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EXIN PRINCE2 7 Foundation written Exam Sample Questions (Q236-Q241):

NEW QUESTION # 236
What is an advantage of applying the 'learn from experience' principle?

A. It allows the project board to delegate cost tolerances to the project manager
B. It allows the project team to identify improvements to be made during the project
C. It allows the project team to fully understand their roles and responsibilities
D. It allows the project manager to delegate time tolerances to the team managers

Answer: B

Explanation:
The 'learn from experience' principle in PRINCE2 encourages continuous learning and adaptation within the project team. By applying this principle, teams are able to capture and act upon lessons learned throughout the project, thereby identifying and implementing improvements in real-time, which can enhance project outcomes.
= PRINCE2 7 Foundation handbook and online resources

NEW QUESTION # 237
According to the 'manage by exception' principle, which statement about tolerances is CORRECT?

A. Whenever authority is delegated to the team manager, the focus should be on delivering within time and cost tolerances
B. Whenever authority is delegated to the project manager, the project board should set tolerances for the stage
C. Whenever there is a forecast to exceed a tolerance, it should be resolved at the next monthly project board meeting
D. Whenever there is a forecast to exceed a tolerance, it should be escalated to the project board

Answer: D

Explanation:
According to the 'manage by exception' principle in PRINCE2, when any forecast indicates that tolerances are likely to be exceeded, this issue must be escalated to the project board for decision-making. This principle supports efficient use of management time by only involving them when necessary, such as when predefined thresholds are anticipated to be breached.References: PRINCE2 7 Foundation handbook and documentation on the 'manage by exception' principle.

NEW QUESTION # 238
Identify the missing words in the following sentence. A risk budget is a sum of money included in the [ ? ] and set aside to fund specific management responses to a project's threats and opportunities.

A. project budget
B. project's cost tolerance
C. change budget
D. project's risk tolerance

Answer: A

NEW QUESTION # 239
Which process covers the work done by external suppliers who may NOT be using PRINCE2?

A. Managing Product Delivery
B. Managing a Stage Boundary
C. Closing a Project
D. Directing a Project

Answer: A

NEW QUESTION # 240
Which process ensures that key roles and responsibilities are allocated before a decision is made to initiate a project?

A. Starting up a Project
B. Initiating a Project
C. Managing a Stage Boundary
D. Managing Product Delivery

Answer: A

Explanation:
The process that ensures key roles and responsibilities are allocated before a decision is made to initiate a project is 'Starting up a Project'. This process is crucial as it involves the appointment of the project management team and ensures that there is a clear understanding of the project's initial structure and approach before formally initiating the project.
PRINCE2 7 Foundation handbook and documents.

NEW QUESTION # 241
......

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Reliable PR2F Braindumps Book, Test PR2F King

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EXIN PRINCE2 7 Foundation written Exam Sample Questions (Q236-Q241):

Famous PR2F Exam Questions Bring You the Most Helpful Learning Dumps - ValidExam