ITIL PR2F - PRINCE2 Foundation Exam Exam

Question #1 (Topic: Topic 1)
Which describes the 'Implement' step within the recommended risk management
procedure?
A. Project Support will allocate the risk budget to fund the selected risk responses B. The risk owner will decide the best response to control the risk C. The risk owner and the risk actionee will carry out activities to control and deal with the risk D. The Project Manager will formulate the RiskManagement Strategy
Answer: C
Question #2 (Topic: Topic 1)
Which is a purpose of the Risk theme?
A. Establish a procedure to ensure every change is agreed by the relevant authority before it takes place B. Establish a cost-effective procedure to identify, assess and control uncertainty C. Establish mechanisms to control any unacceptable deviations from plan D. Establish mechanisms to manage risks at the corporate or programme level of an organization
Answer: B
Question #3 (Topic: Topic 1)
Why is a Project Brief produced?
A. To act as a trigger for the Starting up a Project process B. To record the strategies andmanagement controls to be used by a project C. To provide a full and firm foundation for the initiation of a project D. To be used by the Project Board as a basis for reviewing the progress of a project
Answer: C
Question #4 (Topic: Topic 1)
Which risk response type is appropriate to respond to an opportunity?
A. Accept B. Fallback C. Exploit D. Transfer
Answer: C
Question #5 (Topic: Topic 1)
Which is a purpose of a Product Description?
A. Provide the cost tolerance available for individual products B. Define reporting frequency C. Record the quality checks completed for the End Stage Report D. Document the level of quality required of a product
Answer: D
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