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Free PRINCE2 Foundation Exam Braindumps (page: 49)

Page 48 of 117
PDF with 463 Questions

What information about benefits management must be documented to meet the minimum requirements for applying the business case theme?

  1. The senior user's responsibilities for realizing benefits
  2. Statements of actual versus forecast benefits at reviews
  3. The management actions needed to ensure benefits are realized
  4. No specific documents related to benefits are necessary

Answer(s): C

Explanation:

According to PRINCE2® principles, the business case theme requires documenting the management actions necessary to ensure benefits are realized. This involves planning, measuring, and managing the realization of benefits, and it's critical for maintaining the relevance and justification of the project.


Reference:

PRINCE2® Foundation Handbook, Business Case Theme section.



According to PRINCE2, why might there be more than one business case for a project?

  1. There may be more than one management stage in the project
  2. The project may be in a commercial environment with a number of suppliers
  3. There may be more than one work package being delivered in the project
  4. The project may be in a programme environment

Answer(s): D

Explanation:

In a programme environment, there might be multiple business cases within a single project, each supporting different parts of the programme's overall goals. This scenario is common when a project is designed to deliver outputs that contribute to several overlapping strategies or objectives within the programme.


Reference:

PRINCE2® Foundation Handbook, Business Case Theme section.



What is a benefits management approach used to assess?

  1. How the project's products have performed when in operational use
  2. The effectiveness of the project strategies
  3. How the project has progressed against its plans
  4. The suitability of the project management team structure

Answer(s): A

Explanation:

The Benefits Management Approach in PRINCE2 is a document that describes how and when a measurement of the achievement of the project's benefits, both during and after the project, can be made. It is used to assess the performance of the project's products once they are in operational use, ensuring that the project delivers the intended benefits as outlined in the Business Case.


Reference:

PRINCE2® 7 Foundation Handbook and official training materials.



Why is the 'initiating a project' process used?

  1. To decide which project approach is suitable for the project
  2. To fully understand how the project objectives will be achieved before committing significant resources
  3. To produce the required work packages
  4. To enable corporate or programme management to give authorization to deliver a project

Answer(s): B

Explanation:

The 'Initiating a Project' process in PRINCE2 is crucial for establishing a solid foundation for the project. This process is used to ensure that there is a shared understanding of the reasons for undertaking the project, the way its objectives will be achieved, and the related commitments of time and resources before substantial resources are committed.


Reference:

PRINCE2® 7 Foundation Handbook and official training materials.






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