Authentic PR2F Dumps With 100% Passing Rate Practice Tests Dumps [Q143-Q165]

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Authentic PR2F Dumps With 100% Passing Rate Practice Tests Dumps

EXIN PR2F Real Exam Questions Guaranteed Updated Dump from ExamcollectionPass

The PRINCE2 Foundation certification is ideal for individuals who are new to project management or those who want to enhance their knowledge and skills in project management. PRINCE2 7 Foundation written Exam certification is recognized globally and is highly valued by employers. It provides a solid foundation for individuals who want to pursue a career in project management or for those who want to advance their career in this field. PRINCE2 7 Foundation written Exam certification is also a prerequisite for the PRINCE2 Practitioner certification, which is the next level of certification in the PRINCE2 framework.

EXIN PR2F (PRINCE2 Foundation written) Certification Exam is a globally recognized certification program designed to validate your understanding and knowledge of the PRINCE2 (Projects IN Controlled Environments) methodology. PRINCE2 is a widely used project management framework that provides a structured approach to project management, and its principles can be applied to projects of any size and complexity.

Q143. Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.

Avoid

Reduce

Transfer

Section: Volume B
Explanation

Q144. Which statement applies to Stage Plans?

Always have the same duration as the Project Plan

Are produced at the same time as the Project Initiation Documentation

Assist the Project Manager in the day-to-day running and control of the project

Provide a baseline against which the Project Board monitor overall progress

Stage Plans in PRINCE2 are essential tools for the Project Manager, assisting in the day-to-day management and control of the project. Each Stage Plan provides the detail needed for each management stage of the project, including what work will be done, when it will be delivered, and who will be involved, thus facilitating effective project governance on a stage-by-stage basis. They do not necessarily match the duration of the Project Plan or get produced simultaneously with the Project Initiation Documentation.References: PRINCE2 7 Foundation handbook and other official documents.

Q145. Which describes a management activity within a project?

Encouraging a project team to continue working on a particularly challenging product

Discussing project objectives with key stakeholders during a requirements gathering workshop

Agreeing a work package with a team manager to deliver products within agreed tolerances

Seeking feedback from team members to ensure they are still aligned to the project’s objectives

In PRINCE2, a management activity within a project typically involves formal agreements and organizational actions. Agreeing on a work package with a team manager is a core management activity, where specific tasks, responsibilities, and tolerances are defined and communicated, ensuring that the project’s delivery aligns with the planned objectives and constraints.References: PRINCE2 7 Foundation study materials on project management activities.

Q146. Which is a purpose of a lessons log?

To record any lessons that are raised in checkpoint reports

To document that corrective action is being taken

To escalate lessons to the project board

To raise improvements with project assurance

Section: Volume B
Explanation/Reference:
Reference https://mplaza.pm/prince2-lessons-log-template/

Q147. Which plan provides the Business Case with costs during the Initiating a Project process?

Initiation Stage Plan

Project Plan

Stage Plan

Team Plan

Section: Volume A

Q148. Which of the following statements about quality assurance and Project Assurance is true?

Project Assurance is the responsibility of the corporate organization; quality assurance is the responsibility of the Project Board

Project Assurance is independent of the Project; quality assurance is only independent of the Project Manager

Project Assurance may be delegated within a project; quality assurance must be undertaken by the Project Board

Project Assurance ensures compliance to standards within the project environment; quality assurance ensures compliance across the organization

Q149. Identify the missing product in the following sentence.
When assessing an issue during the Controlling a Stage process, the [ ? ] provides essential information to evaluate the viability of the project.

Project Brief

Benefits Review Plan

Project Initiation Documentation

Configuration Management Strategy

Q150. Which process is used to define how baselines will be established and controlled?

Controlling a stage

Directing a project

Initiating a project

Starting up a project

Section: Volume B
Explanation/Reference: http://prince2.wiki/Quality

Q151. What is a goal of the ‘implement’ step within the recommended risk management procedure?

To prepare specific management responses to identified risks

To monitor the effectiveness of actioned risk responses

To estimate the risk to the project in terms of probability and impact

To communicate information related to the risks faced by the project

The goal of the ‘implement’ step within the recommended risk management procedure in PRINCE2 is to prepare specific management responses to the identified risks. This involves developing strategies to enhance opportunities and reduce threats to the project’s objectives, ensuring that appropriate responses are ready for implementation.References: = PRINCE2 7 Foundation handbook and online resources

Q152. Which is a minimum requirement for applying the business case theme?

To provide statements of actual benefits at benefits reviews

To report on project performance at project closure

To define the actions required to confirm the project’s benefits are realized

To monitor changes to the project plan to identify exceptions

Section: Volume B
Explanation
Explanation/Reference: https://www.whatisprince2.net/prince2-theme-business-case.php

Q153. Which theme establishes the mechanisms to control against baselines by providing a forecast for the project’s objectives and continued viability?

Business case

Plans

Change

Progress

The Progress theme in PRINCE2 establishes mechanisms to control the project against its baselines by providing ongoing forecasts for the project’s objectives and continued viability. This theme ensures that the project remains on track to deliver the expected outcomes and can adapt to changes when necessary.References: = PRINCE2 7 Foundation handbook and online resources

Q154. Which provides a single source of reference that may be used by people joining a project after it has been initiated so they can quickly and easily find out how the project is being managed?

Project Brief

Project Initiation Documentation

Project mandate

Project Product Description

Q155. Which characteristic distinguishes a project from regular business operations?

Produces benefits

Introduces business change

Manages stakeholders

Incurs cost

Q156. Which statement applies to Stage Plans?

Always have the same duration as the Project Plan

Are produced at the same time as the Project Initiation Documentation

Assist the Project Manager in the day-to-day running and control of the project

Provide a baseline against which the Project Board monitor overall progress

Q157. Identify the missing word(s) in the following sentence.
Following initiation, the Controlling a Stage process is used to manage and control each [ ?
] of a project.

technical stage

benefit

management stage

Team Plan

Q158. Which statement defines a risk?

A certain event occurring in the future that will have a negative impact on the project’s objectives

An event that has already occurred that the Project Manager must deal with immediately

An uncertain event, or set of events that, should it or they occur, will have an effect on the achievement of objectives

An uncertain event, or set of events that, should it or they occur, will be automatically escalated to the Project Board for a response

Q159. The team manager has organized a workshop with project stakeholders to define the detailed requirements for a number of outputs.
Which principle is being applied by the team manager as part of the ‘people’ element when holding this workshop?

Focus on products

Tailor to suit the project

Define roles, responsibilities and relationships

Ensure continued business justification

By organizing a workshop with project stakeholders to define the detailed requirements for project outputs, the team manager is applying the PRINCE2 principle of “Focus on Products.” This principle emphasizes that a project’s primary focus should be on product definition, delivery, and quality requirements, which are crucial for achieving project success and user satisfaction.References: (PRINCE2 7 Foundation Handbook, AXELOS)

Q160. Which is a recommended quality review team role?

Project Manager

Assurance

Chair

Producer

Section: Volume B

Q161. Which may be funded from a risk budget?

Corrections due to off-specifications

Impact analysis of requests for change

Implementation of a fallback plan

Preparation of the Risk Management Strategy

Q162. Which risk response type is appropriate to respond to an opportunity?

Fallback

Exploit

Transfer

Section: Volume B
Explanation

Q163. Which risk response type is a recommended response to both an opportunity and a threat?

Avoid

Reduce

Reject

Q164. Which statement defines a risk?

A certain event occurring in the future that will have a negative impact on the project’s objectives

An event that has already occurred that the Project Manager must deal with immediately

An uncertain event, or set of events that, should it or they occur, will have an effect on the achievement of objectives

An uncertain event, or set of events that, should it or they occur, will be automatically escalated to the Project Board for a response

Q165. 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

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