In a PRINCE2 Agile project, the team identifies a new risk that a key third-party API may be discontinued during the project. The risk is assessed as having a high impact but a low probability. How should the team manage this risk in the agile context?

Ignore the risk since the probability is low and focus on delivering features.

Escalate the risk immediately to the project board for a decision.

Record the risk and discuss a mitigation approach in the next sprint planning session.

Add the risk to the risk register and review it at the next stage boundary.

What is the purpose of the lessons log in PRINCE2 Agile?

To record lessons learned so they can be used to improve the current and future projects

To record all issues and risks in the project

To track the progress of the project against the plan

To provide a detailed history of all decisions made in the project

What is the purpose of the Business case practice in PRINCE2 Agile?

To assign roles and responsibilities to the project team

To establish mechanisms to assess whether the project remains viable and worthwhile

To define the project's scope and deliverables in detail

To manage the project's budget and expenditures

How does the 'Focus on products' principle support agile delivery?

By emphasizing the definition and delivery of products that meet the business need

By ensuring that all products are delivered at the end of the project

By focusing on the activities and tasks rather than the outputs

By requiring a detailed product breakdown structure before any work begins

How does 'Manage by stages' complement agile delivery?

By providing control points at the end of each stage where progress and viability are reviewed

By eliminating the need for stage boundaries in agile projects

By ensuring that each stage is delivered by a different team

By requiring all stages to be planned in detail at the start of the project

PRINCE2 Agile Foundation (Version 2)

Domain 2Objective 1

The PRINCE2 Agile Essentials PRINCE2-AGILE-FOUNDATION-V2 Practice Questions (Page 7)

Part of the The PRINCE2 Agile principles, practices, and artifacts and their role in an agile context domain, which accounts for 40.0% of the PRINCE2-AGILE-FOUNDATION-V2 exam. PeopleCert does not publish an official question count, but from its 60-minute exam (~25–40 total, ~10–10 in this domain), expect 3–3 from this objective — we provide 44 practice questions to prepare you well beyond it. (estimate)

44questions here

9free pages

15concepts

40.0%of the exam

15 Concepts in This Objective

PRINCE2 Agile principles overview
Principle: Focus on products
Principle: Tailor to suit the project
Principle: Continued business justification
Principle: Learn from experience
Principle: Manage by stages
Principle: Manage by exception
Principle: Defined roles and responsibilities
Purpose of the Business case practice
Purpose of the Organization practice
Purpose of the Plans practice
Purpose of the Quality practice
Purpose of the Risk practice
Purpose of the Issues practice
Purpose of the Progress practice

Questions 31–35

31application · medium
In a PRINCE2 Agile project, the team identifies a new risk that a key third-party API may be discontinued during the project. The risk is assessed as having a high impact but a low probability. How should the team manage this risk in the agile context?
Select an answer first
32foundation · easy
What is the purpose of the lessons log in PRINCE2 Agile?
Select an answer first
33foundation · easy
What is the purpose of the Business case practice in PRINCE2 Agile?
Select an answer first
34foundation · easy
How does the 'Focus on products' principle support agile delivery?
Select an answer first
35foundation · easy
How does 'Manage by stages' complement agile delivery?
Select an answer first

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