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PRINCE2 Foundation Sample Questions:

1. Which is a definition of a risk cause?

A) How likely a risk is to occur in a given project situation
B) The overall effect of a risk on the Business Case
C) The impact of a risk on the stage and project tolerance
D) The source of a risk

2. What type of progress control is a Checkpoint Report?

A) Exception-based
B) Time-driven
C) Event-driven
D) Ad hoc-based

3. Identify the missing words in the following sentence. If the Project Manager needs to know the results of a quality review, the [ ? ] will provide a summary together with the date of any follow-up meeting.

A) Stage Plan
B) Daily Log
C) Issue Register
D) Quality Register

4. How does PRINCE2 define a project?

A) A temporary team that is created to direct and oversee a collection of related projects in order to deliver outcomes and benefits related to the organization's strategic objectives
B) A temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case
C) A permanent organization that is created for the purpose of realizing one or more business benefits
D) A permanent team that is created to deliver a series of business change initiatives

5. What is risk appetite?

A) The levels of risk exposure that, when exceeded, will trigger an Exception Report
B) An organization's unique attitude towards risk taking that in turn dictates the amount of risk that it considers acceptable
C) The net financial effect of all risks when aggregated together
D) A stakeholder's perception of how a risk effects them

Solutions: