Exin PRINCE2 Foundation Exam (PR2F) Set 5

Management stages require planning and technical stages do not ✘ Technical stages can overlap and management stages cannot ✘ Management stages deliver products and technical stages do not ✘ Technical stages require resources and management stages do not ✔

The uncertainty expressed as a negative or favourable occurrence ✘ The issue which is affecting the project and has resulted in a risk ✘ The impact(s) on the project objectives should the threat or opportunity occur ✘ The change in the status of a risk in response to actions taken to control it ✔

Capture risks that may occur during the project ✘ Record how risk management activities will be undertaken on the project ✘ Record the risk tolerance for the project ✘ Capture issues which are impacting on the delivery of the project objectives ✔

Identify individuals or groups that need to be told that the project is coming to an end ✘ Review how well the project performed against the Project Initiation Documentation used to authorize it ✘ Identify individuals or groups that are responsible for measuring the expected benefits after the project has closed ✘ Ensure that key project information is archived and made secure ✔

Project Manager ✘ Assurance ✘ Project Support ✘ Administrator ✔

Identify risks to the project that might occur in their department ✘ Own and authorize the use of the risk budget to fund risk responses ✘ Manage, monitor and control all aspects of an assigned risk ✘ Determine project risk appetite ✔

Corporate or programme management ✘ Project Board ✘ Project Manager ✘ Team Manager ✔

Produce Highlight Reports ✘ Take corrective action within the limits of a stage's tolerance ✘ Produce an Exception Plan ✘ Authorize a Stage Plan for the next stage ✔

Time-driven controls are used for monitoring the progress of Work Packages and management stages ✘ Time-driven controls take place when specific events happen ✘ Time-driven controls are produced at the end of a stage ✘ An Exception Report is a time-driven control ✔

Project mandate ✘ Project management team role descriptions ✘ Communication Management Strategy ✘ Quality Register ✔