Free PRINCE2 PRACTITIONER Exam Braindumps (page: 38)

Page 37 of 71
View Related Case Study

HOTSPOT (Drag and Drop is not supported)
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.

Column 1 contains a number of risk responses identified by the Project Manager following an assessment of this risk. Column 2 contains a list of threat response types. For each risk response in Column 1, select from Column 2 the type of response it represents. Each option from Column 2 can be used once, more than once or not at all.
Drop down the right answer.
Hot Area:

  1. See Explanation section for answer.

Answer(s): A

Explanation:



View Related Case Study

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 management procedure heading?

  1. When a new problem arises, a full impact analysis will be undertaken to assess the impact on the project' objectives and Business Case.
  2. Probability will be assessed against the scales defined in this Risk Management Strategy.
  3. Any risk which has an expected value of more than £1 k will NOT be registered.
  4. Every threat and opportunity identified must be clearly defined in terms of cause, event and effect.
  5. 'Reduce' Response actions which result in a lower impact and/or probability rating.

Answer(s): B,D



View Related Case Study

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 either the Records or Reporting headings?

  1. Project Support will maintain the Risk Register.
  2. The evaluated net effect of all risks will be updated at the end of each stage and included in the End Stage Report.
  3. The Change Authority will report monthly to the Project Manager on the status of the change budget.
  4. Risks that are likely to occur within the next two weeks should be recorded as imminent.
  5. A summary of risks will be maintained and included with the monthly Highlight Reports to the Project Board.

Answer(s): B,C



View Related Case Study

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 Timing of risk management activities heading?

  1. During stage 4, the selected service provider will manage any risks to their Business Case and report these to the Project Manager on a weekly basis.
  2. The Project Board should hold monthly meetings to review project progress.
  3. When closing a project, the follow-on action recommendations should be updated with any risks relating to the realization of benefits after the outsourced services go live.
  4. Any new risks identified during product development should be reported to the Project Manager by the Team Manager when delivering the completed Work Package.
  5. When authorizing a stage, the Project Board will check that the exposure to risk is still acceptable.

Answer(s): B,E






Post your Comments and Discuss PRINCE2 PRINCE2 PRACTITIONER exam with other Community members:

PRINCE2 PRACTITIONER Discussions & Posts