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Question 1 10 Points Global Construction (a construction company) employs 100 full-time employees in ten different countries. They spend an average of $1,000 per employee for training, which is higher than the industry average. However, the productivity of workers, especially in the sales, purchasing and information technology departments has not improved much in recent years. In the fast-paced, ever-changing construction market, training employees about new products, new technologies, and soft skills across globally dispersed company with different population is a challenge. Global Construction asks you to develop a new training program that provides training to employees on key topics, including supplier management, negotiating skills and project management. Answer the following questions (you can make assumptions in answering the questions). a) Provide a Risk Management Procedure for this project according PRINCE2. I b) Define 2 quality criteria for the main output of this project. Use the editor to format your answer Question 2 5 Points Explain what planning horizon problem is and how PRINCE2 overcomes that? Use the editor to format your answer 1 Point Question 3 What is a risk cause? A negative consequence of a threat occurring B An area of uncertainty that could create a problem A positive consequence of an exploited opportunity A known situation which creates uncertainty 1 Point Question 4 Which is one of the four integrated elements within PRINCE2? A Quality B. Role descriptions Processes Product descriptions Question 5 1 Point Which of the following statements describes a risk actionee? A An individual assigned to carry out a risk response action B An individual responsible for managing and monitoring a particular risk An individual responsible for the project's risk management approach An individual responsible for regularly identifying, assessing, and controlling project risks Question 6 1 Point Identify the missing words in the following sentence. PRINCE2 requires that the business justification is formally verified by [?] at stage boundaries. A corporate, programme management or customer the project board project support the change authority Question 7 1 Point Which is an objective of the 'managing product delivery' process? To sign off completed work packages B To ensure that the business case is kept under review To report progress to the project board To ensure that work on products is authorized Question 8 1 Point Which is an objective of the managing a stage boundary process? A To record experience learned in the current stage that might help manage later stages or projects B) To evaluate the various ways the project can be delivered To delegate work packages to the teams for the next stage To deliver the next stage's products to expectations and within tolerances Question 9 1 Point Which of the following is NOT an example of a follow-on action recommendation that might be made during the closing a project process? A recommendation related to unfinished work B A recommendation related to known risks associated with the project's products A recommendation to close the project D A recommendation related to activities to take the products to the next phase of their operational lives Question 10 1 Point Which is a purpose of the 'closing a project' process? To inform the project board that the final stage is about to start B To provide a fixed point at which acceptance of the project product is confirmed To provide the project board with sufficient information to confirm continued business justification D To define the handover procedures for the project's products Question 11 1 Poin Which of the following is NOT a purpose of the organization theme? To define the responsibilities for directing the project B To ensure that there is business, user, and supplier stakeholder representation on the project management team To facilitate communication by defining the means of delivering the products D To ensure that clearly defined accountability exists at each level of management Question 12 1 P Which of the following statements represents a time in the project when the business case would be reviewed? 1. During an impact assessment of a risk 2. During the appointment of the executive 3. During the creation of the project mandate 4. During an end stage assessment 1 and 2 B 2 and 3 3 and 4 and 4 Question 13 1 Which is an objective of the managing product delivery process? To ensure that the business case for the project is kept under review B To assure the project board that all products in the current stage have been approved To provide accurate information regarding the project to corporate or programme management To provide accurate progress information to the project manager at an agreed frequency Question 14 Which of the following is a purpose of the managing product delivery process? To coordinate an area of work that will deliver one or more of the project's products B To report to the project board on the progress of the stage To prepare sufficient information to allow the project board to authorize the next stage D To provide a point in time when the acceptance of the project's products is confirmed Question 15 1 Which is a purpose of the directing a project process? To provide the information required to initiate a project To enable overall control of a project by the project board To establish the level of control required after initiation To provide sufficient information to approve the next stage plan Question 16 Which is a purpose of the change theme? A To prevent changes to what was agreed in the project initiation documentation B To ensure any potential changes to baselined products are controlled To assess and control a project's threats and opportunities D To identify changes needed to the project as a result of acting on lessons Question 17 Which is a minimum requirement for applying the risk theme? A risk breakdown structure must be created B A risk budget must be established for managing risks Identified threats and opportunities must be documented D Risk checklists must be used to ensure risks are identified Question 18 Which is a responsibility of the managing level within the project management team? A To set project-level tolerances B To approve the stage completion of each stage To ensure that the products are produced within the constraints agreed with the project board Do appoint the roles in project management team Question 19 Which product is a time-driven control? A End stage report B Exception report Checkpoint report Lessons report Question 20 Which two statements are CORRECT about the minimum requirements for applying the change theme? 1. Identified issues must be assessed for their impact on the business justification for the project. 2. Project issues must be captured, examined and managed throughout the project lifecycle., 3. The actual status of products must be verified to ensure that this matches the authorized state. 4. A budget must be established to pay for requests for change and their analysis. A 1 and 2 2 and 3 Wand 4 D 1 and 4 Question 21 Which is a purpose of the 'starting up a project process? To ensure that the prerequisites for initiating the project are in place B To establish whether the project plan can meet the required target dates To assemble the project initiation documentation so the project can be initiated To confirm to corporate, programme management or customer that quality expectations will be met Question 22 What is an output? A) Any of the project's specialist products The result of the change derived from using the project's products The measurable improvement resulting from an outcome A negative outcome Question 23 Which statement describes a threat to a project? A An uncertain event that could have a negative impact on objectives An uncertain event that could have a favourable impact on objectives An event that has occurred resulting in a negative impact on objectives An event that has occurred resulting in a favourable impact on objectives Question 24 Which is an objective of the 'closing a project' process? A To check that all the project's products have been accepted by the users B) To prepare for the final stage of the project To capture the customer's quality expectations D To ensure that all benefits have been achieved VIRU Question 25 1 Which product is sometimes known as the project manager's diary? Project initiation documentation B Daily log Issue register D Risk register Question 26 Which of the following are purposes of the risk theme? 1. To define the project's structure of accountability 2. To identify, assess, and control uncertainty To provide a systematic approach to managing opportunities 4. To identify, assess, and control potential changes (A) 1 and 2 B 2 and 3 3 and 4 1 and 4 Question 27 1 Point What must be recorded in the quality management approach, as a minimum requirement for applying the quality there? The quality tools and techniques to be used B The project's approach to quality planning The approach to managing project assurance D The definition of the quality records required Question 28 1 Poil Which aspect of project performance must be managed in order to have a clear understanding of what the project is to deliver? Timescale B Scope Risk Costs Question 29 Which is a task of 'defining and analyzing products'? a Design the plan B Create the product flow diagram Analyze the risks D Prepare the schedule Question 30 When is it confirmed whether a project's objectives have been achieved? During the 'closing a project' process B During the final end stage assessment During the 'controlling a stage' process During the 'managing product delivery' process Question 31 If the project or stage requires re-planning due to an exception situation, which process may be invoked? A Initiating a project B) Controlling a stage Managing a stage boundary D Closing a project Question 32 Which process is used by a team manager to coordinate work on one or more of the project's products? Initiating a project B) Controlling a stage Managing a stage boundary Managing product delivery Question 33 1 Point Which of the following are purposes of the quality theme? 1. To ensure that the project's products meet business expectations 2. To define the means of delivering the project's products 3. To define how to assess changes to the project baselines 4. To enable the desired benefits to be realized 1 and 2 B. 2 and 3 3 and 4 1 and 4 Question 34 1 Point Identify the missing words in the following sentence. If a baselined product requires modification, the recommended [?] procedure, or equivalent procedure should be used. risk management B exception management issue and change control D quality control Question 35 1 F Which of the following is a purpose of the closing a project process? 1. To provide a fixed point in time to hand over responsibility for the project's products to the operational team 2. To enable the project manager to prepare for a premature close 3. To manage the products in the early phases of their operational life 4. To realize all the post-project benefits from the project A 1 and 2 B 2 and 3 3 and 4 1 and 4 Question 36 What must the project board do, as a minimum requirement for applying the change theme? Establish a change budget B Request a product status account Define a change authority Agree acceptable corrective actions Question 37 When conducting an impact analysis on an issue, which of the following factors should the project manager consider? 1. The impact of the issue on the wider programme or corporate environment 2. The supplier's perspective on the issue 3. The probability that the issue will occur 4. The position of the person who raised the issue (A) 1 and 2 B 2 and 3 3 and 4 1 and 4 Additional content