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| Vendor: | PRINCE2 |
|---|---|
| Exam Code: | PRINCE2-Foundation |
| Exam Name: | PRINCE 2 Foundation (7th Edition) |
| Exam Questions: | 478 |
| Last Updated: | November 20, 2025 |
| Related Certifications: | |
| Exam Tags: |
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Which of the following refers to the actions identified to bring a situation to a level where exposure to a risk is acceptable?
Risk response refers to the actions identified and implemented to bring the risk exposure to an acceptable level. These actions are part of the risk management process and aim to reduce, avoid, transfer, or accept risks depending on their potential impact on the project. Reference: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.
What is described as an organization's unique attitude towards risk taking
An organization's unique attitude towards risk-taking is described as its 'Risk appetite'. Risk appetite defines the level and type of risk that an organization is willing to pursue or retain. This concept is critical in guiding how risks are managed across projects, as it influences decision-making and strategy regarding risk exposure. Reference: PRINCE2 7 Foundation study guide and official documents.
What is an advantage of dividing the project into stages?
One of the advantages of dividing the project into stages, as advocated by PRINCE2, is that detailed plans can be prepared closer to the time events will take place. This allows planning to be based on more accurate, up-to-date information, improving the relevance and accuracy of the plans. This approach also allows for better response to changes and risks, as planning for later stages can adjust based on the outcomes and learnings from earlier stages. Reference: PRINCE2 Foundation Manual
In a commercial environment, which process links the team manager and the PRINCE2 method used in a project?
The process that links the Team Manager role with the PRINCE2 method in a commercial environment is 'Managing Product Delivery'. This process ensures that the project's products are created and delivered efficiently and effectively, aligning the work of the team with the overall project management approach. Reference: PRINCE2 7 Foundation Handbook and official training materials.
Which is a minimum requirement for applying the quality theme?
A minimum requirement for applying the quality theme in PRINCE2 is to define quality criteria within product descriptions. This includes specifying what the product must do, the standards it must meet, and how quality will be evaluated, ensuring that all project products deliver against the agreed-upon requirements and standards. Reference: = PRINCE2 7 Foundation handbook and online resources
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