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The PR2F certification exam is a 60-minute multiple-choice exam consisting of 60 questions. The passing score for the exam is 55%, and it can be taken online or at a testing center. PR2F exam fee varies depending on the location and the provider. Candidates who pass the exam receive a digital badge and a certificate that demonstrates their knowledge and understanding of the PRINCE2 methodology.
The PRINCE2 Foundation Exam is an entry-level exam that is designed for individuals who are new to project management or who have little or no experience in managing projects. PR2F exam is suitable for project managers, team members, business analysts, consultants and anyone else who is interested in learning about the PRINCE2 methodology. PR2F exam is also a prerequisite for the PRINCE2 Practitioner Exam, which is the next level of certification in the PRINCE2 framework.
The PRINCE2 Foundation Exam consists of 60 multiple-choice questions, which must be completed within 60 minutes. PR2F exam is closed-book, meaning that candidates are not allowed to bring any study materials or notes into the exam room. In order to pass the exam, candidates must score at least 55% (33 out of 60) on the exam.
NEW QUESTION # 98
According to the 'manage by exception' principle, which statement about tolerances is CORRECT?
- A. Whenever there is a forecast to exceed a tolerance, it should be escalated to the project board
- B. Whenever authority is delegated to the team manager, the focus should be on delivering within time and cost tolerances
- C. Whenever there is a forecast to exceed a tolerance, it should be resolved at the next monthly project board meeting
- D. Whenever authority is delegated to the project manager, the project board should set tolerances for the stage
Answer: A
Explanation:
According to the 'manage by exception' principle in PRINCE2, when any forecast indicates that tolerances are likely to be exceeded, this issue must be escalated to the project board for decision-making. This principle supports efficient use of management time by only involving them when necessary, such as when predefined thresholds are anticipated to be breached.References: PRINCE2 7 Foundation handbook and documentation on the 'manage by exception' principle.
NEW QUESTION # 99
Which are purposes of the quality theme?
1. To implement continuous improvement during the project
2. To establish how the project will ensure that products created will be acceptable to key stakeholders
3. To ensure that the project is desirable and achievable
4. To identify, assess and control uncertainty
- A. 1 and 2
- B. 1 and 4
- C. 2 and 3
- D. 3 and 4
Answer: C
Explanation:
Section: Volume B
Explanation/Reference: https://www.whatisprince2.net/prince2-theme-quality.php
NEW QUESTION # 100
What process aims to ensure accurate progress information is provided to the Project Manager?
- A. Directing a Project
- B. Starting up a Project
- C. Managing Product Delivery
- D. Managing a Stage Boundary
Answer: C
Explanation:
Section: Volume A
NEW QUESTION # 101
What is described as an organization's unique attitude towards risk taking
- A. Risk evaluation
- B. Risk tolerance
- C. Risk appetite
- D. Risk management
Answer: C
Explanation:
An organization's unique attitude towards risk-taking is described as its 'Risk appetite'. Risk appetite defines the level and type of risk that an organization is willing to pursue or retain. This concept is critical in guiding how risks are managed across projects, as it influences decision-making and strategy regarding risk exposure.References: PRINCE2 7 Foundation study guide and official documents.
NEW QUESTION # 102
Why can PRINCE2 be applied to any type of project?
- A. Because it provides the project manager with a planning procedure to plan the project more effectively
- B. Because it separates the management of the project from the specialist work needed to deliver the products
- C. Because it allows each member of the project management team to fully understand their role and responsibilities
- D. Because it provides the project manager with procedures for managing project risks and issues
Answer: B
Explanation:
PRINCE2 can be applied to any type of project because it separates the management of the project from the specialist work needed to deliver the products. This separation allows PRINCE2 to be flexible and adaptable to different industries and project types, as it focuses on the universal aspects of project management rather than specifics of the work content.References: PRINCE2 7 Foundation handbook and official documents.
NEW QUESTION # 103
Which of the following can be done to control the size of the Project Board on a project that involves multiple users and suppliers?
- A. Create a separate Project Board to manage the supplier elements of the project
- B. Appoint corporate quality assurance to perform the Project Assurance role for all members of the Project Board
- C. Create multiple smaller Project Boards during the process of Starting up a Project, one for each of the project's stages.
- D. Create user and supplier groups
Answer: D
NEW QUESTION # 104
Why would the Project Manager escalate an issue to the Project Board?
- A. Direction is required on the best response for preventing the issue from occurring
- B. The issue is forecast to cause a deviation beyond stage tolerance and advice is required
- C. The Project Board is responsible for determining the priority of all issues
- D. Escalating issues is a means of providing the Project Board with a regular update on their status
Answer: B
NEW QUESTION # 105
Which is NOT considered when defining risk tolerance?
- A. The allocated risk budget
- B. A Project Board's attitude towards risk taking
- C. An organization's risk appetite
- D. The amount of risk a Project Board considers acceptable
Answer: A
NEW QUESTION # 106
Which level of management sets the project level tolerances?
- A. Project board
- B. Team manager
- C. Corporate, programme management or the customer
- D. Project manager
Answer: D
Explanation:
Reference http://prince2.wiki/Manage_by_exception
NEW QUESTION # 107
Which process provides the Project Board with the information it requires in order to commit
resources to the project?
- A. Directing a Project
- B. Initiating a Project
- C. Managing Product Delivery
- D. Controlling a Stage
Answer: B
NEW QUESTION # 108
Which member of the project management team should secure funding for the project before the project stars?
- A. senior supplier
- B. Project manager
- C. Senior user
- D. Project executive
Answer: D
Explanation:
In PRINCE2, the Project Executive is responsible for the overall success of the project, which includes securing the necessary funding before the project begins. This role is part of the project board and has the authority to commit organizational resources and funds, ensuring that the project is financially viable from start to finish.
= PRINCE2 7 Foundation Training Manual and official PRINCE2 website documentation
NEW QUESTION # 109
Which is a type of issue?
- A. A lesson
- B. An Exception Report
- C. A request for change
- D. A risk with an estimated high impact
Answer: C
NEW QUESTION # 110
Which of the following describes a use of a Configuration Item Record?
- A. Identify the techniques and procedures required within the Work Package
- B. Record the change in a product's status
- C. Record the reporting requirements for the Work Package
- D. Define the identification scheme to be applied to the project
Answer: B
NEW QUESTION # 111
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.
- A. Time-driven controls
- B. Stakeholder interests
- C. Plan
- D. Management strategies
Answer: C
NEW QUESTION # 112
Which is a purpose of a quality register?
- A. To record cross-references to issues relating to the quality of the products
- B. To capture quality concerns about completed products
- C. To provide the status of quality activities carried out for completed products
- D. To record the date a completed work package was received
Answer: D
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 113
Which is a purpose of the 'controlling a stage' process?
- A. To obtain approvals for products delivered in a work package
- B. To update a project plan to incorporate the actuals from a stage plan
- C. To select and implement actions that will resolve deviations from a plan within tolerance
- D. To produce a team plan for the work to be assigned to a team manager
Answer: C
Explanation:
Section: Volume B
Explanation/Reference: http://prince2.wiki/Controlling_a_Stage#Purpose
NEW QUESTION # 114
Which is a true statement about management stages and technical stages?
- A. Technical stages create products, management stages do NOT
- B. Technical stages can overlap but management stages CANNOT
- C. Management stages require quality control, technical stages do NOT
- D. Management stages are the responsibility of the Project Manager, technical stages are
NOT
Answer: B
NEW QUESTION # 115
Which process provides the Project Board with sufficient information for it to review the success of a completed stage and confirm continued business justification?
- A. Directing a Project
- B. Closing a Project
- C. Managing a Stage Boundary
- D. Controlling a Stage
Answer: C
Explanation:
Section: Volume B
NEW QUESTION # 116
Which common project context relates to the need to engage with external suppliers to deliver part of the project?
- A. Scale
- B. Delivery method
- C. Commercial
- D. Organizational
Answer: C
Explanation:
The need to engage with external suppliers for delivering parts of the project is commonly related to the
'Commercial' project context in PRINCE2. This context involves considerations around contractual arrangements, procurement, and the management of supplier relationships which are crucial for projects relying on external vendors for key components or services.
(PRINCE2 7 Foundation Handbook, AXELOS)
NEW QUESTION # 117
The project board needs to review whether the investment remains justified as the project progresses according to plan.
Which principle is being applied by the 'business case' practice when the project board undertakes this review?
- A. Tailor to suit the project
- B. Focus on products
- C. Manage by stages
- D. Manage by exception
Answer: C
Explanation:
When the project board reviews whether the investment remains justified as the project progresses, this application of the 'manage by stages' principle is evident. This principle ensures that at the end of each stage, the project board reassesses the business case and the viability of the project before deciding to continue with the next stage.References: PRINCE2 7 Foundation resources on the 'manage by stages' principle.
NEW QUESTION # 118
Which is a purpose of the Starting up a Project process?
- A. Record any identified risks in the Risk Register
- B. Provide information so a decision can be made as to whether a project is viable and worthwhile to initiate
- C. Define the project controls
- D. Define the means of communication between the project and corporate or programme management
Answer: B
NEW QUESTION # 119
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