APM 4 BoD

What is the project board responsible for according to the APM?

• Supporting the sponsor to provide overall direction, oversight, and management of the project

• Managing financial investments

• Overseeing marketing strategies

• Handling customer relations

Under whose chairmanship is the project board accountable for the success of the project?

• The sponsor

• The financial advisor

• The marketing manager

• The customer service representative

What does the APM suggest about the project board's accountability?

• It is accountable for the success of the project under the chairmanship of the sponsor

• It is accountable for managing financial investments

• It is accountable for overseeing marketing strategies

• It is accountable for handling customer relations

What is the APM's view on the project board's responsibility?

• It is responsible for supporting the sponsor to provide overall direction, oversight, and management of the project

• It is responsible for managing financial investments

• It is responsible for overseeing marketing strategies

• It is responsible for handling customer relations

According to the APM, what is the responsibility of the representatives on the project board?

• Managing the budget

• Overseeing deployment and making decisions throughout the life cycle

• Hiring project staff

• Marketing the project

What is the role of the senior supplier in PRINCE2?

• Managing the project budget

• Representing the team(s) or organisation(s) that will create the project's product(s)

• Overseeing the project board

• Marketing the project

Which of the following is NOT listed as a factor that can help a project board discharge its responsibilities successfully?

• Clear terms of reference

• A suitably qualified sponsor

• Sufficient stakeholder representation

• High project budget

What is the relationship between delivering large, strategic projects and effecting organizational change?

• They are unrelated

• They are inversely related

• They are integrally related

• They are occasionally related

How can boards of directors maximize the benefits of projects and programmes?

• By reducing the project scope

• By increasing the project timeline

• By focusing on sustainability

• By optimizing the portfolio

What should boards of directors learn from to minimize the chances of project failure?