PRINCE2 PRINCE2-Foundation Exam Questions
PRINCE2 Foundation (Page 24 )

Updated On: 10-Mar-2026
PRINCE2 FOUNDATION
B. Tolerance
C. Contingency
D. Al owance

Answer(s): B
QUESTION: 107

If any type of issue or risk (or aggregation of them) cannot be resolved within the tolerances set
by the Project Board, which of the following products would first be sent to the Project Board to
inform them of this deviation?

A. Exception Report
B. End Stage Report
C. Highlight Report
D. Updated Risk and Issue Registers

Answer(s): A
QUESTION: 108

Tolerance forms a key element of allowing the Project Board to manage by exception. Which of
the following statements are correct regarding tolerance?
1. The Project Board sets project tolerances
2. Tolerances can be applied for Time, Cost, Scope, Quality, Benefit and Risk
3. The Project Manager sets Work Package tolerance
4. Cost tolerance should not be used to pay for authorized requests for change

A. 1, 2, 3
B. 1, 2, 4
C. 1, 3, 4
D. 2, 3, 4

Answer(s): D
QUESTION: 109

When it is forecast that one or more tolerances are to be exceeded, what should happen first?

A. The next higher level of management wil begin to execute management by exception
B. The appropriate level of management must refer the matter to the next higher level
C. The Project Plan wil be replaced by a fallback plan
D. The appropriate level of management wil automatically produce and execute an Exception
Plan to recover from the deviation without referral

Answer(s): B
QUESTION: 110

Which product produced by the Project Manager would contain information on 'products
completed in the period'?

A. Product Status Account
B. Checkpoint Report
C. Highlight Report

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