Question 1

Which describes risk probability?

Options :

A : Level of risks which the project can tolerate before escalating to the Project Board

B : Probable effect on the project delivering its objectives

C : Timeframe within which the risk may occur

D : A measure of the likelihood of the risk occurring

Answer: D

Question 2

Which of the following statements about lines of authority and reporting are true?

1. The Project Manager has day-to-day control for a management stage within the limits laid down by the Project Board.

2. If a Team Manager forecasts a deviation beyond Work Package tolerances, this should be referred to the Project Manager down by the Project Board.

Options :

A : Only 1 is true

B : Only 2 is true

C : Both 1 and 2 are true

D : Neither 1 or 2 are true

Answer: A

Question 3

In what process is the authorization to deliver the project's products given?

Options :

A : Starting up a Project

B : Initiating a Project

C : Managing a Stage Boundary

D :

Directing a Project

Answer: D

Question 4

Which statement about the Directing a Project process is FALSE?

Options :

A : Supports the PRINCE2 principle of manage by exception

B : Is triggered by a request to initiate a project

C : Covers the day-to-day activities of the Project Manager

D : Provides a mechanism for the Project Board to assure that there is continued business justification

Answer: C

Question 5

Which is a purpose of the Starting up a Project process?

Options :

A : Provide information so a decision can be made asto whether a project is viable and worthwhile to initiate

B : Define the means of communication between the project and corporate or programme management

C : Define the project controls

D : Record any identified risks in the Risk Register

Answer: A