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PR2F - PRINCE2 Foundation - Dump Information

Vendor : Prince2
Exam Code : PR2F
Exam Name : PRINCE2 Foundation
Questions and Answers : 253 Q & A
Updated On : Click to Check Update
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PR2F Questions and Answers

PR2F.html


Question: 242


Which is a purpose of the Risk theme?

  1. Establish a procedure to ensure every change is agreed by the relevant authority before it takes place

  2. Establish a cost-effective procedure to identify, assess and control uncertainty

  3. Establish mechanisms to control any unacceptable deviations from plan

  4. Establish mechanisms to manage risks at the corporate or programme level of an organization


Answer: B


Question: 243


In what process is the authorization to deliver the project’s products given?

  1. Starting up a Project

  2. Initiating a Project

  3. Managing a Stage Boundary

  4. Directing a Project


Answer: D


Question: 244


Which of the following is NOT part of quality planning?

  1. Define quality responsibilities

  2. Gain acceptance of the project product

  3. Agree acceptance criteria

  4. Set quality tolerances


Answer: B


Question: 245


Which should be provided by a project mandate?

  1. Terms of reference

  2. Detailed Business Case

  3. Stage tolerances

  4. Initiation Stage Plan


Answer: A


Question: 246


Which is an objective of the Starting up a Project process?

  1. Identify who will be responsible for creating the Project Plan

  2. Agree how the project will be monitored and controlled after initiation

  3. Authorize the Project Manager to proceed with the initiation stage

  4. Agree how issues and changes will be identified, assessed and controlled


Answer: A


Question: 247


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,

  1. Management strategies

  2. Plan

  3. Stakeholder interests

  4. Time-driven controls


Answer: B


Question: 248


If a project’s benefit tolerance is forecast to be exceeded, to whom should this be escalated to for a decision?

  1. Senior User

  2. Executive

  3. Corporate/programme management

  4. Senior Supplier


Answer: C


Question: 249


Which is an objective of the quality review technique?

  1. To identify a product’s quality criteria

  2. To provide assurance that the project is being conducted properly

  3. To assess that a product conforms to set criteria

  4. To ensure that staff are properly trained in the quality methods


Answer: C


Question: 250


Which of the following refers to the actions identified to bring a situation to a level where exposure to a risk is acceptable?

  1. Risk category

  2. Risk description

  3. Risk response

  4. Risk status


Answer: C


Question: 251

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

  1. Issue Register

  2. Risk Register

  3. Daily Log

  4. Exception Report


Answer: C


Question: 252


Which of the following statements about the Project Initiation Documentation are true?

  1. The Project Initiation Documentation is used to ensure that a sound basis exists exists before the Project Board authorizes a project.

  2. The Project Initiation Documentation should be updated at the end of each stage to reflect the current status of a project before the Project Board authorizes a project.

  1. Only 1 is true

  2. Only 2 is true

  3. Both 1 and 2 are true

  4. Neither 1 or 2 are true


Answer: C


Question: 253


Which is the purpose of the Change theme?

  1. Prevent change to baselined products

  2. Identify, assess and control any potential and approved changes to baselined products

  3. Establish mechanisms to monitor and compare actual achievements against those planned

  4. Assess and control uncertainty


Answer: B


Prince2 PR2F Exam (PRINCE2 Foundation) Detailed Information

PRINCE2®
Companies and organizations often have difficulty organizing projects efficiently, resulting in increased costs, delays and failures. The time constraints, risks and complexity of many projects puts pressure on project managers and team members. PRINCE2® (Projects in Controlled Environments), the default standard for project management, is the solution to take projects to a higher level.
Better prospects for professional and organization
A PRINCE2 certificate from EXIN proves the professional has the required skills, knowledge and competence to successfully manage projects. That’s why more and more companies around the world demand project managers who have a PRINCE2 certificate. An EXIN certificate for PRINCE2 takes the skills of professionals to a higher level, thereby strengthening the organization he or she works for.
Agile
An extension to the PRINCE2 exam program is PRINCE2 Agile™ Practitioner. This exam will seek to blend the best of PRINCE2 and agile methods by focusing at the interactions between the two approaches and how each needs to be adapted to accommodate the other. It Combines the control of PRINCE2, with the agility of Agile.
Target group
Organizations that want their projects to be managed in a more efficient and effective way should embrace PRINCE2. It is the best method for both ICT and non-ICT related projects, as PRINCE2 can be applied to any type and size of project. PRINCE2 is suitable not only for those managing projects, but also for all staff participating in projects, to ensure that all those involved in a project have the same understanding of what is required.
Exams by levelCode
Foundation
PRINCE2® Foundation Certificate in Project Management PR2F
Practitioner
PRINCE2® Practitioner Certificate PR2P
PRINCE2 Agile™ Practitioner PR2A
PRINCE2® Practitioner Re-Registration Certificate PR2P_re
PRINCE2® Foundation Certificate in Project Management
PRINCE2® Foundation Certificate in Project Management
Summary
PRINCE2® (PRojects IN Controlled Environments) is a widely used project management method that navigates you through all the essentials for running a successful project. PRINCE2® is a flexible method and is aimed at all types of projects.
PRINCE2® is part of the Certified Integrator program and is one of the prerequisites to attain the title:
EXIN Certified Integrator Agile Service Projects
Target group
Aimed at project managers and aspiring project managers. Also relevant to other key staff involved in the design, development and delivery of projects including: Project Board members, Team Managers, Project Assurance, Project Support and operational line managers/staff.
Context
PRINCE2® Foundation is part of the Best Management Practice portfolio and a prerequisite for the PRINCE2® Practitioner.
e-Competence Framework (e-CF)
Level
e-CF Area e-Competence e-1 e-2 e-3 e-4 e-5
PLAN A.4. Product/Service Planning
MANAGE E.2. Project and Portfolio Management
E.3. Risk Management
E.6. ICT Quality Management
Legend for coverage
General
Partial
Superficial
Prerequisites
None.
Exam content
The characteristics and context of a project and the benefits of adopting PRINCE2®
The purpose of the PRINCE2® roles, management products and themes
The PRINCE2® principles
The purpose, objectives and context of the PRINCE2® processes.
Literature: Managing Successful Projects with PRINCE2™ 2009 Edition.
Click here to download the glossary in the download section in the right column.
Exam Details
Exam duration: 60 minutes
Number of questions (exam in English):
75 (of which 5 questions are not scored, trial questions)
Pass mark: 50% (35 out of 70)
Open book: No
Electronic devices permitted: No
What is PRINCE2?
Discover how PRINCE2 can help you achieve your goals and manage projects effectively. Use the quick links to scroll to a relevant section.
PRINCE2 DefinitionPRINCE2 Qualifications and TrainingPRINCE2 HistoryWhat Should I Do Next?How PRINCE2 Can Benefit You or Your Organisation?
PRINCE2 Definition
PRINCE2 (an acronym for PRojects IN Controlled Environments) is a de facto process-based method for effective project management. Used extensively by the UK Government, PRINCE2 is also widely recognised and used in the private sector, both in the UK and internationally. The PRINCE2 method is in the public domain, and offers non-proprietorial best practice guidance on project management.
Key features of PRINCE2:
Focus on business justification
Defined organisation structure for the project management team
Product-based planning approach
Emphasis on dividing the project into manageable and controllable stages
Flexibility that can be applied at a level appropriate to the project.
PRINCE2 History
PRINCE was established in 1989 by CCTA (the Central Computer and Telecommunications Agency), since renamed the OGC (the Office of Government Commerce). In June 2010, the Office of Government Commerce Best Practice Management functions moved into the Cabinet Office.
PRINCE was originally based on PROMPT, a project management method created by Simpact Systems Ltd in 1975, and adopted by CCTA in 1979 as the standard to be used for all Government information system projects.
When PRINCE was launched in 1989, it effectively superseded PROMPT within Government projects. PRINCE remains in the public domain and is retained by the Crown. PRINCE2 was published in 1996, having been contributed to by a consortium of some 150 European organisations.
How PRINCE2 Can Benefit You or Your Organisation?
Using PRINCE2 provides you with greater control of resources, and the ability to manage business and project risk more effectively. This will benefit:
Individuals seeking leading project management skills and greater employment prospects
Project managers
Directors/executives (senior responsible owners) of projects, and
Organisations.
For individuals, PRINCE2 certification is an invaluable asset to your career as it increases employment prospects and helps you to do your job more effectively.
For organisations, PRINCE2's formal recognition of responsibilities within a project, together with its focus on what a project is to deliver (the why, when and for whom) provides your organisation's projects with:
A common, consistent approach
A controlled and organised start, middle and end
Regular reviews of progress against plan
Assurance that the project continues to have a business justification
For further benefits, visit "Why PRINCE2?".
PRINCE2 Qualifications and Training
We offer the following PRINCE2 training : PRINCE2 Foundation, PRINCE2 Practitioner, PRINCE2 Re-Registration and PRINCE2 Agile.
PRINCE2 Foundation
A great place to start, the PRINCE2 Foundation qualification covers the basic methodology and terminology of PRINCE2, and can be achieved with either:
PRINCE2 Foundation online learning
PRINCE2 Foundation tutor-led classroom course
PRINCE2 Practitioner
The PRINCE2 Practitioner is suitable for those managing projects within a PRINCE2 environment, and can be achieved with the:
PRINCE2 Practitioner online learning
PRINCE2 Practitioner tutor-led classroom course.
PRINCE2 Foundation and Practitioner
Should you wish to undertake both the PRINCE2 Foundation and Practitioner you can choose from the following paths:
PRINCE2 Foundation and Practitioner online learning
PRINCE2 Foundation & Practitioner tutor-led classroom course
PRINCE2 Foundation & Practitioner (Gold) blended package
PRINCE2 Re-Registration
The PRINCE2® Examination Board has determined that all Registered PRINCE2 Practitioners should be re-registered within 3-5 calendar years of their original certification (failure to pass the Re-Registration examination after five calendar years as a Registered Practitioner will result in withdrawal of your registered status). In order to achieve this you can undertake:
PRINCE2 Re-Registration package
PRINCE2 Agile
You can learn to integrate the flexibility and responsiveness of Agile methodologies into the PRINCE2 framework. PRINCE2 Practitioners can achieve this with the:
PRINCE2 Agile tutor-led classroom course
What Should I Do Next?
If you're keen to explore the benefits of PRINCE2 for yourself and your organisation, visit "Why PRINCE2?".
If you're planning to start your PRINCE2 training, either find out about our PRINCE2 training courses, discover your training options wherever you are in the world by simply request a quote.
Corporate and group training discounts
At ILX, we offer attractive discounts and packages for group and corporate PRINCE2 training.
If you require PRINCE2 training for more than one person, call us now to speak to an ILX training advisor about your requirements or
PRINCE2 Qualifications Explained
PRINCE2 Foundation
The PRINCE2 Foundation qualification will teach you the PRINCE2 principles, terminology and when qualified you will be able to act as an informed member of a project management team using the PRINCE2 methodology within a project environment supporting PRINCE2. PRINCE2 Foundation can be studied on its own or as a prerequisite for the PRINCE2 Practitioner course.
Read more about PRINCE2 Foundation
PRINCE2 Practitioner
The PRINCE2 Practitioner qualification will teach you to apply PRINCE2 to the running and managing of a project within an environment supporting PRINCE2. Once qualified you will be able to apply and tune PRINCE2 to address the needs and problems of a specific project scenario. You will have a comprehensive knowledge of the relationships between the PRINCE2 principles, themes and processes and PRINCE2 products and will understand these elements. In order to sit the PRINCE2 Practitioner examination you must provide proof of having passed one of the following:
PRINCE2 Foundation
Project Management Professional (PMP)®
Certified Associate in Project Management (CAPM)®
IPMA Level A (Certified Projects Director)
IPMA Level B® (Certified Senior Project Manager)
IPMA Level C® (Certified Project Manager)
IPMA Level D® (Certified Project Management Associate)
Only current certifications will qualify as a pre-requisite.
Individual IPMA chapters have local interpretations of these certificates, for example:
In the United Kingdom the Association for Project Management (APM) is the IPMA chapter; visit www.apm.org.uk. The APM Level D certification is their APM (P) certificate
In the USA the American Society for the Advancement of Project Management is the IPMA chapter; visit www.asapm.org. The ASAPM Level D certificate is their Certified Project Management Associate.
To read the full AXELOS pre-requisite terms and conditions click here.
Read more about PRINCE2 Practitioner
PRINCE2 Re-Registration
The PRINCE2 Re-Registration qualification is designed for those who have passed PRINCE2 to Practitioner level and wish to maintain their Registered Practitioner status. The PRINCE2 Examination Board has determined that all PRINCE2 Practitioners should be re-registered within 3-5 calendar years of their original certification (failure to pass the Re-Registration examination after five calendar years as a Registered Practitioner will result in withdrawal of your registered status).
Read more about PRINCE2 Re-Registration
PRINCE2 Agile™
The PRINCE2 Agile™ qualification is designed for those already certified in PRINCE2 to a Practitioner level. The course teaches the fundamentals and the purpose of combining PRINCE2 with agile methodology -- providing scalability and the ability to work with corporate management processes. Once qualified, you should be able to evaluate a project's focus areas, and understand the six aspects comprising a project. Ultimately, you will be capable of tailoring PRINCE2's principles, themes and processes to projects in an agile context.
Why should I study PRINCE2?
To Gain First Class Project Management Skills
PRINCE2 certification will give you the skills to feel confident in managing projects successfully within the workforce. Using PRINCE2 in your projects will give you common systems, procedures and language. It provides you with greater control of resources, and the ability to manage business and project risk more effectively,You will make fewer mistakes, learn from those that you do make, and ultimately save money and effort.
To Improve Employment Prospects
A PRINCE2 qualification is a great asset for your resume. PRINCE2 is recognised as a world-class international product and is the standard method for project management. Many companies across the world require staff to be PRINCE2 certified. A PRINCE2 Foundation qualification can be reached with ILX's renowned PRINCE2 Foundation online learning or a three day PRINCE2 Foundation tutor-led classroom course. A PRINCE2 Practitioner qualification can be reached with the ILX combined PRINCE2 Foundation and Practitioner blended package or our prestigious PRINCE2 Practitioner Plus online learning or a combined PRINCE2 Foundation and Practitioner five day tutor-led classroom course. Businesses are increasingly working in an agile manner. A PRINCE2 Agile certification improves your prospects by proving that you are able to tailor the PRINCE2 method to agile projects.
Why Implement PRINCE2 In Your Organisation?
PRINCE2 Is The International Standard Method for Project Management. It is recognised as a world-class international product, and is the standard method for project management, not least because it embodies many years of best practice in project management and provides a flexible and adaptable approach to suit all projects. It is a project management method designed to provide a framework covering the wide variety of disciplines and activities required within a project. PRINCE2's formal recognition of responsibilities within a project, together with its focus on what a project is to deliver (the why, when and for whom) provides your organisation's projects with:
A common, consistent approach
A controlled and organised start, middle and end
Regular reviews of progress against plan and against the Business case flexible decision points
Assurance that the project continues to have a business justification
Flexible decision points
Management control of any deviations from the plan
The involvement of management and stakeholders at the right time and place during the project
Good communication channels between the project, project management, and the rest of the organisation
A means of capturing and sharing lessons learned
A route to increasing the project management skills and competences of the organisation's staff at all levels.
Why Use a Project Management Methodology?
PRINCE2 provides benefits to the managers and directors of a project and to an organisation, through the controllable use of resources and the ability to manage business and project risk more effectively.
PRINCE2 embodies established and proven best practice in project management. It is widely recognised and understood, providing a common language for all participants in a project.
PRINCE2 encourages formal recognition of responsibilities within a project and focuses on what a project is to deliver, why, when and for whom.
PRINCE2 Agile allows you to add flexibility and improved communication to these projects by integrating agile methods.
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It offers a customizable and scalable procedure for handling distinct tasks conveniently. 1 the key points of PRINCE2 route encompass: specializing in business Justification Planning approach that's product-primarily based Dividing the project into degrees that are manageable and controllable applying flexibility at levels which are appropriate to the assignment explanations for Getting PRINCE 2 route improvement In undertaking management potential here is the foremost reason behind PRINCE2 certification and so it's the most obtrusive benefit. This certification helps in improving your task administration abilities. After achieving this certification, knowledgeable gain knowledge of to install superior administration advantage. right through this process, a person learns concerning the strategies, frameworks, terminologies, techniques, and tactics used by means of a big variety of challenge managers and also can be capable of effectively plan, display screen, and manage projects. A PRINCE2 licensed knowledgeable uses the methods that are alternative to PMP, and having in-depth skills of each sets will provide more desirable versatility and suppleness. more of Methodology Than an educational guide in contrast to different undertaking administration certifications, it lays emphasis upon principles than following any instructional booklet having distinct rules. It acts as a reference e-book and explains the levels of the assignment along with the required roles and obligations that must be followed. this could now not suggest the small projects that a assignment requires, but will verify the techniques and principles that one may require to manage the mission. With this certification, you might be able to control all the PRINCE2 initiatives and carefully oversee their administration process. The vital factors that have to be considered before taking up any certification direction consist of: The time required for reports and coaching. The can charge concerned to pursue it. The impact it has on other areas of your knowledgeable lives. With PRINCE2 you'll be able to directly start getting ready for the foundation level examination and attain this certification with out spending too plenty time on practicing and additionally shop funds. Can Get Certification In Hand Sooner once the training is finished, you must take the exam from the practising company or else that you would be able to pick out a public examination. The technique for applying for the certification is not time-consuming and there is no audit procedure on your utility. knowledgeable Make big cash This certification acts as a useful asset on your profession. apart from increasing your job opportunities, it helps you to finished your initiatives conveniently. You may also be heavily rewarded for the challenging work you place into your assignment with correct management and completing the project in the prescribed closing date. A PRINCE 2 certified assignment manager can earn a standard profits of GBP 50,000. These are among the many most priced professionals in European nations. This certification is diagnosed at global ranges. It became developed within the public IT sector below the sensible supervision of UK executive. This has set a standard for mission managers in just about all materials of the world. not simplest the govt however inner most and public sector agencies are the usage of this these days to set bigger job standards for the employees. It has gained popularity among the united states, Africa, and Asia. aside from gaining recognition on your native country, you can also get your self worried in the tasks at world stages. suitable With Many businesses The challenge supervisor in PRINCE2 is not the only real hero of the challenge. The roles and duties of the people are evidently described in the venture organization. inside a PRINCE 2 venture, the assignment supervisor cannot be utterly put into blame if whatever thing goes by chance wrong regardless of playing an immense role within the growth of the undertaking. other than this, as a result of the shared duties, the chance of failure of the project falls and success may also be certain. not restricted to Single business Prince 2 expands the areas of undertaking management. The skilled cannot be tied to a particular business and company class and may use his expertise in any company, for any mission, and in any business at any scale. which you can without problems demonstrate the proof of your certification. The certification body APMG international enters the name of the licensed professional in the authentic PRINCE 2 a hit Candidate Register. This register will also be accessed by means of anybody at the on-line platform. for instance, during any job interview, you don't need to lift or ship documents related to your certifications it can be checked by means of any one. The register specifies the date of the exam and that you've licensed it. this can comfortably be searched through candidate identify or quantity. The employee has to simply give the candidate quantity and the organisation can simply check the particulars online. less complicated to acquire different Certifications here's an independent certification for assignment administration. but getting ready for this certification will qualify you for exemptions when studying for different certifications. performing For the Examinations commonly, the institute offering PRINCE 2 working towards includes the examination as a part of their practising. 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