomposition of requirements
It integrates releases within management stages
It is supported by the inspect and adapt concept
It provides guidance on mapping PRINCE2 roles to an agile environment

Why is Lean Startup included in the starting up of a project process in PRINCE2 Agile?

Because it explains how a small company can grow using traditional technologies
Because it is designed to manage projects, delivering products in timeboxes
Because it enables agile to be used in challenging and uncertain situations
Because running a project and setting up a new business are the same

Which process provides the Project Board with the information it requires in order to commit resources to the project?

Managing Product Delivery
Initiating a Project
Controlling a Stage
Directing a Project

When are tolerances for a Work Package agreed?

When accepting a Work Package
As work on each product within the Work Package begins
Once ail products have been developed and approved
When the Stage Plan is authorized by the Project Board

Which is a purpose of the Risk theme?

Establish a procedure to ensure every change is agreed by the relevant authority before it takes place
Establish a cost-effective procedure to identify, assess and control uncertainty
Establish mechanisms to control any unacceptable deviations from plan
Establish mechanisms to manage risks at the corporate or programme level of an organization

Which of the following is NOT a purpose of the Closing a Project process?

Plan the activities required to close a project
Enable a comparison of the original objectives of a project against what was actually achieved
Enable premature closureif the Project Board request that a project should no longer continue
Provide a fixed point at which acceptance for the project product is confirmed

Which risk response type is appropriate to respond to an opportunity?

Accept
Fallback
Exploit
Transfer

If an informal issue is defined as a problem or concern, where should it first be recorded?

Issue Register
Risk Register
Daily Log
Exception Report

Which of the following statements about lines of authority and reporting are true? 1. The Project Manager has day-to-day control for a management stage within the limits laid down by the Project Board. 2. If a Team Manager forecasts a deviation beyond Work Package tolerances, this should be referred to the Project Manager down by the Project Board.

Only 1 is true
Only 2 is true
Both 1 and 2 are true
Neither 1 or 2 are true

Identify the missing word(s) in the following sentence, PRINCE2 recommends three levels of [?] to reflect the needs of the different levels of management involved in a project,

Management strategies
Plan
Stakeholder interests
Time-driven controls

Which statement describes the Kanban approach?

It is used to make system improvements using visualization and by controlling work in progress
It is an iterative timeboxed approach that helps teams generate value
It was originally focused in creating new companies and is now used to speed up product delivery
It has defined processes, products and roles used to iteratively deliver outputs using timeboxing

Which product identifies the management stages and timescales of a project?

Project Brief
Project Product Description
Project Plan
Initiation Stage Plan

Which of the following is NOT part of quality planning?

Define quality responsibilities
Gain acceptance of the project product
Agree acceptance criteria
Set quality tolerances

What information is NOT typically displayed on a burn chart?

Effort remaining
Definition of ready
Actual amount of work done
Amount of time elapsed

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