Master PRINCE2-7-Foundation Exam with Reliable Practice Questions
Upgrade to Premium
Which term is defined as the measurable threshold to represent the tolerable range of outcomes for each objective 'at risk'?
Correct : A
Risk tolerance is defined as the measurable threshold that represents the tolerable range of outcomes for each objective at risk. It quantifies the level of exposure to risk that an organization or project can withstand, helping to guide risk response planning and risk management strategies. Reference: (PRINCE2 7 Foundation Handbook, AXELOS)
Start a Discussions
The senior user needs to understand how user assurance will support the senior user on the project.
Which management product should the senior user review?
Correct : C
To understand how user assurance will support the senior user on the project, the senior user should review the 'Role Descriptions' management product. This document outlines the responsibilities and interfaces for all project roles, including how user assurance supports the senior user by ensuring that the project's products meet the needs and requirements of the users. Reference: PRINCE2 7 Foundation documentation on management products, particularly Role Descriptions.
Start a Discussions
The project manager is acting as the team manager and needs to control the work of a team member who reports to them.
Which management product should the project manager use to control this work?
Correct : A
When the project manager is also acting as the team manager, they should use a 'Work Package Description' to control the work of a team member. This management product details what is to be delivered, the reporting requirements, and the tolerances within which the team member must work, providing a clear definition and control mechanism for delegated tasks. Reference: PRINCE2 7 Foundation guide on management products, specifically Work Packages.
Start a Discussions
Which term is defined as the means by which an organization transitions to a desired future state?
Correct : A
Change management' is defined as the means by which an organization transitions to a desired future state. It involves the processes and techniques used to manage the people side of change to achieve the required business outcome, ensuring that changes are implemented smoothly and effectively. Reference: PRINCE2 7 Foundation materials on project management terms and definitions.
Start a Discussions
The team manager has organized a workshop with project stakeholders to define the detailed requirements for a number of outputs.
Which principle is being applied by the team manager as part of the 'people' element when holding this workshop?
Correct : A
By organizing a workshop with project stakeholders to define the detailed requirements for project outputs, the team manager is applying the PRINCE2 principle of 'Focus on Products.' This principle emphasizes that a project's primary focus should be on product definition, delivery, and quality requirements, which are crucial for achieving project success and user satisfaction. Reference: (PRINCE2 7 Foundation Handbook, AXELOS)
Start a Discussions