2024 Updated Verified PRINCE2-Practitioner dumps Q&As - 100% Pass Guaranteed [Q146-Q170]

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2024 Updated Verified PRINCE2-Practitioner dumps Q&As - 100% Pass Guaranteed

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PRINCE2 Practitioner Exam is a comprehensive exam that covers a wide range of topics related to project management. It is designed to test the candidate's ability to apply the PRINCE2 methodology in real-world project scenarios. PRINCE2-Practitioner exam is divided into two parts: the first part is a multiple-choice exam that tests the candidate's knowledge of the PRINCE2 methodology, while the second part is a scenario-based exam that tests the candidate's ability to apply the PRINCE2 methodology in practical situations.


PRINCE2 Practitioner certification exam is a globally recognized certification that validates a candidate’s knowledge and understanding of the PRINCE2 methodology. PRINCE2, which stands for Projects IN Controlled Environments, is a widely used project management framework that provides a structured approach to managing projects. The PRINCE2 Practitioner certification exam is designed to test a candidate’s ability to apply the PRINCE2 methodology in real-world scenarios.

 

NEW QUESTION # 146
During stage 1 the level of performance expected from the service provider was changed. After this change was agreed which of these products will require updating?

  • A. Project Brief because this is maintained throughout the project to reflect the customer's quality expectations.
  • B. Project Product Description because this contains details of the expected performance of the project's products.
  • C. Quality Management Strategy because this is where all of the customer's quality expectations of the project's products should be documented.

Answer: B


NEW QUESTION # 147
What is the purpose of a Product Status Account?

  • A. A report covering the status about the state of the projects products within
  • B. A set of records that describe information about the project
  • C. An audit or review to compare actual status of products
  • D. A log used to record problems or concerns about products

Answer: A


NEW QUESTION # 148
Which statement is TRUE with regard to technical stages?

  • A. Technical stages define where management decisions are appropriate
  • B. Technical stages often overlap
  • C. Technical stages define the commitment of resources and authority to spend
  • D. Technical stages can only occur sequential

Answer: B


NEW QUESTION # 149
The Health and Safety Training Project is part of a programme of strategic expansion, which is important for
ABC Company's continued operation. At the end of stage 2, the estimated project costs are greater than the
expected benefits in the business case. The project board has reviewed the situation and asked programme
management to decide whether the project should be closed prematurely.
Is this an appropriate application of the 'manage by stages' principle, and why?

  • A. Yes, because the project board should escalate significant decisions to programme management.
  • B. No, because the project board should decide whether to continue with the project.
  • C. No, because this contradicts the 'manage by exception' principle.
  • D. Yes, because decisions about closure should be escalated to programme management, unless otherwise
    instructed.

Answer: D


NEW QUESTION # 150
Which of the following statements are True:
1.Quality management is the complete set of quality standards, procedures and responsibilities for a site or organization.
2.Quality planning is about defining products required of the project with their respective quality criteria, methods and responsibilities.
3.Quality control focuses on the operational techniques and activities used to carry out quality inspections
4.Quality assurance ensures that quality methods are being correctly followed.

  • A. 1, 3 & 4
  • B. 1, 2 & 3
  • C. 2, 3 & 4
  • D. 1, 2 & 4

Answer: B


NEW QUESTION # 151
Which other management product is created when the Business case is updated during Initiating a Project?

  • A. Post project review plan
  • B. Issue Register
  • C. Risk Register
  • D. Benefits Review plan

Answer: D


NEW QUESTION # 152
HOTSPOT
Project Scenario
Calendar Project (Note: The companies and people within the scenario are fictional.) There has been a reduction in fie number of orders at the MNO Manufacturing Company due in part to the increased marketing activities of its competitors. To help counter this, the company has decided to create a promotional calendar for next year for all its current and prospective customers. The end product of this project will be a prepared calendar pack, ready for printing. The design of the calendar will be similar to one sent out previously, and must reflect the company image as described in the existing corporate branding standards. Another project is currently producing a new company logo when is to be printed on each page of the promotional calendar. The prepared calendar pack will consist of:
Design for each month - correctly showing at public holidays and new company logo

Selected photographs- 12 professionally-produced photographs, showing different members of staff

Selected paper and selected envelope - for printing and mailing the calendar

Chosen label design - a competition to design a label will be held as part of this project

List of customers - names and addresses of customers to whom the calendar will be sent.

The project is currently in initiation and will have two further stages:
Stage 2 will include tie activities to:
Create the customer fast using information from the Accounts and Marketing departments

Confirm compliance with the Data Protection Legislation

Create a design for each month - this will be done by the internal creative team

Select and appoint a professional photographer

Gather photograph design ideas from previous project and agree photographic session schedule

Prepare a production cost forecast

Select paper and envelope.

Stage 3 will include the activities to:
Produce and select tie professionally-taken photographs

Hold the label design competition and choose the label design

Assemble the prepared calendar pack.

A production cost forecast, based on the options and costs for the paper, envelope, printing and marketing of the calendar is to be produced in stage 2. However, the actual production and distribution of the calendars is not within the scope of the project. The product cost forecast will be reviewed by the Project Board to determine whether tie project should continue.
It is now 05 October and the prepared calendar pack must be delivered to the print company by 30 November, to enable printing and distribution of the calendar in time for Christmas. The cost of the activities to develop the specialist products and the cost of the project management activities are estimated to be £20,000. There is a project time tolerance of +1 week /-2 weeks and a project cost tolerance of +
£6,000 / -£6,000. A change budget of £500 has been allocated but there is no risk budget.
Lines 1 to 6 in the table below consist of an assertion statement and a reason statement For each line identify the appropriate option, from options 1 to 6, that applies. Each option can be used once, more than once or not at all.
Hot Area:

Answer:

Explanation:


NEW QUESTION # 153
The development of the 'e-learning course' will be outsourced to an external supplier and their key members will join the project management team. The supplier wants to keep their work processes confidential and not share these with ABC Company. ABC Company has agreed.
Who should approve the external supplier's team plan?

  • A. Corporate, programme management or customer
  • B. Senior supplier
  • C. Supplier assurance
  • D. Project manager

Answer: A


NEW QUESTION # 154
Who is responsible for reviewing the risk management practices to ensure they are in line with the project's risk management strategy?

  • A. Project Assurance
  • B. Team Manager
  • C. Project Support
  • D. Project Manager

Answer: A


NEW QUESTION # 155
The Work Package has been in progress for four weeks and has four weeks remaining. The Information Technology Team Manager is concerned that he has no idea what the service provider is doing about preparing to accept the transfer of Information Technology equipment and staff. He is uncertain about what should be happening.
Which 2 initial actions should the Team Manager take in response to this concern?

  • A. Check the Communication Management Strategy to ascertain what records of communications with the service provider are required.
  • B. Raise an issue to notify the Project Manager of this concern.
  • C. Check the Information Technology Work Package for development interfaces to see whether the service provider Team Manager should have been liaising with the Information Technology team during development.
  • D. Raise this concern in the next fortnightly Checkpoint Report.
  • E. Notify the Project Manager by raising an Exception Report.

Answer: B,C

Explanation:
Topic 11, Managing a Stage Boundary and Closing a Project


NEW QUESTION # 156
HOTSPOT
Additional Information
A photographer from Portraits Ltd, a professional photographic company, has taken on the role of Team Manager after taking some time to understand the requirements of the project. A contract for their services has been set up and is being monitored by the Purchasing Manager and a Work Package has been agreed. This contract specifies that the photographer must arrange a meeting with the Engineering Manager to establish a schedule for the photo sessions to minimize the impact on the Engineering staff. This meeting should have occurred by now.
The Engineering Manager was made aware of this requirement but when asked he reported that he has received no communication from the photographer. The Project Manager has tried to call the photographer and has had no response. The Project Manager believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients' work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected benefits will be reduced.
The contract is to be reviewed and Portraits Ltd reminded of their agreement.
The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.
Column 1 contains a number of risk responses identified by the Project Manager following an assessment of this risk. Column 2 contains a list of threat response types. For each risk response in Column 1, select from Column 2 the type of response it represents. Each option from Column 2 can be used once, more than once or not at all.
Drop down the right answer.

Answer:

Explanation:


NEW QUESTION # 157
Project Scenario - Health and Safety Training Project:
ABC Company is a well-established training company that uses a standard model to develop training materials and deliver courses to customers.
ABC Company has commissioned a project in response to recent changes in government legislation relating to health and safety on construction sites. The project will deliver "capability to provide health and safety training", including the materials needed for classroom-based training and e-learning. The expected benefits for construction companies include a reduction in lost days and legal costs due to accidents.
The e-learning course will be developed by a specialist external consultancy. The materials for classroom- based training will be delivered by ABC Company's development team. All course materials will be piloted before they are used. ABC Company will deliver training to its customers and also hopes to sell the course materials to other training companies as part of their operational business. ABC Company will use their own sales and marketing departments to promote the courses.
The legislation requires construction companies to comply with the new legislation within two years. The course materials and trainers have to be accredited by a government agency before courses can be delivered. ABC Company is planning to deliver pilot courses within five months of starting the project.
The ABC Company standard development model for new courses recommends the following stages:
End of the Project scenario.
Additional Information:
The Chief Executive Officer (CEO) founded the company five years ago. Under her leadership, ABC Company has grown quickly into a successful training company. It delivers a range of accredited professional training.
The Finance Director is also a founder member of ABC Company and is responsible for authorizing budgets for the Operations and Development Teams. She authorizes all large contracts personally.
The Purchasing Manager reports to the Finance Director and is responsible for managing and monitoring supplier contracts.
The Operations Director is responsible for the delivery off all training and for the training development budget. His department organizes courses, venues and trainers. They work with the Product and the Sales teams to provide a comprehensive training schedule. ABC Company's IT manager reports to the Operations Director.
The Business Development Director has recently been appointed to identify new training needs and propose new products. She will work with the Operations. Director to ensure a cost-conscious approach and that appropriate development technologies are used for the health and safety course.
The Training Development Manager reports to the Business Development Director and is responsible for developing training materials and gaining accreditation, in accordance with the standard course development model. Course developers in his team have skills in a range of development technologies and are allocated to projects as needed.
The Training Delivery Manager, who reports to the Operations Director, is responsible for ensuring that internal and external trainers deliver ABC Company training courses to the required standard. He also checks course materials to ensure they are fit for purpose and of the required quality.
The Central Services Director has responsibility for corporate communications, facilities management and configuration management. He recently led a project to consolidate all company quality systems into one quality management system and set up a corporate quality department, now managed by the Corporate Quality Manager.
The Corporate Document Manager reports to the Central Services Director. She helped establish the company's document management system and now operates it across the business. She manages a team of administrators and contracts staff when workload is high.
The Sales Director joined ABC Company two months ago and is keen to establish himself by suggesting new markets for the courses and material. All account managers and the marketing team report to him.
They promote existing training courses to other training companies and existing customers.
End of the additional information.
At the end of stage 2, the specialist 'e-learning course' supplier will be selected. As a result, it is decided that the quality management approach will not be created until the end of stage 2, to take into account this supplier's standards and techniques.
Is this appropriate, and why?

  • A. No, because the quality management approach should be limited to ABC Company's quality standards.
  • B. No, because the quality management approach should be created during the initiation stage and updated later.
  • C. Yes, because the product description for each product will define the required quality approach within each stage.
  • D. Yes, because the quality management approach should take into account the supplier's standards, tools and techniques.

Answer: D


NEW QUESTION # 158
Scenario
A central government department, the Ministry of Food Hygiene (MFH), faces increasing pressure to cut costs, better manage suppliers' performance and reduce the confusion caused by inadequate internal controls, outdated standards and outdated technology. External consultants were employed to conduct a feasibility study to identify options to address the problems, and the likely costs and benefits. The following options were considered:
Do nothing.
Re-engineer selected business functions.
Outsource selected business functions.
The feasibility study concluded that there was a case for outsourcing the MFH Information Technology Division and the Facilities Division (maintenance of buildings and grounds). The recommendations were:
One service provider should be contracted to provide the services currently provided by the Information Technology Division and the Facilities Division.
A 10-year service contract should be agreed with the selected service provider.
The feasibility study developed high-level designs of the current organization, processes, systems and operating models, plus an outline Business Case for the required project. The external consultants also made the following recommendations for the management of the project:
Use PRINCE2.
Set up the project with 4 management stages:
Stage 1. Standard PRINCE2 initiation activities.
Stage 2. Create detailed designs (future organization, processes, systems and operating models) and the service level agreement between MFH and the future service provider.
Stage 3. Request and evaluate proposals, select service provider and agree contract.
Stage 4. Transfer equipment and staff, transfer responsibility for service provision and run trial period.
Initial estimates indicated that the project would cost £2.5m and take two years to complete.
MFH senior management agreed that there was a case for outsourcing, and accepted the recommendations as a basis for the project. There is an expected saving of £20m over 10 years.
The Outsourcing project has completed the Starting up a Project process and is now in the initiation stage.
Because of the strategic importance of the project, the MFH Chief Executive Officer has taken the role of Executive. A PRINCE2-experienced Project Manager has been appointed from within MFH. Staff within the business functions being outsourced will work with the external consultants who conducted the feasibility study to define the detailed designs.
Which 2 statements should be recorded under the Expected benefits heading?

  • A. The total expected savings over 10 years, at current prices, is £20m.
  • B. The confirmed cost of the Outsourcing project is £2.5m, but with considerable savings over 10 years.
  • C. Outsourcing would allow MFH to take advantage of the best services the outsourcing industry has to offer.
  • D. The 10-year outsourcing contract will enable MFH to stabilize costs at agreed levels.
  • E. The 10-year outsourcing contract, at current prices, will be worth £80m.

Answer: A,D


NEW QUESTION # 159
Who is responsible for reviewing the risk management practices to ensure they are in line with the project's risk management strategy?

  • A. Project Assurance
  • B. Team Manager
  • C. Project Support
  • D. Project Manager

Answer: A

Explanation:
Explanation/Reference:
Testlet 1
Scenario:
The Ministry of Food Hygiene (MFH) has a quality management system which contains a document control process to manage all documentation requirements. The document control process was created by the MFH Quality Manager, who now maintains all of MFH's documents and performs an organization-wide configuration management role. The MFH Quality Manager will administer the configuration management procedure for the Restructuring project since this must comply with the MFH document control process.


NEW QUESTION # 160
ABC Company has a number of projects in progress. The executive of the Health and Safety Training Project is also a member of the project board for two other projects and is very busy. As a result, during this initiation stage, the executive has appointed another person to carry out both their business assurance and the role of change authority for minor and medium severity issues.
Is this appropriate, and why?

  • A. No, because the project manager identifies the level of tailoring that is relevant for the project.
  • B. Yes, because people with delegated project assurance roles may act as the change authority.
  • C. Yes, because projects that are likely to have many changes should delegate the change authority.
  • D. No, because the decision to have a change authority should be made before the project is authorized.

Answer: B


NEW QUESTION # 161
ORGANIZATION
Use the 'Additional Information' in the Scenario Booklet to answer this question.
Here are three individuals who work for ABC Company.
Which project management team role (A-F) would be the most appropriate for each individual?
Choose only one role for each individual. Each role can be used ONCE, or not at all.

Answer:

Explanation:
Explanation


NEW QUESTION # 162
Which 2 statements apply to the Acceptance criteria section?

  • A. Delete entry 22 because the development of the new company logo is not within the scope of the Calendar
    project.
  • B. Amend entry 21 to 'Appearance - 12 photos each showing different members of staff.
  • C. Move entry 21 to Composition because the photos are part of the final product.
  • D. Delete entry 24 because this is NOT a suitable acceptance criteria for this project.
  • E. Move entry 23 to Derivation because the Data Protection Act already exists.

Answer: A,B

Explanation:
Explanation/Reference:
Quality Theme
Testlet 2
Scenario
Additional Information
Product Description

Quality notes from the Daily Log
The Director of Information Technology Division (DIT) has been asked to ensure that any changes to the
outsourced staff employment contracts adhere to employment law. The DIT will review future job descriptions
of the transferred staff before the final contract is signed with the selected service provider.
The service level agreement between MFH and the selected service provider will specify the type and quality of
service required. The selected service provider must follow the industry standards for providing outsourced
services.
MFH has a quality management system which contains a document control procedure for all its documentation,
however this does not include change management.
All project documents will be subject to a quality review. Nominated products will require a formal approval
record signed-off by the quality review chair.
Extract from the draft Quality Management Strategy (may contain errors)
Introduction
1. This document defines the approach to be taken to achieve the required quality levels during the project.
2. The Project Board will have overall responsibility for the Quality Management Strategy.
3. Project Assurance will provide assurance on the implementation of the Quality Management Strategy.
Quality management procedure - Quality standards
4. The selected service provider will operate to industry standards for providing outsourced services.
5. MFH document standards will be used.
Records
6. A Quality Register will be maintained to record the planned quality events and the actual results from the
quality activities.
7. Configuration Item Records will be maintained for each product to describe its status, version and variant.
8. Approval records for products that require them will be stored in the quality database.
Roles and responsibilities
9. The DIT will check that the employment contracts for outsourced staff adhere to employment law.
10. Team Managers will provide details of quality checks that have been carried out.
11. Team Managers will ensure that the Quality Register is updated with the names of team members who are
involved in the review process.
12. The Senior User will review the Product Descriptions of the products to be produced by the selected
service provider to ensure that they can be achieved.


NEW QUESTION # 163
The project is in stage 2. The project manager is reviewing stage status and has collected the checkpoint reports from the team managers. These show that the products are being completed on schedule.
However, project support has raised issues that quality reviews have not been completed as agreed. The project manager reports in the highlight report that the stage is progressing well.
Is this appropriate, and why?

  • A. Yes, because the highlight report is a summary of the information in the checkpoint reports.
  • B. No, because the issues raised by project support are a cause for concern and should be reflected in the highlight report.
  • C. No, because the project manager should have recorded the cause of the delay to the quality reviews in the lessons log.
  • D. Yes, because the highlight report is used to provide the project board with stage and project progress.

Answer: B


NEW QUESTION # 164
The Work Package has been in progress for four weeks and has four weeks remaining. The Information Technology Team Manager is concerned that he has no idea what the service provider is doing about preparing to accept the transfer of Information Technology equipment and staff. He is uncertain about what should be happening.
Which 2 initial actions should the Team Manager take in response to this concern?

  • A. Check the Communication Management Strategy to ascertain what records of communications with the service provider are required.
  • B. Raise an issue to notify the Project Manager of this concern.
  • C. Check the Information Technology Work Package for development interfaces to see whether the service provider Team Manager should have been liaising with the Information Technology team during development.
  • D. Raise this concern in the next fortnightly Checkpoint Report.
  • E. Notify the Project Manager by raising an Exception Report.

Answer: B,C


NEW QUESTION # 165
Scenario
A photographer from Portraits Ltd, a professional photographic company, has taken on the role of Team Manager after taking some time to understand the requirements of the project. A contract for their services has been set up and is being monitored by the Purchasing Manager and a Work Package has been agreed. This contract specifies that the photographer must arrange a meeting with the Engineering Manager to establish a schedule for the photo sessions to minimize the impact on the Engineering staff. This meeting should have occurred by now.
The Engineering Manager was made aware of this requirement but when asked he reported that he has received no communication from the photographer. The Project Manager has tried to call the photographer and has had no response. The Project Manager believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients' work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected benefits will be reduced.
The contract is to be reviewed and Portraits Ltd reminded of their agreement.
The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under the Roles and responsibilities heading?

  • A. Each risk will be assigned a risk owner.
  • B. Project Assurance will ensure that project risks are identified, assessed and controlled according to the agreed risk management procedure.
  • C. Risk tolerances are allocated to each stage by the Project Manager.
  • D. An external consultant is to facilitate a risk identification workshop.
  • E. Risks exceeding the agreed project risk tolerance will be reported to the Project Board.

Answer: B,E


NEW QUESTION # 166
Project Scenario - Health and Safety Training Project:
ABC Company is a well-established training company that uses a standard model to develop training materials and deliver courses to customers.
ABC Company has commissioned a project in response to recent changes in government legislation relating to health and safety on construction sites. The project will deliver "capability to provide health and safety training", including the materials needed for classroom-based training and e-learning. The expected benefits for construction companies include a reduction in lost days and legal costs due to accidents.
The e-learning course will be developed by a specialist external consultancy. The materials for classroom-based training will be delivered by ABC Company's development team. All course materials will be piloted before they are used. ABC Company will deliver training to its customers and also hopes to sell the course materials to other training companies as part of their operational business. ABC Company will use their own sales and marketing departments to promote the courses.
The legislation requires construction companies to comply with the new legislation within two years. The course materials and trainers have to be accredited by a government agency before courses can be delivered.
ABC Company is planning to deliver pilot courses within five months of starting the project.
The ABC Company standard development model for new courses recommends the following stages:

End of the Project scenario.
Additional Information:
The Chief Executive Officer (CEO) founded the company five years ago. Under her leadership, ABC Company has grown quickly into a successful training company. It delivers a range of accredited professional training.
The Finance Director is also a founder member of ABC Company and is responsible for authorizing budgets for the Operations and Development Teams. She authorizes all large contracts personally.
The Purchasing Manager reports to the Finance Director and is responsible for managing and monitoring supplier contracts.
The Operations Director is responsible for the delivery off all training and for the training development budget. His department organizes courses, venues and trainers. They work with the Product and the Sales teams to provide a comprehensive training schedule. ABC Company's IT manager reports to the Operations Director.
The Business Development Director has recently been appointed to identify new training needs and propose new products. She will work with the Operations. Director to ensure a cost-conscious approach and that appropriate development technologies are used for the health and safety course.
The Training Development Manager reports to the Business Development Director and is responsible for developing training materials and gaining accreditation, in accordance with the standard course development model. Course developers in his team have skills in a range of development technologies and are allocated to projects as needed.
The Training Delivery Manager, who reports to the Operations Director, is responsible for ensuring that internal and external trainers deliver ABC Company training courses to the required standard. He also checks course materials to ensure they are fit for purpose and of the required quality.
The Central Services Director has responsibility for corporate communications, facilities management and configuration management. He recently led a project to consolidate all company quality systems into one quality management system and set up a corporate quality department, now managed by the Corporate Quality Manager.
The Corporate Document Manager reports to the Central Services Director. She helped establish the company's document management system and now operates it across the business. She manages a team of administrators and contracts staff when workload is high.
The Sales Director joined ABC Company two months ago and is keen to establish himself by suggesting new markets for the courses and material. All account managers and the marketing team report to him. They promote existing training courses to other training companies and existing customers.
End of the additional information.
ABC Company has a standard course development model with four defined stages that the company manages using PRINCE2. The project manager for the Health and Safety Training Project has recommended the stage 2 of the standard model be split into two separate stages. As a result, there will now be five management stages in the project.
Is this an appropriate application of the 'tailor to suit the project' principle, and why?

  • A. No, because a simple project should have no more than two management stages.
  • B. Yes, because the standard course development structure should be tailored to suit the project.
  • C. Yes, because the project manager can adapt or combine PRINCE2 process to suit the project.
  • D. No, because the standard course development structure should be applied to the project.

Answer: B


NEW QUESTION # 167
Scenario
A photographer from Portraits Ltd, a professional photographic company, has taken on the role of Team Manager after taking some time to understand the requirements of the project. A contract for their services has been set up and is being monitored by the Purchasing Manager and a Work Package has been agreed. This contract specifies that the photographer must arrange a meeting with the Engineering Manager to establish a schedule for the photo sessions to minimize the impact on the Engineering staff. This meeting should have occurred by now.
The Engineering Manager was made aware of this requirement but when asked he reported that he has received no communication from the photographer. The Project Manager has tried to call the photographer and has had no response. The Project Manager believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients' work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected benefits will be reduced.
The contract is to be reviewed and Portraits Ltd reminded of their agreement.
The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under the Risk tolerance heading?

  • A. The Project Manager's threshold level of risk exposure is low impact and probability.
  • B. The risk budget will have a tolerance of +/~ 10%.
  • C. The Project Board's threshold level of risk exposure is any combination of medium, high and very high impact, with high and very high probability.
  • D. The cost of all fallback plans must be contained within the project's tolerance.
  • E. Corporate management's threshold level of risk exposure is any combination of high and very high impact and probability.

Answer: C,D


NEW QUESTION # 168
MANAGING A STAGE BOUNDARY
The ABC Company trainers have been accredited and the course booking procedures have been amended.
The 'managing a stage boundary' process is taking place at the end of stage 3.
Which activity should occur during the 'update the business case' activity?

  • A. Update the overall plan with the time and cost taken to develop the 'e-learning course' and 'amended
    course booking procedures'
  • B. Break the 'planned pilot courses' down into component products in order to identify the work required to
    deliver them.
  • C. Review whether a new team manager should be appointed to lead the delivery of the pilot courses during
    stage 4.
  • D. Review whether the possible sales of the training course to external companies are likely to cover the
    project costs.

Answer: A


NEW QUESTION # 169
Additional Information
Chief Executive Officer (CEO): He started the company 25 years ago and knows his job very well. He injured his leg two years ago which has restricted his visits to the engineering area. As CEO he has an overall perspective of the business strategic requirements and the authority to commit resources as required.
Marketing Director: She has been with the company for three years, following a successful career with a publicity company. She has the ability to represent the needs of the business, particularly as this is a marketing project. She has the authority to commit the annual business marketing budget, from which the project will be funded, as she sees appropriate. She will be responsible for monitoring the expected benefits of the calendar, in particular the improvement of the company's image.
Engineering Manager: He has been responsible for many engineering innovations in the company and is still as keen and energetic as the day he started. VVhilst he will not be part of the project team, his staff will feature in the photos for the promotional calendar.
Central Records: This group of five staff looks after all company records and document control. They now maintain all project files.
Bright Lights: This is the local office supplies company. It supplies all the stationery and office equipment needs of the company and will supply the stationery for this project.
Portraits ltd: This is a professional photographic company with a number of excellent photographers and a history of successful work. This company has been selected to take the photos for the company calendar. It has yet be decided which of the photographers to use.
Which 2 statements explain why the Sales Manager should be appointed as a Senior User for this project?

  • A. He is able to represent current and prospective customer interests.
  • B. He would like to move into the Marketing department in the future and sees this as an opportunity to work closely with the Marketing Director.
  • C. He joined the company last year with huge enthusiasm.
  • D. The launch of a company calendar will impact the Sales department.
  • E. He reports directly to the Marketing Director.

Answer: A,D


NEW QUESTION # 170
......

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