Free Access PRINCE2.PRINCE2-Foundation.v2026-08-04.q503 Practice Test (Page 99)

Question 486

Which describes risk probability?

A.Level of risks which the project can tolerate before escalating to the Project Board

B.Probable effect on the project delivering its objectives

C.Timeframe within which the risk may occur

D.A measure of the likelihood of the risk occurring

Question 487

Which is a purpose of a Risk Register?

A.Capture risks that may occur during the project

B.Record how risk management activities will be undertaken on the project

C.Record the risk tolerance for the project

D.Capture issues which are impacting on the delivery of the project objectives

Question 488

Identify the missing words in the following sentence.
The 'directing a project' process starts when [ ? ] and is triggered by the request to initiate a project.

A.the 'starting up a project' process is completed

B.the project mandate has been approved by the project board

C.the project board has agreed the project strategies

D.corporate, programme management or the customer have authorized a project

Question 489

Which should be provided by a project mandate?

A.Stage tolerances

B.Detailed Business Case

C.Terms of reference

D.Initiation Stage Plan

Question 490

How does the project plan help to support the 'manage by stages' principle?

A.By identifying the customer's quality expectations

B.By defining products to ensure they are fit for purpose

C.By identifying the major control points and milestones

D.By estimating the timescales and costs of the project

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Question 486

Question 487

Question 488

Question 489

Question 490

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