PRINCE2 PRINCE2

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PRINCE2 Foundation Sample Questions:

1. What is risk appetite?

A) The levels of risk exposure that, when exceeded, will trigger an Exception Report
B) A stakeholder's perception of how a risk effects them
C) An organization's unique attitude towards risk taking that in turn dictates the amount of risk that it considers acceptable
D) The net financial effect of all risks when aggregated together

2. Which of the following steps looks at the probability, impact and proximity of a risk?

A) Plan
B) Identify (context)
C) Communicate
D) Assess (estimate)

3. Which of the following is a quality review team role?

A) Chair
B) Producer
C) Quality Assurance
D) Project Assurance

4. What factors need to be taken into consideration when identifying the number of management stages required?
1.Where key decisions points need to be
2.The amount of risk within the project
3.The number of technical stages
4.How confident the Project Board and Project Manager are with proceeding

A) 1,3,4
B) 2,3,4
C) 1,2,3
D) 1,2,4

5. Which of the following are a purpose of the Benefits Review Plan?
1.Define how a measurement of the achievement of the project's benefits can be made
2.Define what benefits assessments need to be undertaken
3.Define the project, in order to form the basis for its management and an assessment of its overall success
4.Define the activities required to measure the expected project's benefits

A) 1, 3, 4
B) 1, 2, 4
C) 1, 2, 3
D) 2, 3, 4

Solutions: