PRINCE2 Exam Sample Questions and Answers for 2024

Preparing for the PRINCE2 exam can be challenging, but you can confidently tackle it with the right resources. In this blog, we've compiled essential PRINCE2 exam questions and detailed answers to help you understand key concepts and improve your chances of passing. Whether revising or starting your study journey, these questions will guide you through the most important topics.

1. What is the Initial Step in the Recommended Risk Management Procedure?

  1. Assess
  2. Plan
  3. Implement
  4. Identify

Answer: D. Identify
Explanation: The first step in risk management is to identify the risk. Only after identification can the risk be assessed and responses planned and implemented.

2. Which Statements About a Project's Stakeholders are Accurate?

  1. A stakeholder is anyone who believes they will be impacted by a project.
  2. Stakeholders require the same level of engagement from the project management team.
  3. Stakeholders remain constant throughout the project lifecycle.
  4. A stakeholder can be either internal or external to the corporate organization.
  1. 1 and 2
  2. 2 and 3
  3. 3 and 4
  4. 1 and 4

Answer: D. 1 and 4
Explanation: (1) Individuals or groups outside the project management team may need to interact with the project or be affected by its outcomes.
(4) The communication management approach outlines how and when communication will occur with internal and external stakeholders.

3. Identify the Missing Word in the Following Sentence:

A purpose of the [? ] theme is to control any unacceptable deviations from the project's objectives.

  1. Progress
  2. Plans
  3. Change
  4. Risk

Answer: A. progress
Explanation: The progress theme is intended to provide mechanisms for monitoring progress against set tolerances and includes controls to escalate issues if forecasts indicate that tolerances may be exceeded.

4. Which is a Minimum Requirement for Applying the Organization Theme?

  1. To define the project assurance role of team managers
  2. To combine roles, where possible, to simplify the organization
  3. To define the approach to engaging with stakeholders
  4. To appoint a business change manager as senior user when the project is part of a program

Answer: C. To define the approach to engaging with stakeholders
Explanation: To adhere to PRINCE2, a project must at least define its approach to communicating and engaging with stakeholders.

5. What is Determined When Tailoring PRINCE2 to Fit the Project?

  1. Which of the six tolerance areas will be included
  2. When the project's progress will be reviewed
  3. Which primary stakeholder interests will be represented
  4. When the project's outputs will be delivered

Answer: B. When the project's progress will be reviewed
Explanation: The purpose of tailoring is to ensure that project controls are aligned with the project's scale, complexity, importance, team capability, and risk. This includes deciding the frequency and formality of reporting and progress reviews.

6. Which Statement About the 'Continued Business Justification' Principle is Accurate?

  1. The justification for compulsory projects does not require approval
  2. There must be no changes to the reasons for a project
  3. A formal business case document is required
  4. The chosen option must provide value for money

Answer: D. The chosen option must provide value for money
Explanation: Even compulsory projects must be supported by a business justification, ensuring that the chosen option represents value for money.

7. Which Regular Report Provides the Project Board With a Summary of the Stage Status?

  1. Highlight report
  2. Product status account
  3. Lessons report
  4. Checkpoint report

Answer: A. Highlight report
Explanation: The highlight report summarizes the stage status at intervals determined by the board. This report helps the board monitor the progress of each stage and the overall project.

8. Which Statement About the Project Support Role is Accurate?

  1. It can be performed by the project manager
  2. It is an optional role for a PRINCE2 project
  3. It produces checkpoint reports for the project manager
  4. It can be combined with the project assurance role

Answer: A. It can be performed by the project manager
Explanation: The project manager is responsible for the project support role unless it is delegated to another person or team.

9. What Must be Produced as a Minimum Requirement for Applying the Plans Theme?

  1. A hierarchy of all the products to be produced during a plan
  2. A record of the issues that are being formally managed during a plan
  3. A diagram showing the sequence of production of the planned products
  4. A record of the major risks relating to the project plan

Answer: A. A hierarchy of all the products to be produced during a plan
Explanation: PRINCE2 requires creating and maintaining four key products, one of which is the product breakdown structure. This structure is a hierarchy listing all the products to be produced during a plan.

10. What is the Purpose of a Project Brief?

  1. To capture lessons from previous projects
  2. To confirm that the project can deliver the detailed business case
  3. To define the quality techniques to be applied during the project
  4. To document a common understanding of the starting point for the project

Answer: D. To document a common understanding of the starting point for the project
Explanation: The project brief ensures that there is a common understanding and a well-defined starting point for the project.

11. Which is an Objective of the 'Managing Product Delivery' Process?

  1. To ensure that work on products is authorized
  2. To ensure that the business case is kept under review
  3. To report progress to the project board
  4. To sign off completed work packages

Answer: A. To ensure that work on products is authorized
Explanation: One of the objectives of the 'managing product delivery' process is to ensure that work on products allocated to the team is properly authorized and agreed upon.

12. In Which Process are Team Plans Produced?

  1. Initiating a project
  2. Controlling a stage
  3. Managing product delivery
  4. Managing a stage boundary

Answer: C. Managing product delivery
Explanation: The Team manager creates team plans during the 'managing product delivery' process.

13. How is the 'Learn from Experience' Principle Applied?

  1. By reviewing the management of previous projects
  2. By defining the customer's expectations of the project's products
  3. By defining cost tolerances for project objectives
  4. By delegating responsibilities to a different level of management

Answer: A. By reviewing the management of previous projects
Explanation: The 'learn from experience' principle is applied by reviewing previous or similar projects to identify lessons that can be implemented in the current project.

14. Which Product is a Time-Driven Control?

  1. End stage report
  2. Checkpoint report
  3. Exception report
  4. Lessons report

Answer: B. Checkpoint report
Explanation: Checkpoint reports are considered time-driven controls as they are produced at predefined periodic intervals. The frequency and format of these reports are agreed upon in the work package.

15. When Should the Project Board Seek a Decision from Corporate, Programme Management, or the Customer?

  1. When the stage requires resources
  2. If it is forecasted that project-level tolerance will be exceeded
  3. If the senior supplier or senior user needs to be changed
  4. When any request for change needs to be approved

Answer: B. If it is forecasted that project-level tolerance will be exceeded
Explanation: The project board should escalate to corporate, programme management, or the customer if it is forecasted that project-level tolerance will be exceeded since these tolerances are set by those higher authorities.

16. What is a Reason Why the 'Defined Roles and Responsibilities' Principle Must be Applied?

  1. Because each project will have unique outputs
  2. Because more than one function may be involved in the project
  3. Because projects may have duplicated or inconsistent objectives
  4. Because stages provide senior management with control points

Answer: B. Because more than one function may be involved in the project
Explanation: Projects typically involve multiple functions, making it essential to clearly define roles and responsibilities. This clarity helps ensure that all professionals understand their roles and the expectations placed on others.

17. Which Process is Initiated by the Project Manager's Request to Begin a Project?

  1. Starting up a project
  2. Initiating a project
  3. Directing a project
  4. Managing a stage boundary

Answer: C. Directing a project
Explanation: The project manager's request to initiate a project triggers the 'directing a project' process, in which the project board has the authority to formally authorize the project's initiation.

18. What is the Objective of the 'Starting Up a Project' Process?

  1. To obtain approval for the project plan from corporate, programme management, or customer
  2. To ensure that all team managers understand their responsibilities
  3. To confirm that there are no known restrictions that would prevent the project from being delivered
  4. To prepare the project initiation documentation for authorization to initiate the project

Answer: C. To confirm that there are no known restrictions that would prevent the project from being delivered
Explanation: One objective of the 'starting up a project' process is to verify that there are no significant constraints or incorrect assumptions that could hinder the project's delivery. This step ensures that resources are not allocated to a flawed project.

19. Which Principle is Being Applied When a Project Product Description is Produced?

  1. Continued business justification
  2. Manage by stages
  3. Learn from experience
  4. Focus on products

Answer: D. Focus on products
Explanation: Creating a product description exemplifies the 'focus on products' principle by clearly defining what the project will deliver, detailing the quality expectations, and setting the acceptance criteria.

20. What is a Minimum Requirement for Applying the Risk Theme?

  1. Identified threats and opportunities must be documented
  2. A risk budget must be established to manage risks
  3. A risk breakdown structure must be created
  4. Risk checklists must be used to ensure risks are identified

Answer: A. Identified threats and opportunities must be documented
Explanation: PRINCE2 mandates using a risk register to document all identified threats and opportunities, making this a minimum requirement for applying the risk theme.

21. Which Statements Apply to a Stage Plan?

  1. It is produced for the project during the 'initiating a project' process.
  2. It is produced close to the time when the planned events will take place.
  3. It provides the basis for day-to-day control by the project manager.
  4. It provides the basis for control by the project board.
  1. 1 and 2
  2. 2 and 3
  3. 3 and 4
  4. 1 and 4

Answer: B. 2 and 3
Explanation: (2) A stage plan is typically created towards the end of the preceding stage as part of the 'managing a stage boundary' process, ensuring it is relevant to the upcoming activities.
(3) The stage plan is detailed enough to facilitate the project manager's day-to-day control of the project.

22. Which is the Purpose of the Benefits Management Approach?

  1. To document the justification for undertaking a project.
  2. To summarize project performance to date for the project board to decide what action to take next.
  3. To provide the reasons for the project, to be included in the business case.
  4. To provide a schedule for measuring the achievement of benefits.

Answer: D. To provide a schedule for measuring the achievement of benefits
Explanation: The benefits management approach is specifically used to plan and measure how and when the project's benefits will be realized.

23. Which Responsibility is Typically Assumed for Customers in the PRINCE2 Customer/Supplier Environment?

  1. To develop the project's products
  2. To provide the skills to deliver the desired outcome
  3. To ensure the technical integrity of the project
  4. To specify the desired outcome

Answer: D. To specify the desired outcome
Explanation: In the PRINCE2 framework, it is generally assumed that the customer is responsible for specifying what they want the project to achieve and often for funding the project.

24. What is the Purpose of the Risk Management Approach?

  1. To recommend responses for each of the project risks
  2. To summarize exposure to strategic, programme, project, and operational risks
  3. To define the techniques to be used when assessing project risks
  4. To identify suitable risk owners for each of the project risks

Answer: C. To define the techniques to be used when assessing project risks
Explanation: The risk management approach is designed to outline the specific risk management techniques and standards that will be applied throughout the project, along with assigning responsibilities for carrying out these procedures effectively.

25. Which Product Management Should Always be Updated When a Product Fails its Quality Check?

  1. Risk register
  2. Issue register
  3. Quality register
  4. Lessons log

Answer: C. Quality register
Explanation: The quality register is designed to record the outcomes of all quality activities, including the results of quality checks. This makes it the essential document to update when a product fails its quality check.

26. Identify the Missing Word in the Following Sentence.

The purpose of the [ ? ] process is to establish solid foundations for the project.

  1. Managing a stage boundary
  2. Managing product delivery
  3. Directing a project
  4. Initiating a project

Answer: D. Initiating a project
Explanation: The 'initiating a project' process is designed to establish solid foundations for the project by enabling the organization to fully understand the necessary work required to deliver the project's products before committing significant resources.

27. Which Two Statements About Tailoring are CORRECT?

  1. Processes can be simplified or carried out in more detail.
  2. Terminology can be changed to suit organizational standards
  3. Themes that are not relevant to the project can be excluded.
  4. Project management team members can carry out any combination of roles.
    1. 1 and 2
    2. 2 and 3
    3. 3 and 4
    4. 1 and 4

Answer: A 1 and 2
Explanation:

  • Processes can be combined or adapted according to project needs.
  • Terminology within the project can be modified to align with other standards or organizational policies.

28. Which Type of Issue Should be Raised if a New Product is Required After a Team has Started Work?

  1. A problem
  2. An off-specification
  3. A request for change
  4. A concern

Answer: C. A request for change
Explanation: When a new product is required after the project team has already started work, this necessitates changing the baselined product description. It should be classified as a request for change, which involves modifying the already approved project plans or products.

29. Which Characteristic Distinguishes a Project from Regular Business Operations?

  1. It introduces business change
  2. It produces benefits
  3. It manages stakeholders
  4. It incurs cost

Answer: A. It introduces business change
Explanation: Projects are specifically designed to introduce and implement business changes. Once these changes are in place, regular business operations, or "business as usual," continue in the updated form. This distinguishes projects from regular business operations, which do not inherently involve such changes.

30. Which Process is Used by a Team Manager to Coordinate Work on One or More of the Project's Products?

  1. Initiating a project
  2. Controlling a stage
  3. Managing a stage boundary
  4. Managing product delivery

Answer: D. Managing product delivery
Explanation: The 'managing product delivery' process enables team managers to coordinate and manage the work required to deliver one or more of the project's products. This process ensures that the work assigned is completed as planned and that the products meet the specified quality criteria.

31. Who Does the Senior User Represent When Making Decisions?

  1. The people or organizations that design the project's products
  2. The people or organizations that benefit from using the project's product
  3. Project delivery teams
  4. Corporate, programme management, or customer

Answer: B. The people or organizations that benefit from using the project's product
Explanation: The senior user is responsible for making decisions for those who will benefit from the project's products, ensuring that their needs and expectations are met.

32. What is an Output?

  1. A negative outcome
  2. The result of the change derived from using the project's products
  3. The measurable improvement resulting from an outcome
  4. Any of the project's specialist products

Answer: D. Any of the project's specialist products
Explanation: An output refers to any specialist product that is delivered to a user as part of the project. It is a tangible or intangible item that the project produces. Management products, however, are not considered outputs, as they are created solely for the purpose of managing the project.

33. What is Established Within the 'Initiating a Project' Process?

  1. The different ways that the project product can be delivered
  2. The formats for communicating project information to stakeholders
  3. All the information to develop the project brief is available
  4. Any constraints that could affect the project have been removed

Answer: B. The formats for communicating project information to stakeholders
Explanation: The 'initiating a project' process aims to ensure a common understanding of the communication needs within the project, including who needs information, in what format, and at what time.

34. Which Roles CANNOT be Combined With the Role of Project Assurance?

  1. Project manager
  2. Project support
  3. Senior user
  4. Executive
  1. 1 and 2
  2. 2 and 3
  3. 3 and 4
  4. 1 and 4

Answer: A. 1 and 2
Explanation:

  • Project assurance must remain independent and cannot be combined with the role of the project manager, as it needs to objectively assess the project's progress.
  • Similarly, project assurance must be independent of project support to ensure unbiased oversight and evaluation of the project.

35. What Must the Project Board Do as a Minimum Requirement for Applying the Change Theme?

  1. Define a change authority
  2. Request a product status account
  3. Establish a change budget
  4. Agree on acceptable corrective actions

Answer: A. Define a change authority
Explanation: To apply the change theme according to PRINCE2, defining the roles and responsibilities for change control is essential, including establishing a defined change authority. This is the minimum requirement.

36. Which Statement Describes a Threat to a Project?

  1. An event that has occurred resulting in a negative impact on objectives
  2. An uncertain event that could have a favorable impact on objectives
  3. An uncertain event that could have a negative impact on objectives
  4. An event that has occurred resulting in a favorable impact on objectives

Answer: C. An uncertain event that could have a negative impact on objectives
Explanation: A threat is defined as an uncertain event that, if it occurs, could have a negative impact on the project's objectives.

37. Which Aspect of Project Performance Must be Managed to Clearly Understand What the Project is to Deliver?

  1. Timescale
  2. Costs
  3. Risk
  4. Scope

Answer: D. Scope
Explanation: Managing the project's scope is essential to ensure a clear understanding of what the project is to deliver. Clear agreement on the scope helps avoid any incorrect assumptions by users and suppliers about the deliverables.

38. Which is One of the Four Integrated Elements within PRINCE2?

  1. Quality
  2. Role descriptions
  3. Processes
  4. Product descriptions

Answer: C. Processes
Explanation: One of the four integrated elements within PRINCE2 is "Processes." The integrated elements of PRINCE2 are the principles, themes, processes, and the project environment.

39. What Should be Provided by Corporate, Programme Management, or Customer Before 'Starting Up a Project' Process Commences?

  1. A project brief with details outlining the project approach
  2. The project initiation documentation
  3. Sufficient information to identify the prospective executive
  4. Authority to initiate a project

Answer: C. Sufficient information to identify the prospective executive
Explanation: Before the 'starting up a project' process begins, corporate, programme management or the customer should provide a project mandate that includes sufficient information to identify at least the prospective executive of the project board.

40. How is the 'Manage by Exception' Principle Applied?

  1. By providing lessons so that mistakes made in previous projects do not happen
  2. Dividing the project into a minimum of two management stages
  3. Ensuring that the project continues to be desirable, viable, and achievable
  4. Setting controls to warn the higher level of management of potential problems

Answer: D. Setting controls to warn the higher level of management of potential problems
Explanation: The 'manage by exception' principle is applied by establishing controls that set tolerances for the project. If these tolerances are forecasted to be exceeded, the issue is escalated to the next higher level of management to decide how to proceed.

41. What is the Responsibility of the Managing level Within the Project Management Team?

  1. To ensure that the products are produced within the constraints agreed with the project board
  2. To approve the stage completion of each stage
  3. To set project-level tolerances
  4. To appoint the roles in project management team

Answer: A. To ensure that the products are produced within the constraints agreed with the project board
Explanation: The managing level, typically the project manager, is responsible for ensuring that the project's products are delivered within the constraints and tolerances set by the project board.

42. What is a Risk Cause?

  1. A known situation which creates uncertainty
  2. An area of uncertainty that could create a problem
  3. A positive consequence of an exploited opportunity
  4. A negative consequence of a threat occurring

Answer: A. A known situation which creates uncertainty
Explanation: A risk cause refers to the underlying situation or condition that gives rise to uncertainty, often referred to as the risk driver. It is the source that may lead to a risk event.

43. What is the Purpose of the 'Closing a Project' Process?

  1. To provide a fixed point at which acceptance of the project product is confirmed
  2. To inform the project board that the final stage is about to start
  3. To provide the project board with sufficient information to confirm continued business justification
  4. To define the handover procedures for the project's product

Answer: A. To provide a fixed point at which acceptance of the project product is confirmed
Explanation: The purpose of the 'closing a project' process is to provide a fixed point at which the acceptance of the project's product is formally confirmed, marking the project's conclusion.

44. What is the Benefit of Applying the 'Manage by Stages' Principle?

  1. The project management team will understand the tolerances allowed
  2. The project management team will understand the customer's expectations
  3. The project will have review and decision points so that progress can be assessed
  4. The key stakeholders in the project will have representation on the project board

Answer: C. The project will have review and decision points so that progress can be assessed
Explanation: The 'manage by stages' principle ensures that the project has clear review and decision points, allowing the project board to regularly assess progress and determine the ongoing viability of the project.

45. What is the Benefit of Using PRINCE2?

  1. It prevents any changes after the scope of a project has been agreed
  2. It includes techniques for critical path analysis and earned value analysis
  3. It enables a project manager to be accountable for the success of a project
  4. It provides established and proven best practice and governance for project management

Answer: D. It provides established and proven best practice and governance for project management
Explanation: PRINCE2 is based on established and proven best practices and governance principles for project management, offering a structured approach that has been widely tested and recognized.

46. What is An Objective of the 'Closing a Project' Process?

  1. To prepare for the final stage of the project
  2. To check that all the project's products have been accepted by the users
  3. To capture the customer's quality expectations
  4. To ensure that all benefits have been achieved

Answer: B. To check that all the project's products have been accepted by the users
Explanation: One of the objectives of the 'closing a project' process is to ensure that the users have accepted all the project's products, confirming that the project has met its deliverables.

47. What Must be Used as a Minimum Requirement for Applying the Progress Theme?

  1. Highlight reporting
  2. Stage authorization
  3. Work package authorization
  4. Checkpoint reporting

Answer: B. Stage authorization
Explanation: To apply the progress theme in PRINCE2, a project must, at a minimum, be managed by stages, requiring stage authorization. This aligns with PRINCE2's 'manage by stages' principle.

48. What Must Be Recorded in the Quality Management Approach as a Minimum Requirement for Applying the Quality Theme?

  1. The quality tools and techniques to be used
  2. The project's approach to quality planning
  3. The definition of the quality records required
  4. The approach to managing project assurance

Answer: D. The approach to managing project assurance
Explanation: As a minimum requirement for applying the quality theme in PRINCE2, the quality management approach must define the project's approach to quality control and project assurance, how quality management is communicated throughout the project lifecycle, and the roles and responsibilities for quality management.

49. What is the Purpose of the 'Directing a Project' Process?

  1. To enable overall control of a project by the project board
  2. To provide the information required to initiate a project
  3. To establish the level of control required after initiation
  4. To provide sufficient information to approve the next stage plan

Answer: A. To enable overall control of a project by the project board
Explanation: The 'directing a project' process allows the project board to maintain overall control of the project, especially after the initiation phase, ensuring that the project remains aligned with its objectives and constraints.

50. Identify the Missing Words in the Following Sentence.

PRINCE2 requires that the business justification is formally verified by [ ? ] at stage boundaries.

  1. Corporate, programme management, or customer
  2. Project support
  3. The project board
  4. The change authority

Answer: C. The project board
Explanation: In PRINCE2, the business justification is developed at the beginning of the project and is reviewed and updated throughout its lifecycle. The project board is responsible for formally verifying the business justification at each key decision point, such as at stage boundaries, to ensure the project remains aligned with its objectives and continues to be justified.

51. What is the Purpose of Organization Theme?

  1. To set the tolerance on the cost of resources
  2. To plan the training needed for the delivery of the project
  3. To implement the controls required to manage by exception
  4. To define the structure of accountability and responsibilities on the project

Answer: D. To define the structure of accountability and responsibilities on the project
Explanation: The purpose of the organization theme in PRINCE2 is to establish and define the project's structure of accountability and responsibilities, ensuring that everyone involved understands their roles and who is responsible for what.

52. What is the Purpose of the Change Theme?

  1. To prevent changes to what was agreed in the project initiation documentation
  2. To assess and control a project's threats and opportunities
  3. To ensure any potential changes to baselined products are controlled
  4. To identify changes needed to the project as a result of acting on lessons

Answer: C. To ensure any potential changes to baselined products are controlled
Explanation: The purpose of the change theme in PRINCE2 is to ensure that any changes to baselined products are controlled and agreed upon by the relevant authority before they are implemented. This control helps manage changes effectively without disrupting the project's objectives.

53. Identify the Missing Word in the Following Sentence.

Quality [ ? ] defines the type of quality methods the project will use.

  1. Planning
  2. Control
  3. Assurance
  4. Tolerance

Answer: A. Planning
Explanation: As part of quality planning in PRINCE2, it is the project's responsibility to define the type of quality methods that will be used. This information is documented in the project's quality management approach, which may reference the corporate organization's quality management system.

54. What is the Purpose of the 'Starting Up a Project' Process?

  1. To establish whether the project plan can meet the required target dates
  2. To ensure that the prerequisites for initiating the project are in place
  3. To assemble the project initiation documentation so the project can be initiated
  4. To confirm to corporate, programme management, or customer that quality expectations will be met

Answer: B. To ensure that the prerequisites for initiating the project are in place
Explanation: The purpose of the 'starting up a project' process is to confirm that all prerequisites are in place, allowing the project to proceed to the initiation phase. This process ensures that there is enough information to determine whether the project is viable and worthwhile.

55. Which Statement About Management Stages is CORRECT?

  1. A project can be scheduled without management stages
  2. There can be more than one delivery step within a management stage
  3. Several management stages can be scheduled to run at the same time
  4. Delivery steps and management stages should end togetherDelivery steps and management stages should end together

Answer: B. There can be more than one delivery step within a management stage
Explanation: In PRINCE2, it's possible to have more than one delivery step within a single management stage. This allows for flexibility in how the work is organized and delivered within the overall project structure.

56. What is the Purpose of the Quality Theme?

  1. To define how the project will ensure that its products are fit for purpose
  2. To define the procedures for the control and modification of project products
  3. To establish mechanisms to judge whether the project remains desirable and achievable
  4. To enable the assessment of continuing project viability

Answer: A. To define how the project will ensure that its products are fit for purpose
Explanation: The purpose of the quality theme in PRINCE2 is to establish how the project will ensure that its products meet the required standards and are fit for their intended purpose, aligning with business expectations.

57. What is the Objective of the 'Managing a Stage Boundary' Process?

  1. To enable the project board to commit resources and expenditure required for the initiation stage
  2. To ensure a periodic review is carried out to approve the products created within the completed stage
  3. To act as a break between those managing the project and those creating products
  4. To review and, if necessary, update the project initiation documentation

Answer: D. To review and, if necessary, update the project initiation documentation
Explanation: One of the objectives of the 'managing a stage boundary' process in PRINCE2 is to review and, if needed, update the project initiation documentation. This ensures that key documents like the business case, project plan, and strategies remain relevant and accurate as the project progresses.

58. What is the Task of 'Defining and Analyzing Products'?

  1. Design the plan
  2. Create the product flow diagram
  3. Analyze the risks
  4. Prepare the schedule

Answer: B. Create the product flow diagram
Explanation: Creating the product flow diagram involves 'defining and analyzing products' within the PRINCE2 planning procedure. This step helps visualize the sequence and dependencies of the products that need to be delivered.

59. Which Activity Can Take Place Within the 'Managing a Stage Boundary' Process?

  1. Produce an exception plan
  2. Take corrective action within stage tolerances
  3. Produce highlight reports
  4. Authorize a stage plan for the next stage

Answer: A. Produce an exception plan
Explanation: In the 'managing a stage boundary' process, an exception plan may be required if the project is forecasted to exceed its stage tolerances. The project board may request this re-planning, and the exception plan is produced as part of the 'managing a stage boundary' process.

60. What Does the 'Initiating a Project' Process Provide?

  1. Approval from the project board to proceed with the project if it is worthwhile
  2. Information for the project board to decide if the project is aligned with business objectives
  3. Approval from the project manager for work to be started by delivery teams
  4. Definition of the suppliers' obligations for controlling the work package delivery

Answer: B. Information for the project board to decide if the project is aligned with business objectives
Explanation: The 'initiating a project' process provides the necessary information for the project board to determine whether the project is aligned with the business objectives and whether it should proceed.

Conclusion

Mastering these PRINCE2 exam questions and answers is vital to ensuring your readiness for the certification test. By practicing and understanding the logic behind each question, you’ll enhance your ability to think critically under exam conditions and be well-prepared to handle the complexities of the actual exam.

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FAQs on PRINCE2 Exam Questions and Answers

1. What type of Questions Can I Expect in the PRINCE2 Exam?

The PRINCE2 exams typically include multiple-choice questions that test your understanding of project management principles, processes, themes, and terminology specific to PRINCE2 methodologies.

2. Can I Use Reference Materials During the PRINCE2 Exams?

For the Foundation exam, no reference materials are allowed. The Practitioner exam is an open-book test, but only the official PRINCE2 manual is permitted.

3. What is the Best Way to Prepare for the PRINCE2 Exams?

Combine studying the official PRINCE2 manual with attending a training course offered by an accredited training organization. Also, practicing with old exam questions can greatly enhance your readiness.

4. What Happens if I Fail the PRINCE2 Exam?

If you fail the PRINCE2 exam, you can retake it anytime. Review your exam results to understand your weak areas, and consider additional study or training before attempting the exam again.

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