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Free PRINCE2 Foundation Exam Braindumps
PRINCE2 Foundation Questions 297–304 (page: 39)

Updated On: 10-Jul-2026
Page 39 of 92
PDF with 724 Questions

The Business Case describes the reasons for undertaking the project based on estimated costs, the major risks and what else?

  1. Approach to deliver the chosen business solution
  2. Measurable acceptance criteria
  3. Project's products to be produced
  4. Expected business benefits

Answer(s): D



What defines an outcome?

  1. A measurable improvement perceived as positive by one or more stakeholder
  2. Any one of the specialist products
  3. An actual negative consequence of doing the project
  4. The result of change, normally affecting real-world behaviour or circumstances

Answer(s): D



If, at the end of each stage, circumstances external to the project had changed which affect the project's costs, risks and benefits, which product should be updated to reflect this?

  1. Exception Plan
  2. Project Plan
  3. Project Brief
  4. Business Case

Answer(s): B



Which is a recommended response type to respond to an opportunity?

  1. Transfer
  2. Reject
  3. Accept
  4. Reduce

Answer(s): B



Which is NOT a recommended response to a threat?

  1. Avoid
  2. Exploit
  3. Share
  4. Transfer

Answer(s): B



Please refer to section 8.2.1 in the PRINCE2 Manual. (The answer describes a 'favourable' impact on objectives, i.e. an opportunity, the other options are 'negative' impacts, so would be threats)

  1. A competitor may launch a rival product first thus affecting the expected market share for the product
  2. It is possible that the product completes user acceptance testing in a single test cycle rather that the scheduled two
  3. A prototype may be damaged in transit
  4. A critical meeting could be affected by air travel disruption

Answer(s): B



In which product would an identified opportunity relating to the project be recorded?

  1. Issue Register
  2. Risk Register
  3. Issue Report
  4. Risk Management Strategy

Answer(s): B



What is a purpose of the Risk Management Strategy?

  1. Describes in detail each risk identified in the project and how each risk should be managed
  2. Describes how each risk owner and risk actionee will manage and fund the actions to mitigate each risk
  3. Describes the risk response actions taken to mitigate the project's risks
  4. Describes the techniques and standards to be applied and the responsibilities for achieving effective risk management procedures

Answer(s): D



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