PRINCE2 Foundation Flashcards
Which of the following statements is true of project assurance?
1. project support can be assigned project assurance responsibilities
2. The project manager can be assigned project assurance responsibilities
3. Project assurance creates a communication management approach
4. Project assurance has 3 focuses aligned with the 3 interests of the project board
4)
Each role on the project board - the executive, the senior user, the senior supplier - has a project assurance responsibility aligned to the area of interest
Who does the senior supplier represent when making decisions?
A) Those who will benefit from using products
B) Corporate, programme management, or the customer
C) Those who ensure the project is following a cost-conscious approach
D) Those who are responsible for the technical integrity of product
D)
The senior supplier is responsible for ensuring that the project’s products have the technical integrity to meet the user’s need.
The senior user = Represents those whi will benefit from using products
Corporate, program management, customer - responsible for commissioning the project
The executive - ensure the project follows a cost-conscious approach
Which of the following level of management would authorize any deviation that exceeds stages tolerance?
A) Corporate, program management, or the customer
B) Directing
C) Managing
D) Delivering
B)
The project board represents the directing level of management. They allocated stages with associated tolerance to the project managers.
Which of the following PRINCE2 role is responsible for securing the funding for the project?
A. Corporate, program management, or the customer
B Executive
C. Busines sponsor
D. Project Manager
B. Executive
The executive represents the business interest in the project, It is his responsibility to secure the funding for the project. It is very important to note that the executive represents the business perspective on the project board and is the ultimate decision-maker.
He must ensure that the project value for money
Who is responsible for specifying the benefits and subsequently realizing the benefits by using the project’s product
Senior user
responsible for both forecasting the benefits from the projects and then realizing the benefits by using the project’s products.
Which is the minimum requirement for managing business justification for the project?
A. To split the project into at least 2 management stages
B. To record all quality activities carried out during the project.
C. To define a method for baselining products
D. To identify actions to ensure that the project outcomes are achieved
B. To record all quality activities carried out during the project.
= minimum requirement of quality theme
What is the purpose of the business case theme?
A. To help establish whether the project is still viable when making key decisions
B. To understand whether the outputs from the project are fit for purpose
C. To establish a structure of accountability for the project
D. To assess and control uncertainty throughout the project
A. To help establish whether the project is still viable when making key decisions
The purpose of the benefits management approach?
A. To describe how and when the performance of the project products can be measured.
B. To decument the justification of project
C. To define the project
D. To pass on details of unfinished work and ongoing risks
To describe how and when the performance of the project products can be measured.
it plans how to measure the returns from project and plans any management actions that need to take place
Which of the following is one of Benefits of the product-based planning?
A. It helps to define the products that are in and out of the scope of the plan by creating tools such as product breakdown structures.
B. It helps to identify the shortest possible completion time of the project
C. It helps to identify how the performance of the project’s product will be reviewed.
D. It helps to define techniques for estimating throughout a project
It helps to define the products that are in and out of the scope of the plan by creating tools such as product breakdown structures.
This ensures the project management team is very clear about which products will be created before they start to plan necessary activities and resources
the first step in the recommended approach to defining and analyzing the products
A. Creating a product flow diagram
B. Creating a product breakdown structure
C. Writing a project description
D. Writing a product description
Writing a project description
The minimum requirement for applying the quality theme
Maintaining the records of quality activities, after each quality test has been carried out on a product.
Purpose of the project product description
To gain agreement from the user on the project’s scope and requirement; to define what the project will need to deliver in order for it to be acceptable to the users
Which of the PRINCE2 role is responsible for securing the funding?
A. Coporate, programme management, or the customers
B. Executive
C. Business Sponsor
D. Project Manager
B. Executive
The executive represent the business prespective on prject board and is the ultmate decision maker
Which of the following options is consider when structuring the project into management stages
A. The availability of the project board
B. The estimating techiques used for planning
C. The critical path of the project
D. alignment with programme activities
D. alignment with programme activities
It may be a requirement to align the end of a management stage with a programme milestone review
Which of the following is responsible for managing monitoring and controlling all aspects of a particular risk?
A. Risk owner
B. RIsk manager
C. Risk actionee
D. Project Manager
A. Risk owner
A risk owner might be allocated to a risk. Their role is to monitor and manage any countermeasures.
