Prince 2 - 2 Flashcards
Which statement about controls is CORRECT?
A. A highlight report is an event-driven control
B. An exception report is a time-driven control
C. A daily log is an event-driven control
D. A checkpoint report is a time-driven control
Correct. A team manager prepares a checkpoint report
for the project manager at a predefined frequency.
Therefore, checkpoint reports are a time-driven control.
Which document is used to identify interested parties that need to be informed of project
closure?
A. Change control approach
B. End project report
C. Communication management approach
D. Project brief
C. Correct. A communication management approach
contains a description of the means and frequency of
communication to parties both internal and external to
the project. R
Identify the missing words in the following sentence.
Any change to the products agreed at the start of a stage is monitored as part of the [ ? ]
process, on a day-to-day basis.
A. directing a project
B. controlling a stage
C. managing a stage boundary
D. closing a project
B. Correct. An objective of the ‘controlling a stage’
process is to ensure attention is focused on delivery of
the stage’s products. Any movement away from the
direction and products agreed at the start of the stage is
monitored to avoid uncontrolled change and loss of
focus. The ‘controlling a stage’ process describes the
work of the project manager in handling the day-to-day
management of the stage
Which two statements about the ‘continued business justification’ principle are CORRECT?
1. The business justification for a project should be documented.
2. The project manager should be responsible for the business justification.
3. A project must be stopped if the business justification changes.
4. Compulsory projects still require business justification.
A. 1 and 2
B. 2 and 3
C. 3 and 4
D. 1 and 4
D. Correct.
(1) PRINCE2 requires that, for all projects, the business
justification is recorded and approved. Ref 3.1
(4) Even compulsory projects should be supported by a
business justification that demonstrates value for
money. Ref
PRINCE2 mandates that the project board represents the primary stakeholder interests.
Which principle does this follow?
A. Manage by stages
B. Focus on products
C. Defined roles and responsibilities
D. Learn from experience
C. Correct. Application of the ‘defined roles and
responsibilities’ principle ensures that a PRINCE2 project
has defined and agreed roles and responsibilities within
an organization structure that engages the business, user
and supplier stakeholder interests. R
When is it confirmed whether a project’s objectives have been achieved?
A. During the ‘closing a project’ process
B. During the final end stage assessment
C. During the ‘controlling a stage’ process
D. During the ‘managing product delivery’ process
A. Correct. The purpose of the ‘closing a project’ process
is to provide a fixed point at which acceptance of the
project product is confirmed, and to recognize that
objectives set out in the original project initiation
documentation have been achieved, or that the project
has nothing more to contribute. R
Which statement correctly describes project assurance and quality assurance?
A. Project assurance provides assurance to the project’s stakeholders whereas quality
assurance provides assurance to the wider corporate, programme or customer
organization
B. They are both the responsibility of the project board, but project assurance may be
delegated
C. They are both independent of the project management team
D. Project assurance and quality assurance are both the responsibility of corporate,
programme management or the customer
A. Correct. Quality assurance provides assurance to
corporate, programme management or customer on the
project’s compliance with relevant corporate,
programme management or customer standards and
policies. Project assurance provides assurance to the
project’s stakeholders that the project is being conducted
properly. R
. Identify the missing words in the following sentence.
If a baselined product requires modification, the recommended [ ? ] procedure, or equivalent
procedure should be used.
A. risk management
B. exception management
C. issue and change control
D. quality control
C. Correct. This procedure identifies and controls changes
to baselined products. The PRINCE2 recommended issue
and change control procedure can be used, or an
equivalent procedure.
According to the ‘manage by exception’ principle, what should be defined to establish limits
of delegated authority?
A. Scope of the project
B. Costs of the project
C. Timescales for the project
D. Tolerances for the project
D. Correct. A PRINCE2 project has defined tolerances for
each project objective to establish limits of delegated
authority.
Which two statements are CORRECT about the minimum requirements for applying the
change theme?
1. Identified issues must be assessed for their impact on the business justification for the
project.
2. Project issues must be captured, examined and managed throughout the project
lifecycle.
3. The actual status of products must be verified to ensure that this matches the
authorized state.
4. A budget must be established to pay for requests for change and their analysis.
A. 1 and 2
B. 2 and 3
C. 3 and 4
D. 1 and 4
A. Correct.
(1) To be following PRINCE2, a project must, as a
minimum, assess whether identified issues might have a
material impact on the business justification of the
project (PRINCE2’s continued business justification
principle). Ref 11.2
(2) To be following PRINCE2, a project must, as a
minimum, ensure that project issues are captured,
examined, managed and reviewed throughout the
project lifecycle.
Which is a purpose of the ‘controlling a stage’ process?
A. To agree, perform and deliver project work
B. To draft a plan for the next stage
C. To agree tolerances for the stage
D. To take action so that the stage remains within tolerance
D. Correct. The purpose of the ‘controlling a stage’
process is to assign work, monitor it, deal with issues,
report progress and take corrective action to ensure that
the stage remains within tolerance.
What is likely to be avoided by applying the ‘tailor to suit the project’ principle?
A. Unnecessary management effort
B. Project risks
C. Training
D. Procurement procedures
A. Correct. If PRINCE2 is not tailored, it is unlikely that
the project management effort and approach would be
appropriate for the needs of the project. Tailoring
ensures the project management method used is
appropriate to the project’s environment. R
Which is a responsibility of the team manager role?
A. To accept authorized work packages from the project manager
B. To review the highlight report for the previous reporting period
C. To review the tailoring approach and its implications for project controls
D. To examine and escalate issues, taking necessary corrective actions
A. Correct. The team manager’s primary responsibility is
to ensure production of those products allocated by the
project manager. PRINCE2 uses work packages to allocate
work to team managers.
In which situation might the ‘controlling a stage’ process be used?
A. To manage a long initiation stage of a complex project
B. To manage the activities of a complex programme
C. To organize support activities following the handover of products to operations
D. To create an exception plan to replace the current stage plan
A. Correct. For complex projects with a large initiation
stage, the ‘controlling a stage’ process can be used to
control the activities. R
Which is a step in PRINCE2’s recommended approach to planning?
A. Identify activities and dependencies
B. Describe the means of communication for the project
C. Implement responses for opportunities
D. Baseline the project deliverables
A. Correct. ‘Identifying activities and dependencies’ is a
step in PRINCE2’s recommended approach to planning.
The step identifies the activities required to deliver a
planned product. R
What is an advantage of applying the ‘learn from experience’ principle?
A. It allows the project board to delegate cost tolerances to the project manager
B. It allows the project team to fully understand their roles and responsibilities
C. It allows the project manager to delegate time tolerances to the team managers
D. It allows the project team to identify improvements to be made during the project
D. Correct. As the project progresses the project should
continue to learn. Lessons should be included in relevant
reports and reviews. The goal is to seek opportunities to
implement improvements during the life of the project.
Ref
Which is a responsibility of the business representative on the project board?
A. To set tolerance levels for the project
B. To ensure the project represents value for money
C. To confirm the project delivers the required functionality
D. To check the required quality levels are achieved by the project’s products
B. Correct. The executive (who represents the business
interest) is appointed to ensure that the project is
focused on achieving and delivering a product that will
achieve the forecast benefits and will deliver value for
money.
What makes a project a PRINCE2 project?
A. It has project processes that satisfy the objectives of PRINCE2 processes
B. It has a permanent project organization to deliver a long-term result
C. It has established technology to improve business as usual
D. It applies some of the PRINCE2 principles
Rationale
18 A 1.1d A. Correct. As one of the minimum requirements, a
PRINCE2 project must demonstrate that the project has
processes that satisfy the purpose and objectives of the
PRINCE2 processes.
What is risk probability?
A. The scale of the risk should it occur
B. The probable effect on the project being able to deliver its objectives
C. A probable timeframe within which the risk may occur
D. A measure of the likelihood of the risk occurring
D. Correct. Probability measures the likelihood of the risk
occurring
Which describes the ‘implement’ step within the recommended risk management procedure?
A. Project support allocates the risk budget to fund the selected risk responses
B. The risk owner decides the best response to control the risk
C. The risk owner and the risk actionee carry out activities to control and deal with the risk
D. The project manager formulates the risk management approach
C. Correct. The risk owner manages and controls all
aspects of a risk and the risk actionee implements
specific responses to a risk as part of the ‘implement’
step
Which is an objective of the ‘initiating a project’ process?
A. To ensure that there is authority to initiate the project
B. To prepare the plans for the subsequent delivery stages
C. To summarize how the organization’s project management method will be tailored for
the project
D. To request authority from programme, corporate management or the customer to
deliver the project
C. Correct. The project initiation documentation should
include or reference the project controls and summarize
how the project intends to tailor PRINCE2.
Which is a minimum requirement for applying the risk theme?
A. To assign risk actionees to undertake planned risk responses
B. To escalate identified threats to the project board
C. To record identified threats in a risk register
D. To establish a risk budget to fund responses to risks
C. Correct. As a minimum, the project should maintain
some form of risk register to record identified risks and
decisions relating to their analysis, management and
review. R
If a work package is forecast to exceed its tolerances, how should a team manager inform the
project manager?
A. By submitting an exception report
B. By submitting an exception plan
C. By raising an issu
C. Correct. If a work package is forecast to exceed
tolerances agreed in a work package, the team manager
should inform the project manager by raising an issue.
The project manager will then advise on corrective
actions required.
Who is responsible for documenting any tailoring of work packages?
A. Executive
B. Project manager
C. Team manager
D. Project support
B. Correct. The project manager is responsible for
identifying and documenting the level of tailoring for the
project.