Summer Sale Special 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ex2p65

Exact2Pass Menu

PRINCE2 Practitioner Exam

Last Update 19 hours ago Total Questions : 282

The PRINCE2 Practitioner Exam content is now fully updated, with all current exam questions added 19 hours ago. Deciding to include Prince2-Practitioner practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our Prince2-Practitioner exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these Prince2-Practitioner sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any PRINCE2 Practitioner Exam practice test comfortably within the allotted time.

Question # 4

What is the purpose of a Product Status Account?

A.

A set of records that describe information about the project

B.

A log used to record problems or concerns about products

C.

An audit or review to compare actual status of products

D.

A report covering the status about the state of the projects products within

Question # 5

Which of the following activities is the Executive responsible for?

A.

Ensure the desired outcome of the project is specified

B.

Responsible for the benefits review plan

C.

Assess and update the Business Case at the end of each stage

D.

Responsible for the Benefits Review Plan post project

Question # 6

Scenario

A central government department, the Ministry of Food Hygiene (MFH), faces increasing pressure to cut costs, better manage suppliers’ performance and reduce the confusion caused by inadequate internal controls, outdated standards and outdated technology. External consultants were employed to conduct a feasibility study to identify options to address the problems, and the likely costs and benefits. The following options were considered:

● Do nothing.

● Re-engineer selected business functions.

● Outsource selected business functions.

The feasibility study concluded that there was a case for outsourcing the MFH Information Technology

Division and the Facilities Division (maintenance of buildings and grounds). The recommendations were:

● One service provider should be contracted to provide the services currently provided by the Information Technology Division and the Facilities Division.

● A 10-year service contract should be agreed with the selected service provider.

The feasibility study developed high-level designs of the current organization, processes, systems and operating models, plus an outline Business Case for the required project. The external consultants also made the following recommendations for the management of the project:

● Use PRINCE2.

● Set up the project with 4 management stages:

Stage 1. Standard PRINCE2 initiation activities.

Stage 2. Create detailed designs (future organization, processes, systems and operating models) and the service level agreement between MFH and the future service provider.

Stage 3. Request and evaluate proposals, select service provider and agree contract.

Stage 4. Transfer equipment and staff, transfer responsibility for service provision and run

trial period.

Initial estimates indicated that the project would cost £2.5m and take two years to complete.

MFH senior management agreed that there was a case for outsourcing, and accepted the recommendations as a basis for the project. There is an expected saving of £20m over 10 years.

The Outsourcing project has completed the Starting up a Project process and is now in the initiation stage. Because of the strategic importance of the project, the MFH Chief Executive Officer has taken the role of Executive. A PRINCE2-experienced Project Manager has been appointed from within MFH. Staff within the business functions being outsourced will work with the external consultants who conducted the feasibility study to define the detailed designs.

Which 2 statements should be recorded under the Expected benefits heading?

A.

The 10-year outsourcing contract, at current prices, will be worth £80m.

B.

Outsourcing would allow MFH to take advantage of the best services the outsourcing industry has to offer.

C.

The total expected savings over 10 years, at current prices, is £20m.

D.

The 10-year outsourcing contract will enable MFH to stabilize costs at agreed levels.

E.

The confirmed cost of the Outsourcing project is £2.5m, but with considerable savings over 10 years.

Question # 7

During stage 1 the level of performance expected from the service provider was changed.

After this change was agreed which of these products will require updating?

A.

Project Brief because this is maintained throughout the project to reflect the customer's quality expectations.

B.

Project Product Description because this contains details of the expected performance of the project's products.

C.

Quality Management Strategy because this is where all of the customer's quality expectations of the project's products should be documented.

Question # 8

While planning the initiation stage, the Project Manager reviewed some threats that had been recorded in the Daily Log.

Which threat should have been assessed for possible risk responses to be included in the Initiation Stage Plan?

A.

MFH has no experience in outsourcing and this may affect understanding of what is required, resulting in inadequate plans and strategies.

B.

The Project Brief is a complex document and may not be approved by the Executive.

C.

There is a shortage of service providers so there is a possibility that no suitable service providers respond to the request for proposals. This would prevent the Outsourcing project from proceeding.

Question # 9

Which statement is an appropriate entry for the Initiation Stage Plan?

A.

The Daily Log has been updated with the new risks which were identified while preparing the Initiation Stage Plan.

B.

The plan is based on the external outsourcing consultants being available at the start of the initiation stage.

C.

The initial project cost estimate of £2.5m, will have a tolerance of +£125k J•£75k.

D.

The project management team will consist of representatives from the IT and Facilities Divisions.

Question # 10

Which statement is an appropriate entry for the outline Business Case heading within the Project Brief?

A.

10-year service contract should be agreed with the selected service provider.

B.

External consultants were employed to conduct a feasibility study to identify the options, their likely costs and benefits.

C.

The project will run for two years and the benefits will be realized over 1a years.

D.

The project should be split into four management stages.

Go to page: