1.1 Analyse the Application of PRINCE2 Principles in Context PRINCE2-PRACTITIONER-VERSION-7 Practice Questions (Page 2)

Questions 6–10

1. 6expert · hard

   A medium-sized company is running a project to implement a new ERP system. The project is moderately complex and has some risks. The project manager has decided to use a full PRINCE2 approach with all roles and processes. However, the project board wants to reduce the number of stages to speed up the project. What should the project manager do?

   • AReduce the number of stages as the board requested, even if it increases risk.
   • BRefuse to tailor and insist on the original number of stages.
   • CAsk the project board to approve the full approach without any changes.
   • DExplain that the number of stages should be based on the project's risk and complexity, and propose a tailored stage plan.
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2. 7foundation · easy

   In PRINCE2, what is a product description used for?

   • ATo document the project's risks and issues
   • BTo list the project's activities and dependencies
   • CTo define the product's purpose, composition, and quality criteria
   • DTo assign roles and responsibilities to team members
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4. 8application · medium

   A construction company is starting a new project to build a warehouse. A previous similar project experienced delays because the foundation design was not approved early enough. The project manager wants to apply the learn from experience principle. What should the project manager do?

   • AReview the lessons log from the previous project and incorporate the early approval requirement into the project plan.
   • BCreate a new lessons log at the end of the project to capture what went wrong.
   • CAsk the project board to approve the foundation design before the project starts.
   • DInclude a generic risk about design approval in the risk register.
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5. 9foundation · easy

   In PRINCE2, what should a project manager do if a stage is forecast to exceed its cost tolerance?

   • AAdjust the project's business case without approval
   • BReduce the quality of deliverables to save costs
   • CContinue the stage and hope costs come down
   • DEscalate the exception to the project board
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6. 10application · medium

   A small startup is running a low-risk project to update its internal wiki. The project has only two team members and a short duration. The project manager wants to apply the tailor to suit the project principle. What should the project manager do?

   • AApply all PRINCE2 processes and management products exactly as described in the manual.
   • BUse a heavyweight project management methodology instead of PRINCE2.
   • CUse a simplified version of PRINCE2 with fewer management products and lighter reporting.
   • DSkip the project initiation documentation because the project is small.
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