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Exam Code: PRINCE2
Exam Name: PRINCE2 Foundation
Updated: May 26, 2026
Q & A: 486 Questions and Answers
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1. Tolerance forms a key element of allowing the Project Board to manage by exception. Which of the following statements are correct regarding tolerance?
1.The Project Board sets project tolerances
2.Tolerances can be applied for Time, Cost, Scope, Quality, Benefit and Risk
3.The Project Manager sets Work Package tolerance
4.Cost tolerance should not be used to pay for authorized requests for change
A) 2,3,4
B) 1,3,4
C) 1,2,3
D) 1,2,4
2. Which product would be updated to show that a decision has been made to accept an off-specification?
A) Risk Register
B) Quality Register
C) Issue Report
D) Daily Log
3. Which PRINCE2 role has a specific responsibility for briefing non-technical management on supplier aspects of the project?
A) Senior Supplier
B) Team member
C) Project Manager
D) Team Manager
4. Which of the following are tasks carried out as part of product-based planning?
1.Write a Project Product Description.
2.Identify activities and dependencies
3.Create a product breakdown structure.
4.Create a product flow diagram
A) 2,3,4
B) 1,3,4
C) 1,2,3
D) 1,2,4
5. Which role is responsible for briefing corporate or programme management about project progress?
A) Project Support
B) Project Board
C) Project Manager
D) Team Manager
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
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