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PRINCE2 Practitioner Exam Sample Questions (Q107-Q112):
NEW QUESTION # 107
Which of the following statements best describes what a risk owner is?
- A. Carry out the response actions to a risk
- B. Reports to the project manager regularly on the status of a risk
- C. Best placed to keep an eye on the risk
- D. Responsible for management, monitoring and control of all aspects of a risk
Answer: D
NEW QUESTION # 108
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. Corporate management's threshold level of risk exposure is any combination of high and very high impact and probability.
- B. The cost of all fallback plans must be contained within the project's tolerance.
- C. The Project Manager's threshold level of risk exposure is low impact and probability.
- D. 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.
- E. The risk budget will have a tolerance of +/~ 10%.
Answer: B,D
NEW QUESTION # 109
The project is nearing the end of stage 2. The Sustainability Manager records a lesson learned in the daily log that could be used on other projects in the portfolio.
Is this an appropriate use of the 'learn from experience' principle, and why?
- A. No, because the lesson should be shared beyond the project
- B. Yes, because recording the lesson ensures learning on this project
- C. No, because the lesson should be marked as "logged"
- D. Yes, because the daily log is used for informal issues and lessons
Answer: A
Explanation:
PRINCE2 distinguishes between lessons relevant only to the current project and lessons that could benefit the wider organization. While the daily log is suitable for informal recording, PRINCE2 is clear that lessons with wider applicability should be escalated and shared through lessons reports and organizational learning mechanisms.
The scenario explicitly states that the lesson could be used on other projects within the portfolio. PRINCE2 guidance emphasizes that learning should contribute to organizational maturity, not remain isolated within a single project. Therefore, simply recording the lesson in the daily log is insufficient.
Option C is correct because the Sustainability Manager should ensure the lesson is communicated to the portfolio or programme level so it can be applied elsewhere. Options A and B misunderstand the purpose of lessons management, while D invents a status requirement that PRINCE2 does not mandate.
NEW QUESTION # 110
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 Marketing Director should be appointed as a Senior User for this project?
- A. A number of the products will be produced by the Sales department and the Marketing department.
- B. She can represent the Marketing department.
- C. She previously had a successful career in publicity.
- D. The Marketing department will help to deliver the benefits of this project.
- E. The project will be funded from the business marketing budget.
Answer: B,D
NEW QUESTION # 111
One of the senior managers of the company that is developing the 'e-learning course' has worked with ABC
Company before. The team manager for the delivery of the 'e-learning course' has looked on ABC Company's
intranet, but cannot find any reference to this work. The team manager has contacted the senior manager to
discuss this project.
Is this an appropriate application of the 'learn from experience' principle, and why?
- A. Yes, because the team manager should actively look for useful information.
- B. No, because every project is unique and should deliver specific business objectives
- C. No, because the senior manager should advise the team manager of any lessons.
- D. Yes, because the project involves more than one organization.
Answer: A
Explanation:
Explanation/Reference:
Business Case Theme
Testlet 1
Scenario
Additional Information
During the initiation stage the Project Manager met with the Marketing Director to find out more about the
requirements of the promotional calendar and recorded the following notes:
There has been a reduction in the order numbers at the MNO Manufacturing due in part to the increased
marketing activities of its competitors. 10% of customers have not re-ordered in this financial year and staff
morale is poor. A number of skilled staff have left as a result and replacement staff have not been recruited
due to the reduced operation. If the project is successful, a recruitment campaign will be required to fill the
existing staff vacancies and there may be a requirement for additional staff. Operational costs are likely to
increase because skilled staff are expensive and difficult to find.
In financial terms, there were a total of 1,500 orders in the last financial year, each with an average profit of
E2k. The Marketing department believes that sending a promotional calendar to our current and prospective
customers would increase orders by at least 10% with a minimum of 10 further orders from the list of
prospective customers within 12 months from the date of distribution.
The Marketing Director will be funding the project from the business marketing budget. She believes that the
effect of a good company image portrayed by a successful calendar would last into a second year. She has
forecast the same increase in orders for a second year and predicts that the annual employee satisfaction
survey will show a measurable improvement in staff morale.
A number of alternatives were explored, including:
* 20% discount for all repeat customers - not cost-effective and very short term
* A promotional calendar as a free Christmas gift - would target current and prospective customers and the
benefits would last into a second year
* A series of television and press advertisements was too expensive
* A direct mail shot to all customers - benefit would be short term
* Creation of an internet website - would not suit all customers
The calendar is seen as the favored option, as long as the company's competitors do not increase their
marketing activity. Whilst the Marketing department wants a very high quality, glossy product, the project
management team must be aware of the cost this will incur.
Using the Project Scenario and the additional Information provided for this question In the Scenario
Booklet, answer the following question.
NEW QUESTION # 112
......
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