Pass the PeopleCert MSP Programme Management Certifications MSP-Foundation Questions and answers with CertsForce

Comprehensive and Detailed Explanation From Exact Extract:

The programme strategy defines the guiding framework for how the programme will be managed, including how risks, resources, finance, and benefits are handled.

MSP Foundation, 5th Edition describes:

“The programme strategy defines the high-level approach and controls for how the programme will be managed across all governance themes.”

Thus, option A is correct.

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Comprehensive and Detailed Explanation From Exact Extract:

The “Plan” phase of the PDCA cycle is about identifying, assessing, and prioritizing risks or issues. It sets the foundation for which actions will be taken.

MSP Foundation, 5th Edition describes this as:

“The plan step involves identifying the risk, assessing its likelihood and impact, and determining which risks should be prioritized for action.”

Thus, option A is correct.

Comprehensive and Detailed Explanation From Exact Extract:

The “Design” theme focuses on developing a coherent model for how change will be achieved. Applying “Lead with purpose” means articulating a compelling vision and future state (target operating model) to guide and motivate stakeholders.

MSP Foundation, 5th Edition states:

“This theme maintains a compelling vision of the future and ensures the design supports purposeful decision-making.”

Therefore, the correct answer is B.

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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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Comprehensive and Detailed Explanation From Exact Extract:

The Programme Manager is accountable for implementing the programme strategy, overseeing planning, delivery, monitoring, and reporting.

As per MSP Foundation, 5th Edition:

“The programme manager is responsible for implementing the strategy as defined by the programme board and ensuring that the programme is delivered to schedule, scope, and quality.”

Hence, C is correct.

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Comprehensive and Detailed Explanation From Exact Extract:

The vision statement is a concise, inspiring description of the future state the programme aims to achieve. Its purpose is to engage stakeholders and provide direction throughout the programme.

MSP Foundation, 5th Edition states:

“The vision statement is a clear and compelling description of the future state that engages and motivates stakeholders.”

Therefore, D is the correct answer.

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Comprehensive and Detailed Explanation From Exact Extract:

The justification theme ensures investment is viable, while “collaborate across boundaries” emphasizes shared governance in multi-organization programmes. Financial decision-making across such boundaries supports that principle.

MSP Foundation, 5th Edition explains:

“Collaborative governance arrangements should be in place for financial approval and investment justification across organizational boundaries.”

Thus, C is correct.

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Comprehensive and Detailed Explanation From Exact Extract:

Risk prioritization involves assessing individual risks to determine their relative significance. The most basic criteria used for this purpose are the likelihood of the risk occurring and the potential impact if it does.

MSP Foundation, 5th Edition states:

“Prioritization is based, at a minimum, on an assessment of the likelihood of the risk occurring and the impact it would have.”

Hence, D is the correct answer.

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Comprehensive and Detailed Explanation From Exact Extract:

A dis-benefit is a measurable adverse effect, often unintended, that negatively affects the organization’s ability to meet its objectives.

MSP Foundation, 5th Edition defines:

“A dis-benefit is a measurable decline resulting from an outcome perceived as negative by the investing organization(s) and which detracts from one or more organizational objectives.”

Thus, the correct answer is C.

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Comprehensive and Detailed Explanation From Exact Extract:

The “risk response approach” is part of the risk management documentation and defines how decisions will be made regarding whether to act on risks or opportunities.

MSP Foundation, 5th Edition describes:

“The risk response approach defines how decisions will be made on whether to invest resources to mitigate threats or exploit opportunities.”

Hence, the correct answer is B.