4.7.1 Explain the Purpose of the ‘progress’ Practice (11.1) PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 1)

Questions 1–5

1. 1foundation · easy

   In PRINCE2, which practice is responsible for forecasting the project's continued viability and controlling unacceptable deviations?

   • AThe 'quality' practice
   • BThe 'risk' practice
   • CThe 'progress' practice
   • DThe 'business case' practice
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2. 2application · medium

   A project manager is using the progress practice to monitor a project. The project is in the initiation stage. The project manager has produced a detailed plan for the first stage and an outline plan for the rest of the project. What is the primary purpose of the progress practice during this stage?

   • ATo create the project plan and the business case.
   • BTo monitor and control the initiation stage's progress against the plan.
   • CTo establish the tolerances for the project and the first stage.
   • DTo approve the project plan and authorize the first stage.
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4. 3application · medium

   A project manager is monitoring a project's progress. The project's business case is based on a specific market window. The project manager has received a report indicating that the project is on schedule and within budget. However, a competitor has just launched a similar product, which may reduce the project's expected benefits. What should the project manager do according to the progress practice?

   • AUpdate the business case to reflect the reduced benefits and continue with the project.
   • BEscalate the situation to the project board, presenting the potential impact on the business case and options for a decision.
   • CContinue with the project as planned, as the project is on schedule and within budget.
   • DInstruct the team to accelerate the project to launch before the competitor's product gains traction.
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5. 4foundation · easy

   What is the primary purpose of the 'progress' practice in PRINCE2?

   • ATo define the project's scope, deliverables, and acceptance criteria in detail before any work begins.
   • BTo establish mechanisms to monitor and compare actual achievements against those planned, provide a forecast for the project's objectives and continued viability, and control any unacceptable deviations.
   • CTo communicate the project's objectives and benefits to all stakeholders and gain their approval.
   • DTo ensure that all project team members are trained and competent to perform their assigned roles.
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6. 5application · medium

   A project is running a stage that is planned to last six months. At the end of the third month, the project manager notices that the actual cost is 15% over budget, but the time variance is within tolerance. The project board has set a cost tolerance of 10% for this stage. What should the project manager do first, according to the progress practice?

   • AImmediately stop the project work to prevent further cost overruns.
   • BAnalyze the deviation, forecast the impact on the project's objectives, and prepare options for the project board's decision.
   • CRevise the stage plan's budget to absorb the overrun and continue as planned.
   • DCreate a new plan for the remainder of the stage and present it to the project board for approval.
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