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EXIN Actual Free Exam Questions And Answers
EXIN PR2F (PRINCE2 Foundation written) Exam is a certification exam designed to assess a candidate's understanding of the PRINCE2 methodology. The PRINCE2 method is an established and widely-used project management framework that provides guidance on how to effectively manage and deliver projects. PRINCE2 is a flexible and adaptable framework that can be applied to projects of any size and in any industry.
The PRINCE2-Foundation Exam measures a candidate's knowledge of the PRINCE2 methodology, including the key concepts, processes, and themes used in project management. PR2F exam covers various topics, including project initiation, planning, execution, monitoring, and control. Additionally, the exam tests a candidate's ability to tailor the PRINCE2 methodology to different project environments and scenarios. Passing the PRINCE2-Foundation Exam is a valuable credential for project managers, team members, and other professionals involved in managing projects.
The PR2F certification program has been developed by EXIN, a leading provider of IT certification programs worldwide. The PR2F exam is intended for individuals who are new to project management or who want to enhance their existing knowledge and skills in project management. It is also suitable for those who are looking to develop a career in project management.
NEW QUESTION # 66
What is the result of the change derived from using the project's product?
- A. Dis-benefit
- B. Benefit
- C. Outcome
- D. Output
Answer: C
Explanation:
Section: Volume B
NEW QUESTION # 67
What should the 'managing product delivery' process ensure?
1. That the planned products meet their quality criteria
2. That the stage plan is kept up to date
3. That the project board is provided with progress information
4. That the planned products are delivered within tolerance
- A. 2 and 3
- B. 1 and 2
- C. 1 and 4
- D. 3 and 4
Answer: D
Explanation:
Section: Volume B
Explanation/Reference:
Reference http://prince2.wiki/Managing_Product_Delivery
NEW QUESTION # 68
Identify the missing words in the following sentence. At the end of a stage, the [ ? ] should be used to check whether there is a requirement to send copies of the End Stage Report to external interested parties.
- A. Quality Management Strategy
- B. Stage Plan
- C. Communication Management Strategy
- D. Follow-on action recommendations
Answer: C
NEW QUESTION # 69
What must be produced to meet the minimum requirements for applying the change theme?
- A. Details of the status of all products being produced
- B. Documentation on the version of each product
- C. Documentation on the corrective action for an issue
- D. Details of the decisions taken on all issues
Answer: D
Explanation:
Explanation
Reference http://prince2.wiki/Themes#Change_Theme
NEW QUESTION # 70
Which is a purpose of the Initiating a Project process?
- A. Identify the number of Work Packages required
- B. Establish solid foundations for a project
- C. Decide on the project approach
- D. Decide if it is worthwhile to initiate a project
Answer: B
NEW QUESTION # 71
Which is an objective of the 'starting up a project' process?
- A. To define the project quality management approach
- B. To appoint the project management team
- C. To select the project mandate
- D. To approve the initiation stage
Answer: B
Explanation:
One of the objectives of the 'Starting up a Project' process in PRINCE2 is to appoint the project management team. This step ensures that the necessary leadership and management roles are filled with competent individuals who can plan, oversee, and execute the project effectively from its initiation through to closure.
References: PRINCE2 7 Foundation Handbook and official training materials.
NEW QUESTION # 72
Which document should record the agreed amount of risk budget for a project?
- A. Risk Management Strategy
- B. Project Brief
- C. Risk Register
- D. Project Plan
Answer: A
Explanation:
The agreed amount of risk budget for a project is recorded in the Risk Management Strategy document. This document outlines how risks will be managed throughout the project, including the budget set aside specifically for implementing risk responses. It provides a structured approach to managing risks, including their identification, assessment, planning responses, and the funds allocated for these activities.
PRINCE2 7 Foundation handbook and documents.
NEW QUESTION # 73
Which describes an off-specification?
- A. The production of more than the defined quantity of a specialist product
- B. The addition of an improvement to a product description
- C. An interdependency between products that was previously unidentified
- D. A prototype demonstrating a possible design solution
Answer: C
Explanation:
Explanation
Reference https://www.prince2primer.com/prince2-change-control/
NEW QUESTION # 74
What process is used by the Project Manager to maintain focus on delivery of a stage's products within agreed tolerances?
- A. Directing a Project
- B. Controlling a Stage
- C. Managing a Stage Boundary
- D. Managing Product Delivery
Answer: B
Explanation:
Section: Volume A
NEW QUESTION # 75
Which is an objective of the 'directing a project' process?
- A. To review and approve a project mandate
- B. To obtain approval for completed products
- C. To ensure corporate or programme management has an interface to the project
- D. To define how risks, issues and changes will be managed
Answer: C
Explanation:
Explanation
Reference http://prince2.wiki/Directing_a_Project#Objective
NEW QUESTION # 76
What is an advantage of applying the 'manage by stages' principle?
- A. Tolerances can be defined for delegated authority
- B. The project has decision points so that it does not run on in an uncontrolled manner
- C. The PRINCE2 method can be used for any type of project
- D. The project delivers benefits that are aligned with strategic objectives
Answer: B
Explanation:
One advantage of applying the 'manage by stages' principle in PRINCE2 is that the project is broken down into manageable stages, providing decision points (stage boundaries). This helps in maintaining control by providing opportunities to review and, if necessary, adjust the project's direction and ensure it does not run on in an uncontrolled manner.
PRINCE2 Foundation Manual
NEW QUESTION # 77
Which statement about the quality review technique is FALSE?
- A. It is used to gain wider acceptance of a product by involving key interested parties
- B. It supports the management of future changes by providing a baseline for a product
- C. It defines the quality responsibilities of the project team
- D. It enables a check to be made on a product's fitness for purpose
Answer: C
Explanation:
The statement that the quality review technique defines the quality responsibilities of the project team is false. The quality review technique in PRINCE2 primarily focuses on checking the product's fitness for purpose, involving key parties to gain wider acceptance, and providing a baseline to manage future changes, but does not specifically define the quality responsibilities of the team. References: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.
NEW QUESTION # 78
Which statement applies to Stage Plans?
- A. Assist the Project Manager in the day-to-day running and control of the project
- B. Are produced at the same time as the Project Initiation Documentation
- C. Provide a baseline against which the Project Board monitor overall progress
- D. Always have the same duration as the Project Plan
Answer: A
Explanation:
Stage Plans in PRINCE2 are essential tools for the Project Manager, assisting in the day-to-day management and control of the project. Each Stage Plan provides the detail needed for each management stage of the project, including what work will be done, when it will be delivered, and who will be involved, thus facilitating effective project governance on a stage-by-stage basis. They do not necessarily match the duration of the Project Plan or get produced simultaneously with the Project Initiation Documentation.References: PRINCE2 7 Foundation handbook and other official documents.
NEW QUESTION # 79
Which risk response type is appropriate to respond to an opportunity?
- A. Fallback
- B. Accept
- C. Exploit
- D. Transfer
Answer: C
NEW QUESTION # 80
What product defines the reporting requirements between the Project Manager and Team Manager?
- A. Product Description
- B. Team Plan
- C. Project Brief
- D. Work Package
Answer: D
Explanation:
Section: Volume B
NEW QUESTION # 81
What is performed as part of the recommended risk management procedure?
- A. A budget to investigate issues is allocated
- B. Risk management practices are reviewed to ensure that they are performed effectively
- C. Conflicts between the project and the programme board are resolved
- D. Information about risks to the projects is sent to project stakeholders
Answer: A
Explanation:
Explanation/Reference:
Reference https://www.greycampus.com/opencampus/prince-2-foundation/prince2-risk-management- procedure
NEW QUESTION # 82
What must be included in the risk management approach, as a minimum requirement for applying the risk theme?
- A. An explanation of the company's risk appetite
- B. Estimations of the likelihood and impact of risks
- C. The names of the assigned actionees for each risk
- D. A description of the risk management procedure
Answer: D
Explanation:
The Risk Management Approach in PRINCE2 must include, at a minimum, a description of the risk management procedure. This description outlines how risks will be identified, assessed, and controlled throughout the project, ensuring that risk management is systematic and effective. References: PRINCE2 7 Foundation Handbook and official training materials.
NEW QUESTION # 83
Which is a purpose of the Quality theme?
- A. Establish quality assurance to maintain the quality management system
- B. Determine the communication needs of the organization's quality assurance function
- C. Identify all the products of the project to ensure the scope has been adequately defined
- D. Establish how the project will ensure that all products created meet their requirements
Answer: D
NEW QUESTION # 84
Which role is responsible for focusing on the safety and well-being of the project team?
- A. Project manager
- B. Project executive
- C. Project board
- D. Team manager
Answer: D
Explanation:
In the PRINCE2 framework, the team manager is the role primarily responsible for the welfare, including the safety and well-being, of the project team. This role involves managing the team environment and ensuring that team members are supported throughout the project's lifecycle.
PRINCE2 7 Foundation guide and resources detailing project roles and responsibilities.
NEW QUESTION # 85
Which of the following statements about stakeholders are true?
1. Someone who thinks they will be affected by a project is a stakeholder on that project.
2. Stakeholders may be internal or external to the corporate organization.
- A. Both 1 and 2 are true
- B. Neither 1 or 2 are true
- C. Only 1 is true
- D. Only 2 is true
Answer: A
Explanation:
Section: Volume A
NEW QUESTION # 86
Identify the missing words in the following sentence. A Project Manager agrees the [ ? ] with a Team Manager.
- A. project cost tolerance
- B. stage cost tolerance
- C. Work Package cost tolerance
- D. product cost tolerance
Answer: C
NEW QUESTION # 87
If a project is part of a programme, which 'starting up a project' process activities are MOST likely to be reduced or eliminated?
- A. Planning the initiation stage and appointing the project manager
- B. Appointing the project board and producing the project brief
- C. Verifying the project approach and capturing previous lessons
- D. Producing the additional role descriptions and validating the project product description
Answer: B
Explanation:
Explanation
Reference http://prince2.wiki/Starting_Up_a_Project#Activities
NEW QUESTION # 88
How should effective issue management be applied When changing management products?
- A. By Implementing a change budget to fund changes to the project product
- B. By recording the required change to a management product as an off-specification
- C. By creating new versions of a management product when a change is approved
- D. By changing the issue management approach at the end of each stage to reflect lessons
Answer: C
Explanation:
Effective issue management in PRINCE2 should involve creating new versions of management products whenever a change is approved. This practice ensures that all documentation reflects the most current understanding and agreements regarding the project's scope and requirements. It helps maintain the integrity and relevance of the project documentation throughout its lifecycle, facilitating effective governance and control.
(PRINCE2 7 Foundation Handbook, AXELOS)
NEW QUESTION # 89
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