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QUESTION NO: 1
Which PRINCE2 principle is being applied when tolerances are set for the three levels of plan?
A. Manage by exception
B. Continued business justification
C. Learn from experience
D. Manage by stages
Answer: D
Explanation
Reference https://www.whatisprince2.net/prince2-theme-plans.php

QUESTION NO: 2
What is the project manager role responsible for?
A. Ensuring that the project produces the required products
B. Defining the project-level tolerances
C. Approving the completion of each management stage
D. Verifying that the project gives value for money
Answer: A
Explanation
Reference http://prince2.wiki/Project_Manager

QUESTION NO: 3
What product would enable the Project Manager to review how a Work Package is performing against its cost tolerance?
A. Checkpoint Report
B. Quality Register
C. Highlight Report
D. Configuration Item Record
Answer: A

QUESTION NO: 4
What is the result of the change derived from using the project's product?
A. Output
B. Dis-benefit
C. Benefit
D. Outcome
Answer: D

QUESTION NO: 5
How is the tailoring approach defined for a project?
A. Project assurance documents the approach
B. Project assurance approves the approach
C. The project board documents the approach
D. The project board approves the approach
Answer: D

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Updated: May 26, 2022