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 2)

Questions 6–10

1. 6foundation · easy

   What type of plan is created when a stage plan is forecast to exceed its tolerances?

   • AA benefits review plan
   • BAn exception plan
   • CA project plan
   • DA team plan
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2. 7application · medium

   A large bank is starting a project to implement a new core banking system. The project board has been appointed, and the project manager is now planning the project. The bank's head of IT operations wants to be involved in planning decisions. According to the 'defined roles and responsibilities' principle, what is the most appropriate way to involve the head of IT operations?

   • AAppoint the head of IT operations as a project board member so they can approve the project plan
   • BInclude the head of IT operations as a stakeholder to be consulted during the planning process
   • CAssign the head of IT operations the role of senior user on the project board
   • DAsk the head of IT operations to review and approve the stage plans, as they are responsible for the IT environment
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4. 8application · medium

   A construction company is building a new office block. The project board approved the business case and the project plan, which shows the project will deliver a 12% return on investment. During stage 2, the project manager discovers that a new building regulation will add significant cost to the remaining work. The project manager needs to assess whether the project is still worth doing before committing more money. What should the project manager use to make this assessment?

   • AThe stage plan for stage 2, updated with the new regulation costs, to check if the stage remains within tolerance
   • BThe benefits management approach, to confirm that the expected benefits are still aligned with the corporate strategy
   • CThe exception plan, created to show how the project will recover from the cost overrun caused by the new regulation
   • DThe project plan, revised to reflect the new regulation costs, to re-evaluate the business case's continued viability
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5. 9application · medium

   A small startup is running a 3-month project to launch a new website. The project has only two team members, and the project manager is also the product owner. The startup's CEO wants to keep overhead low. How should the plans practice be tailored for this project?

   • AUse the full PRINCE2 planning approach with all roles and documents, as tailoring is not allowed
   • BCreate a detailed project plan and a separate stage plan for each of the three months
   • CCreate a single combined project and stage plan, with the CEO approving it directly
   • DSkip planning entirely and use a kanban board to track daily tasks
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6. 10foundation · easy

   In the context of continued business justification, what do the project plans provide to support the business case?

   • AA comparison of actual progress against planned progress
   • BA detailed breakdown of the project team's roles
   • CThe costs, timescales, and benefits that are used to assess viability
   • DA list of all project risks and their responses
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