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MSP Foundation, 5th editionExam

Last Update Feb 25, 2026
Total Questions : 117 With Methodical Explanation

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MSP Foundation, 5th editionExam Questions and Answers

Questions 1

What is the definition of a budget?

Options:

A.

A metric that enables an improvement to be evaluated

B.

The totality of an organization's investment in changes

C.

The tangible or intangible deliverable of an activity

D.

The sum of the estimates of income and expenditure

Questions 2

Identify the missing word in the following sentence:

“Assurance provides transparency and confidence to the sponsoring group that the programme will meet its objectives by focusing activities on the most [?] aspects of the programme.”

Options:

A.

Important

B.

Risky

C.

Beneficial

D.

Expensive

Questions 3

How does the ‘knowledge’ theme apply the ‘deal with ambiguity’ principle?

Options:

A.

By encouraging a culture of continual improvement to demonstrate the value added by programme management

B.

By ensuring stakeholders understand how benefits will be measured so they can focus on the programme's purpose

C.

By ensuring stakeholders have the knowledge they need to understand the programme's current priorities

D.

By making knowledge as accessible as possible so that teams can adapt to and learn from new knowledge