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PRINCE2-7-Foundation Exam Questions
- Topic 1: Understand key concepts relating to projects and PRINCE2: In this PRINCE2-7-Foundation exam topic, aspiring project managers recall and describe key concepts related to project management.
- Topic 2: Understand how the PRINCE2 principles underpin the PRINCE2 method: The topic measures the knowledge of project managers about the principles that provide the basis of applying PRINCE2.
- Topic 3: Understand the importance of people in successful projects: Project managers who attempt the PRINCE2 7 Foundation exam learn the difference between concepts related to the people element in this topic. They also get knowledge about the purpose of the management products and the key concepts related to the people element.
- Topic 4: Understand the PRINCE2 practices and how they are applied throughout the project: This topic is all about the purposes of different practices, including plans, quality, issues, and risk.
- Topic 5: Understand the PRINCE2 processes and how they are carried out throughout the project: The PRINCE2-7-Foundation exam evaluates the knowledge of project managers about the purpose, objectives, and context of the PRINCE2 processes.
Free PRINCE2 PRINCE2-7-Foundation Exam Actual Questions
Note: Premium Questions for PRINCE2-7-Foundation were last updated On Nov. 15, 2024 (see below)
What does qualitative analysis of a risk assess, as a minimum?
Qualitative analysis of a risk in PRINCE2 assesses, at a minimum, the likelihood of each risk occurring and its potential impact on project objectives. This analysis helps in prioritizing risks based on their severity and likelihood, which is crucial for effective risk management and decision-making about risk responses. Reference: (PRINCE2 7 Foundation Handbook, AXELOS)
The project manager has asked for a report to check whether there are any conflicts between the agreed state of the products and the actual
products being worked on.
Which part of effective issue management is the project manager applying?
In PRINCE2, baselines are used to establish a reference point for the agreed state of products, against which actual progress can be compared and managed. By requesting a report to check for conflicts between the agreed and actual states of products, the project manager is effectively applying the concept of baselines within issue management. This helps in identifying deviations from the agreed deliverables and initiating corrective actions to address these discrepancies. Reference: (PRINCE2 7 Foundation Handbook, AXELOS)
The project manager needs to know whether the response to a threat to the project has been actioned.
Which should the project manager review?
To know whether the response to a threat has been actioned, the project manager should review the Risk Register. The Risk Register contains details about each identified risk, including the planned responses and their current status. It provides a comprehensive overview of how risks are being managed and whether the responses have been implemented as planned. Reference: (PRINCE2 7 Foundation Handbook, AXELOS)
The project manager needs to confirm that operational teams are responsible for the running of the outputs.
During which step of the 'organizational design and development' technique should the project manager ensure this?
The project manager needs to ensure that operational teams are responsible for running the project outputs during the step 'Transition the project into the organizational ecosystem'. This step involves integrating the project outcomes into the regular functions of the organization, ensuring that operational teams are prepared and accountable for maintaining and managing the project's outputs post-project completion. Reference: (PRINCE2 7 Foundation Handbook, AXELOS)
According to the 'exception management technique, which roles are MOST LIKELY to identity issues that exceed stage tolerances?
Under the 'exception management technique' in PRINCE2, the roles most likely to identify issues that exceed stage tolerances are the Project Executive and the Project Manager. The Project Manager monitors the project's progress against its plans and will identify any deviations that might breach the set tolerances. The Project Executive, being accountable for the project's overall success, also plays a crucial role in overseeing tolerance thresholds and taking appropriate actions when these are exceeded. Reference: (PRINCE2 7 Foundation Handbook, AXELOS)
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