Question 1

Product based planning focuses on which of the following:

1. Creating product descriptions

2. Identifying activities

3. Creating a Product hierarchy

4. Creating a Product sequence

Options :

A : Product based planning focuses on which of the following: 1. Creating product descriptions 2. Identifying activities 3. Creating a Product hierarchy 4. Creating a Product sequence

B : 2, 3, 4

C : 1, 3, 4

D : 1, 2, 4

Answer: A

Question 2

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?

Options :

A : Yes, because the project manager can adapt or combine PRINCE2 process to suit the project

B : Yes, because the standard course development structure should be tailored to suit the project.

C : No, because a simple project should have no more than two management stages.

D : No, because the standard course development structure should be applied to the project.

Answer: B

Question 3

The delivery of the pilot courses has been split into two separate products: ‘planned pilot courses’ and ‘delivered pilot courses’. ‘Planned pilot courses’ will be produced during stage 3, and the ‘delivered pilot courses’ will take place during stage 4. This will allow the project board to approve the plan for the pilot courses before the resources are committed to delivering the pilot courses. Why is this an appropriate application of the plans theme to control the project?

Options :

A : Because a PRINCE2 project should focus on the quality of the products being delivered

B : Because the pilot courses have been broken down into two separate products

C : Because the project board should ensure that lessons from one stage are applied to the next stage

D : Because the project board should ensure that lessons from one stage are applied to the next stage

Answer: D

Question 4

While capturing previous lessons, the Project Manager discovered several interesting facts about outsourcing. Which fact is an appropriate lesson for the Outsourcing project?

Options :

A : Outsourcing is a growth industry and is being implemented by many private sector organizations.

B : Four other government departments are also considering outsourcing some of their business functions next year.

C : Contracts with service providers should include the timescale within which readiness for service is expected following the transfer of equipment and staff.

Answer: C

Question 5

The Sales Director would like to add a new company logo to the 'marketing material'. The change to the project scope has been approved by the project board. It is expected to delay product and stage completion date by 3 days and cost £900. The stage 2 cost tolerance of +£1,000 has not been used. The change budget of £500 has not been used. Which option describes how this change should be funded?

Options :

A : £400 of the stage 2 cost tolerance and the £500 change budget should be used

B : £900 needed for the change should be taken from the stage 2 cost tolerance

C : £900 of additional funding will need to be requested to pay for the change.

D : £400 will need to be requested in addition to the £500 change budget.

Answer: D