Free Access EXIN.PR2F.v2026-08-31.q524 Practice Test (Page 101)

Question 496

Identify the missing words in the following sentence. A risk budget is a sum of money included in the [ ? ] and set aside to fund specific management responses to a project's threats and opportunities

A.project's cost tolerance

B.change budget

C.project budget

D.project's risk tolerance

Question 497

The project manager needs to monitor the progress of the stage.
Which combination of management products should the project manager review?

A.Checkpoint reports AND work package descriptions

B.Project plan AND project log

C.Project plan AND work package descriptions

D.Highlight report AND checkpoint report

Question 498

Which statement describes the 'Implement' step within the recommended risk management procedure?

A.Implement the responsibilities for risks defined in the Risk Management Strategy

B.Take planned action to respond to a risk

C.Identify the level of risks that can be tolerated by the project

D.Assess the proximity of a risk

Question 499

How many management stages should a PRINCE2 project consist of?

A.Start up stage, initiation stage and at least one other management stage to cover the remainder of the project

B.Start up stage, at least one other management stage to cover the remainder of the project and a closing stage

C.Initiation stage and at least one other management stage to cover the remainder of the project

D.Start up stage, initiation stage and a closing stage

Question 500

Which is NOT a purpose of the Organization theme?

A.Define the Project Board's responsibility for directing the project

B.Define a projectmanagement team structure

C.Define which role is accountable for the project's success

D.Define the level of tolerance for each level of the project management team

Other Version: 7108EXIN.PR2F.v2023-07-03.q294

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Question 496

Question 497

Question 498

Question 499

Question 500

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