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EX0-002 Online Practice Questions and Answers

Questions 4

When considering risks, which describes an opportunity in a project?

A. An uncertain event that could have a negative impact on objectives

B. An uncertain event that could have a favourable impact on objectives

C. An event that has occurred resulting in a negative impact on objectives

D. An event that has occurred resulting in a favourable impact on objectives

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Questions 5

Which of the following is NOT an event-driven control?

A. Project mandate

B. Checkpoint Report

C. Exception Report

D. End of a stage

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Questions 6

What process is used by the Project Board to respond to an Exception Report?

A. Controlling a Stage

B. Managing a Stage Boundary

C. Managing Product Delivery

D. Directing a Project

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Questions 7

Why is the Initiating a Project process used?

A. To decide which project approach is suitable for the project

B. To fully understand how the project objectives will be achieved before committing significant resources

C. To produce the required Work Packages

D. To enable corporate or programme management to give authorization to deliver a project

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Questions 8

How is a Benefits Review Plan used in the Closing a Project process?

A. Checked for inclusion of activities to confirm those benefits which cannot be measured until after project closure

B. To capture the baseline measures against which to assess benefits

C. To capture side-effects (beneficial or adverse) identified during post-project benefits reviews

D. To gain approval for the post-project activities and transfer responsibility to corporate or programme management

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Questions 9

Identify the missing words in the following sentence. A Change Authority may be given a [?] to enableit to finance new requirements.

A. change budget

B. cost tolerance

C. risk budget

D. scope tolerance

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Questions 10

What takes place during the Closing a Project process?

A. The post-project benefits reviews are performed

B. Ownership of the project's products is transferred to the customer

C. An End Stage Report is prepared for the final stage

D. The project closure notification is reviewed and approved

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Questions 11

Who carries out audits that are independent of the project?

A. Quality assurance

B. Project Assurance

C. Project Support

D. Project Manager

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Questions 12

Which is a typical core activity within configuration management?

A. Assessment

B. Communication

C. Quality control

D. Status accounting

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Questions 13

Which is an objective of the Managing a Stage Boundary process?

A. Understand what has gone well and what can help the next stage

B. Review and approve the next Stage Plan

C. Assure the Project Board that all project products have been completed and approved

D. Prepare an Exception Report to advise the Project Board of a forecast deviation from tolerance

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Exam Code: EX0-002
Exam Name: PRINCE2 FoundationExam
Last Update: Jan 02, 2025
Questions: 149
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