Free PRF – PRINCE2 Foundation Practice Test Question

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  Customers

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  Project Support

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  Stakeholders

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  Team members
  

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  Risk Register

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  Issue Register

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  Work Package

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  Configuration Management Strategy
  

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  technical stage

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  benefit

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  management stage

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  Team Plan
  

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  Identify risks to the project that might occur in their department

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  Own and authorize the use of the risk budget to fund risk responses

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  Manage, monitor and control all aspects of an assigned risk

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  Determine project risk appetite
  

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  Show the reason for the tolerance deviation from a Stage Plan or Project Plan

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  Reduce the number of exception assessments, by agreeing a budget to cover the costs of any requests for change

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  Identify the actions required to recover from the effect of a tolerance deviation

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  Define the changes which are within the scope of the change budget
  

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  Business Case

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  Plans

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  Progress

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  Quality
  

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  Initiating a Project

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  Controlling a Stage

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  Managing a Stage Boundary

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  Managing Product Delivery
  

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  A substantial amount of the project budget is to be spent

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  More human resources are required than in other stages

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  The risk is lower

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  No changes to the project management team are envisaged
  

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  Define the period over which the cost-benefit analysis will be based

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  Describe how to measure the performance of the project's products in operational use

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  Define the scope, timing and ownership of the benefit reviews required

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  Describe how to measure and confirm any benefits that are to be realised after the project is closed
  

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  Defined roles and responsibilities

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  Learn from experience

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  Manage by exception

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  Focus on products
  

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  Create an Exception Report

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  Create a Highlight Report

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  Raise an issue

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  Grant a concession
  

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  Define quality responsibilities

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  Gain acceptance of the project product

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  Agree acceptance criteria

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  Set quality tolerances
  

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  Always have the same duration as the Project Plan

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  Are produced at the same time as the Project Initiation Documentation

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  Assist the Project Manager in the day-to-day running and control of the project

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  Provide a baseline against which the Project Board monitor overall progress
  

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  Accept

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  Fallback

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  Exploit

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  Transfer
  

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  Summarize progress to enable the Project Board to decide what action to take next

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  Summarize how the project performed against the version of the Project Initiation Documentation used to authorize it

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  Provide the detailed analysis of a deviation and offer options for the way to proceed

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  Provide a plan for the next stage of the project