4.3.2 Describe the Key Relationships Between the ‘plans’ Practice and the Principles (7.7, Tab 7.2) PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 1)

Questions 1–5

1. 1foundation · easy

   Which role is responsible for preparing the project plan?

   • AThe team manager
   • BThe project board
   • CThe business analyst
   • DThe project manager
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2. 2expert · hard

   A construction company is planning a project to build a new bridge. The lessons log from a previous bridge project notes that the team underestimated the time needed for environmental impact assessments. The project manager is now creating the project plan. The project is large and complex, and the project board wants to keep the plan at a high level. How should the project manager apply the 'learn from experience' principle?

   • AInclude the environmental impact assessment as a product in the product breakdown structure, with a realistic duration in the plan
   • BAsk the project board to approve a larger budget for environmental assessments, as the previous project ran over
   • CAdd a note in the project plan's assumptions section stating that environmental assessments may take longer than expected
   • DAdd a risk to the risk register that environmental assessments may be delayed
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4. 3application · medium

   A public sector organization is running a project to upgrade its IT infrastructure. The project board has delegated authority to the project manager to approve stage plans within agreed tolerances. During stage 3, the project manager forecasts that the stage will exceed its cost tolerance by 8%. The project manager has already used the full tolerance for the stage. What should the project manager do?

   • AContinue with the current stage plan and report the overrun at the end of the stage
   • BApprove a revised stage plan with the increased costs, since the project manager has authority over stage plans
   • CAsk the project board to increase the stage's cost tolerance so the stage can continue as planned
   • DCreate an exception plan and submit it to the project board for approval
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5. 4foundation · easy

   How is the plans practice tailored to suit the project environment?

   • ABy ensuring that all plans are approved by the project board
   • BBy using the same planning approach for all projects
   • CBy creating a plan for every product in the project
   • DBy adjusting the level of detail and formality of plans based on the project's scale and complexity
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6. 5foundation · easy

   In PRINCE2, what is the purpose of setting tolerances in a plan?

   • ATo identify the project's stakeholders
   • BTo allow management by exception by defining acceptable deviations
   • CTo define the quality criteria for the project's products
   • DTo ensure that the project plan is approved by the project board
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