Free PRINCE2-7-Foundation Exam Questions - Easiest Way for Success

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Total 568 Questions | Updated On: Sep 13, 2024

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Question 1

Identify the missing words in the following sentence. A risk budget is a sum of money included in the [ ? ] and set aside to fund specific management responses to a project's threats and opportunities.

A : change budget

B : project budget

C : project's cost tolerance

D : project's risk tolerance

Answer: B

Question 2

Which is an internal factor to consider when tailoring PRINCE??

A : The safety legislation

B : The environmental standards

C : The industry's regulations

D : The organization's procedures

Answer: D

Question 3

Why is change management important in a project?

A : It provides clarity on how the culture of an organization needs to adapt over time

B : It provides processes and management products to use when requesting a change

C : It provides confidence that the project can meet is objectives and has continued business Justification

D : It provides a controlled and bidirectional flow of information to key Influencers

Answer: B

Question 4

What is the assessed risk probability used to identify?

A : The responsibilities for managing and implementing a particular risk

B : The likely effect that a risk has on the project delivering its objectives

C : The timeframe within which the risk may occur

D : The decision-making body to whom the risk should the referred

Answer: B

Question 5

Which is NOT included in the PRINCE2 definition of a project?

A : A project is a temporary organization

B : A project's purpose is to deliver one or more business products

C : A project is part of 'business as usual'

D : A project is based on an agreed Business Case

Answer: C

Page: 1 / 114

Total 568 Questions | Updated On: Sep 13, 2024

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