PRINCE2 Project Management PRINCE2-AGILE-FOUNDATION-V2 Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   Which statement about the contexts in which PRINCE2 can be used is true?

   • APRINCE2 is only applicable to projects with a fixed price contract.
   • BPRINCE2 is only suitable for construction projects.
   • CPRINCE2 can be tailored to suit the specific context of the project.
   • DPRINCE2 cannot be used for projects within a program.
   Reveal Solution Discussion Select an answer first
2. 7application · medium

   A retail bank is launching a new mobile banking app. The project has a fixed launch date set by the board, a strict budget, and a defined set of must-have features. During a stage review, the project manager discovers that one of the must-have features will take two weeks longer than planned, which would push the launch past the fixed date. The project manager has confirmed that the feature is essential for regulatory compliance. According to PRINCE2's six performance targets, what should the project manager do?

   • AEscalate the situation to the project board, presenting the trade-off between the fixed launch date and the compliance requirement.
   • BRemove the feature from scope to meet the fixed launch date, and document the compliance risk in the risk register.
   • CIncrease the budget to hire more developers so the feature can be completed by the original launch date.
   • DExtend the project timeline and accept the later launch date, since the feature is required for compliance.
   Reveal Solution Discussion Select an answer first
4. 8foundation · easy

   Which of the following is NOT one of the seven PRINCE2 processes?

   • ADirecting a Project
   • BMonitoring and Controlling
   • CManaging Product Delivery
   • DStarting up a Project
   Reveal Solution Discussion Select an answer first
5. 9foundation · easy

   Which statement best defines a 'project'?

   • AAny work that requires a team of more than ten people.
   • BA continuous operation that produces the same product or service repeatedly.
   • CA set of routine activities performed to maintain an existing system.
   • DA temporary endeavor with a defined start and end, undertaken to create a unique product, service, or result.
   Reveal Solution Discussion Select an answer first
6. 10application · easy

   A project to develop a new training program for a company's sales team is underway. The project has a budget of $100,000 and a deadline of six months. The project manager is monitoring the project's progress and has noticed that the costs are running 10% over budget. Which performance target is the project manager most directly concerned with?

   • ACost
   • BTime
   • CScope
   • DQuality
   Reveal Solution Discussion Select an answer first