1.2 Describe Key Concepts Related to Project Management PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 4)

Questions 16–20

1. 16application · medium

   A regional bank is launching a new mobile banking app. The initiative involves multiple departments, a strict regulatory deadline, and coordination with an external payment processor. The bank's COO asks why a formal project management approach is needed instead of just assigning tasks to the existing IT team. Which reason best justifies using project management in this situation?

   • AIt allows the bank to bypass the regulatory approval process.
   • BIt eliminates the need for external stakeholder communication.
   • CIt helps manage the complexity of cross-departmental coordination and the regulatory deadline.
   • DIt guarantees the app will be delivered without any defects.
   Reveal Solution Discussion Select an answer first
2. 17application · easy

   A hospital is implementing a new electronic health record (EHR) system. The project has a defined start and end date, a specific budget, and a unique set of requirements tailored to the hospital's workflows. After go-live, the system will be maintained by the IT operations team. Which characteristic of a project is most clearly demonstrated by the defined start and end date?

   • AUniqueness
   • BDefined objectives
   • CTemporary nature
   • DRequired resources
   Reveal Solution Discussion Select an answer first
4. 18foundation · easy

   Which of the following is an example of an external influence on a project?

   • ARegulatory requirements
   • BOrganizational structure
   • CCompany culture
   • DProject team morale
   Reveal Solution Discussion Select an answer first
5. 19foundation · easy

   PRINCE2 is designed to help overcome which common project problem?

   • ALack of technical skills in the team
   • BToo much management control
   • CPoor communication
   • DUnlimited project budget
   Reveal Solution Discussion Select an answer first
6. 20foundation · easy

   How does PRINCE2 help improve stakeholder engagement?

   • ABy ensuring stakeholders have no influence on the project
   • BBy removing the need for stakeholder analysis
   • CBy limiting stakeholder involvement to the start of the project
   • DBy requiring a communication management approach
   Reveal Solution Discussion Select an answer first