4.3.5 Describe the Guidance for Effective Management of Plans PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 1)

Questions 1–5

1. 1application · medium

   A project manager is planning a 12-month project. The team has detailed knowledge of the first two months, but the later work depends on the outcome of a pilot study that will not be completed until month 3. According to PRINCE2 guidance on the planning horizon, what level of detail should the project plan have for the later months?

   • AThe same level of detail as the first two months, to maintain consistency.
   • BNo detail, because the later months are too uncertain to plan at all.
   • CDetailed, because the project plan must cover the entire project in detail.
   • DOutline, because the later work cannot be foreseen in detail until the pilot study is complete.
   Reveal Solution Discussion Select an answer first
2. 2expert · hard

   A project manager is managing a stage with a cost tolerance of ±5% and a time tolerance of ±10%. The stage is currently 8% over budget but 2% ahead of schedule. The project manager believes the cost overrun can be recovered by the end of the stage. What should the project manager do?

   • AContinue with the stage and monitor the cost closely, since the overrun is within the tolerance and may be recovered.
   • BEscalate the cost overrun to the project board immediately, since any overrun is an exception.
   • CRevise the stage plan to reduce costs without informing the project board, since the project manager has authority.
   • DUse the time tolerance to offset the cost overrun, since the stage is ahead of schedule.
   Reveal Solution Discussion Select an answer first
4. 3foundation · easy

   In PRINCE2, what is the primary purpose of setting tolerances for time, cost, scope, risk, quality, and benefits?

   • ATo delegate authority to the next management level while keeping control within agreed limits
   • BTo define the exact values for each performance target
   • CTo ensure that the project manager has no authority to make decisions
   • DTo eliminate all risks in the project
   Reveal Solution Discussion Select an answer first
5. 4foundation · easy

   According to PRINCE2, why are plans for later parts of a project typically less detailed than plans for the immediate future?

   • ABecause it is not possible to foresee and control work in detail that far ahead
   • BBecause detailed planning is only required for the final stage of the project
   • CBecause later work is less important than immediate work
   • DBecause the project manager is too busy to plan ahead in detail
   Reveal Solution Discussion Select an answer first
6. 5foundation · easy

   In PRINCE2, what does 'delivery sustainability' in plans primarily address?

   • AEnsuring that the project's products are used for as long as possible
   • BEnsuring the project is completed as quickly as possible
   • CReducing the project's budget to the minimum possible
   • DIncorporating environmental, social, and economic considerations into the project's plans
   Reveal Solution Discussion Select an answer first