Free Peoplecert MSP MSP-Foundation Ultimate Study Guide (Updated 119 Questions) [Q58-Q80]

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Free Peoplecert MSP MSP-Foundation Ultimate Study Guide (Updated 119 Questions)

Get to the Top with MSP-Foundation Practice Exam Questions

Q58. Which is a programme management principle?

Adding value

Vision

Identifying a programme

Corporate strategy

Q59. Which describes an impact of a risk?

Effect on the programme if something goes wrong

An event that might increase a programme’s outcome

The amount of risk that will be tolerated

Possibility that something will go wrong

Q60. Which is a transformational flow process?

Monitoring and Control Strategy

Issue Management Cycle

Planning and Control

Managing the Tranches

Q61. What is the definition of a budget?

A metric that enables an improvement to be evaluated

The totality of an organization’s investment in changes

The tangible or intangible deliverable of an activity

The sum of the estimates of income and expenditure

Comprehensive and Detailed Explanation From Exact Extract:
A budget is a financial estimate representing the expected income and expenditures over a defined period.
MSP Foundation, 5th Edition glossary defines:
“A budget is the sum of the estimates of income and expenditure for a set period.” Thus, D is the correct answer.
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Q62. Which action contributes MOST to achieving the ‘lead with purpose’ principle?

Maintaining a compelling vision and design of the target operating model

Providing everyone in the programme with access to knowledge and information

Working within clear delegated limits of authority and only escalating decisions when needed

Providing manageable tranches of delivery contributing to clear intermediate landing points

Q63. Which describes an external factor that influences a programme?

The lifecycle and delivery mode selected for each project

The defined strategy for capturing and sharing knowledge

Changes in the behaviours of an organization’s competitors

Existing ways of working embedded in business as usual activities

Q64. Why should the external environment of a programme be effectively monitored?

To check that a mechanism for accessing sensitive data is in place

To ensure the programme has a way of capturing knowledge

To enable timely decisions on issues and risks to be made

To provide clarity around responsibilities within the programme

Comprehensive and Detailed Explanation From Exact Extract:
Monitoring the external environment helps programmes adapt to changing circumstances, identify emerging risks, and make informed decisions promptly. This proactive approach supports the principle of “deal with ambiguity” and strategic alignment.
MSP Foundation, 5th Edition states:
“Monitoring external factors ensures that new risks, issues, and opportunities are identified early, supporting timely and informed decision-making.” Therefore, C is the correct answer.
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Q65. Which TWO are objectives of the ’embed the outcomes’ process?
To ensure that programme progress is monitored and reported.
To ensure that risks and issues are kept under control.
To ensure that benefits start to be realized and measured.
To ensure that controls are put in place to ensure benefit realization continues in BAU.

1 and 2

2 and 3

3 and 4

1 and 4

Q66. Which is a purpose of the ‘evaluate new information’ process?

To ensure the organization(s) involved understand the programme vision, benefits, risks, and the target operating model

To ensure that up-to-date information is considered as the programme progresses, taking into account each theme and principle

To analyse the drivers and initial justification to ensure they align to the organization’s strategy, and that the investment is likely to be worthwhile

To ensure that the investing organization(s) are ready to maximize the benefits to be realized

Q67. Which TWO are objectives of the ‘identify the programme’ process?
To ensure that key decision-making roles have been identified and appointed.
To ensure that the tranches of delivery and intermediate landing points are defined.
To ensure that the delivery approach and ways of working are defined.
To ensure that major risks to the high-level benefits have been identified.

1 and 2

2 and 3

3 and 4

1 and 4

Q68. Why does a programme require a continual process of realignment?

Programmes deal with outcomes whereas projects deal with outputs

The programme plan describes the activities required to implement its projects

An organization’s projects should belong to a single programme

Programmes need to be able to respond to changes in corporate strategy

Q69. Which would be the BEST way to pass on tacit knowledge?

Store the knowledge in a structured knowledge database

Capture and write down the knowledge so that people can read it

Ensure the knowledge database is accessible to stakeholders

Get the individual who needs the knowledge to talk to the person who has it

Comprehensive and Detailed Explanation From Exact Extract:
MSP recognises two types of knowledge: explicit (codified) and tacit (experiential, hard to articulate). To pass on tacit knowledge effectively, interpersonal interaction-such as one-on-one mentoring or shadowing-is essential. The Knowledge theme states:
“Tacit knowledge is best transferred through direct interaction-mentoring, coaching, informal conversations-rather than through written documentation.” Therefore, the correct approach isD, promoting direct communication for tacit knowledge transfer.

Q70. Which is NOT a governance theme?

Vision

Blueprint design and delivery

Benefit profile

The business case

Q71. Which is a key consideration when reviewing and validating a business case?

Whether the programme outcomes remain achievable and affordable

How the benefits for the programme will be agreed and approved

What delivery standards apply and how they are relevant to the programme

What infrastructure and technology is required for the programme

Comprehensive and Detailed Explanation From Exact Extract:
When validating a business case, a key focus is on whether the original assumptions still hold true, including the achievability of the outcomes and the financial viability (affordability) of the programme.
MSP Foundation, 5th Edition explains:
“The justification for the programme must be reviewed throughout to ensure it remains achievable, affordable, and aligned with organizational priorities.” Therefore, A is the correct answer.

Q72. Which is a trigger for a compliance programme?

The corporate board has created a vision for change

A number of stand-alone projects would benefit from better coordination

The organization has to change to meet requirements of new legislation

The organization chooses to take a new innovative approach to product development

Q73. Which is a reason to initiate the ‘close the programme’ process?

The transition plans are being implemented

Benefits are being realized and measured

Programme resources are deemed to be better used elsewhere

Stakeholders are adopting new ways of workings

Comprehensive and Detailed Explanation From Exact Extract:
Initiating the “Close the Programme” process happens when the programme objectives have been met and benefits are being successfully realized and measured. Per MSP summary:
“The purpose of the close the programme process is to end the programme in a controlled way, extracting as much value from the programme regardless of the reason for closing it. This includes ensuring that the investing organization(s) are ready to maximize the benefits to be realized from the programme work completed…” Therefore,Bis the best choice.

Q74. Which statement BEST describes the purpose of the stakeholder engagement and communications plan?

It defines the investors in the programme and how funds will be raised and made available to the programme

It describes the risk appetite for the programme and governance regime including terms of reference and delegated limits of authority

It defines the stakeholder context and the controls for ensuring stakeholders are engaged throughout the lifecycle

It describes how stakeholders are identified, prioritized and engaged over the life of the programme, including two-way communication

Q75. Which principle is the ‘decisions’ theme applying when both the best and worst outcome of a decision is analysed?

Bring pace and value

Deal with ambiguity

Realize measurable benefits

Align with priorities

Comprehensive and Detailed Explanation From Exact Extract:
The principle “Deal with ambiguity” is applied when decisions are made based on uncertain or incomplete information. Analyzing both best and worst-case scenarios helps manage risk and uncertainty.

Q76. Which is a purpose of the issue resolution approach?

To describe how stakeholder feedback will be collected

To describe unplanned events that have occurred

To describe threats and opportunities to the programme

To describe how change requests will be processed

Comprehensive and Detailed Explanation From Exact Extract:
The purpose of the issue resolution approach is to establish how issues, including change requests and unplanned events, will be assessed, escalated, and resolved.
MSP Foundation, 5th Edition states:
“The issue resolution approach defines how the programme will respond to issues, including changes in scope, constraints, or dependencies.” Option D specifically captures this intent, making it the correct answer.
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Q77. Which action MOST LIKELY implements the share risk response?

Producing a plan in case the situation changes

Changing the way future work is planned

Collaborating with suppliers on risk management activities

Mitigating the impact or likelihood of a threat

Comprehensive and Detailed Explanation From Exact Extract:
In MSP (aligned with standard risk management), the “share” response means passing risk ownership to a partner while retaining some involvement. This typically involvesworking collaboratively with suppliers or other partiesto manage risk. From supplier risk management best practices, shared risk response involves joint activities such as shared monitoring and planning with suppliers Thus,Cis correct.

Q78. Which is a purpose of the dependency network diagram?

To show how a programme depends on a specific risk impact occurring

To show how dependent the programme is on the support from a specific stakeholder

To show how the start of transition depends on the completion of several project outputs

To show what reports the programme will depend on to make key decisions

Comprehensive and Detailed Explanation From Exact Extract:
A dependency network diagram shows the sequence and interdependencies between outputs and transition events-highlighting how one activity’s timing or completion affects another.
As per MSP Foundation, 5th Edition:
“It visually represents how the successful start of transition activities depends on the delivery of specific project outputs and changes in capability.” Thus, option C is correct.
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Q79. Which document defines the organizations that are investing in the programme?

Business case

Financial plan

Funding approach

Programme mandate

Q80. Which is a financial measure that can be used when calculating internal rate of return?

Staff satisfaction

Asset utilization

Safety performance

Sales growth

Comprehensive and Detailed Explanation From Exact Extract:
The Internal Rate of Return (IRR) calculation relies on cash flow, which is influenced by revenues such as sales. Among the options,sales growthdirectly affects future cash inflows, which are core to the IRR metric.
Other options-staff satisfaction, asset utilization, safety performance-don’t directly contribute to cash flow typically used in IRR calculations. Therefore,Dis correct.
Reference:Basic definition of IRR involves forecasting cash inflows-commonly through metrics like sales growthen.wikipedia.org+12tipalti.com+12feldmanequities.com+12quizlet.com+4capitol.tn.gov+4mspb.
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