Scenario
A photographer from Portraits Ltd, a professional photographic company, has taken on the
role of Team Manager after taking some time to understand the requirements of the
project. A contract for their services has been set up and is being monitored by the
Purchasing Manager and a Work Package has been agreed. This contract specifies that
the photographer must arrange a meeting with the Engineering Manager to establish a
schedule for the photo sessions to minimize the impact on the Engineering staff. This
meeting should have occurred by now.
The Engineering Manager was made aware of this requirement but when asked he
reported that he has received no communication from the photographer. The Project
Manager has tried to call the photographer and has had no response. The Project Manager
believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients'
work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected
benefits will be reduced.
The contract is to be reviewed and Portraits Ltd reminded of their agreement.
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 tolerance heading?

A.

Corporate management's threshold level of risk exposure is any combination of high and
very high impact and probability.

B.

The Project Board's threshold level of risk exposure is any combination of medium, high
and very high impact, with high and very high probability.

C.

The Project Manager's threshold level of risk exposure is low impact and probability.

D.

The cost of all fallback plans must be contained within the project's tolerance.

E.

The risk budget will have a tolerance of +/~ 10%.

Scenario
A photographer from Portraits Ltd, a professional photographic company, has taken on the
role of Team Manager after taking some time to understand the requirements of the
project. A contract for their services has been set up and is being monitored by the
Purchasing Manager and a Work Package has been agreed. This contract specifies that
the photographer must arrange a meeting with the Engineering Manager to establish a
schedule for the photo sessions to minimize the impact on the Engineering staff. This
meeting should have occurred by now.
The Engineering Manager was made aware of this requirement but when asked he
reported that he has received no communication from the photographer. The Project
Manager has tried to call the photographer and has had no response. The Project Manager
believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients'
work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected
benefits will be reduced.
The contract is to be reviewed and Portraits Ltd reminded of their agreement.
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?

A.

Project Support will maintain the Risk Register.

B.

The evaluated net effect of all risks will be updated at the end of each stage and
included in the End Stage Report.

C.

The Change Authority will report monthly to the Project Manager on the status of the
change budget.

D.

Risks that are likely to occur within the next two weeks should be recorded as imminent.

E.

A summary of risks will be maintained and included with the monthly Highlight Reports
to the Project Board.

Which of the following risk responses can be used for either an opportunity or a threat? 

A.

Reduce

B.

Share

C.

Reject

D.

Enhance

There are four steps in the Risk Management procedure, what are they?

A.

Identify, Assess, Resource, Implement

B.

Identify, Evaluate, Resource, Implement

C.

Identify, Assess, Plan, Implement

D.

Identify, Evaluate, Plan, Implement

Scenario
A photographer from Portraits Ltd, a professional photographic company, has taken on the
role of Team Manager after taking some time to understand the requirements of the
project. A contract for their services has been set up and is being monitored by the
Purchasing Manager and a Work Package has been agreed. This contract specifies that
the photographer must arrange a meeting with the Engineering Manager to establish a
schedule for the photo sessions to minimize the impact on the Engineering staff. This
meeting should have occurred by now.
The Engineering Manager was made aware of this requirement but when asked he
reported that he has received no communication from the photographer. The Project
Manager has tried to call the photographer and has had no response. The Project Manager
believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients'
work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected
benefits will be reduced.
The contract is to be reviewed and Portraits Ltd reminded of their agreement.
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.
Column 1 contains a number of possible risk responses to the above risk. For each risk
response, select from Column 2 the appropriate risk threat response type that it represents.
Each selection from Column 2 can be used once, more than once or not at all.

Which of the following reports does not contain any information on risk?

A.

Issue Report

B.

Highlight report

C.

Lessons Report

D.

End Stage Report

If the Project Board are too busy to authorize all change requests themselves they can
appoint?

A.

A Change Authority

B.

A Change Board

C.

A Change Committee

D.

A Change Budget

In which strategy would the change control process be recorded?

A.

Quality Management Strategy

B.

Configuration Management Strategy

C.

Risk Management Strategy

D.

Communication Management Strategy

Scenario:
The Ministry of Food Hygiene (MFH) has a quality management system which
contains a document control process to manage all documentation requirements.
The document control process was created by the MFH Quality Manager, who now
maintains all of MFH's documents and performs an organization-wide configuration
management role. The MFH Quality Manager will administer the configuration

A.

Reduced savings, now £10m over 10 years.

B.

Increased savings of £5m over 10 years from the new initiative to centralize the services
provided by the Facilities Division.

C.

An additional cost of £1.5m to deliver the services provided by the Facilities Division.

D.

Outsourcing project cost reduced by 50%.

Scenario:
The Ministry of Food Hygiene (MFH) has a quality management system which
contains a document control process to manage all documentation requirements.
The document control process was created by the MFH Quality Manager, who now
maintains all of MFH's documents and performs an organization-wide configuration
management role. The MFH Quality Manager will administer the configuration
management procedure for the Restructuring project since this must comply with
the MFH document control process.
What additional risk will this place on the project?

A.

None because risks associated with the centralization and rationalization of the Facilities
Division will be managed by another project.

B.

These changes will delay stage 3 by three weeks.

C.

There is only £70k left in the project change budget.

D.

The reduced value of the contracted services required by the Outsourcing project may
result in an insufficient number of proposals being received.

Scenario
A photographer from Portraits Ltd, a professional photographic company, has taken on the
role of Team Manager after taking some time to understand the requirements of the
project. A contract for their services has been set up and is being monitored by the
Purchasing Manager and a Work Package has been agreed. This contract specifies that
the photographer must arrange a meeting with the Engineering Manager to establish a
schedule for the photo sessions to minimize the impact on the Engineering staff. This
meeting should have occurred by now.
The Engineering Manager was made aware of this requirement but when asked he
reported that he has received no communication from the photographer. The Project
Manager has tried to call the photographer and has had no response. The Project Manager
believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients'
work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected
benefits will be reduced The contract is to be reviewed and Portraits Ltd reminded of their agreement.
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.
There is a major concern over an apparent lack of control of project documentation.
For each concern listed in Column 1, select from Column 2 the configuration management
task that could help address the problem. Each selection from Column 2 can be used once,
more than once or not at all.

Scenario:
The Ministry of Food Hygiene (MFH) has a quality management system which
contains a document control process to manage all documentation requirements.
The document control process was created by the MFH Quality Manager, who now
maintains all of MFH's documents and performs an organization-wide configuration
management role. The MFH Quality Manager will administer the configuration
management procedure for the Restructuring project since this must comply with
the MFH document control process.
According to PRINCE2, which statement about appointing the MFH Quality Manager to
administer the configuration management procedure is correct?

A.

The MFH Quality Manager should administer the configuration management procedure
on this project because this task should always be assigned to corporate or programme
management.

B.

The MFH Quality Manager should only administer the configuration management
procedure on one project at a time. If the MFH Quality Manager already performs this task
on another project, another individual should be appointed.

C.

The MFH Quality Manager would be suitable to perform this task because he is the
author of the document control process and is likely to have the knowledge required for this
role.