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Prince2-Foundation PRINCE2 Exam Lab Questions

PRINCE2 Foundation Exam Questions and Answers

Question 49

What is established during the 'initiating a project' process?

Options:

A.

The agreed protect acceptance criteria

B.

The need for a configuration library

C.

A plan for the work or project initiation

D.

An understanding of the project's funding

Question 50

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.

Options:

A.

change budget

B.

project budget

C.

project's cost tolerance

D.

project's risk tolerance

Question 51

Why is it necessary to apply the 'defined roles and responsibilities' principle?

Options:

A.

Because the people involved in a project should know what is expected of them

B.

Because the project management team should be cross-functional

C.

Because the user and supplier interests should be involved on a need-to-know basis

D.

Because the project manager should represent all the stakeholders of the project