Prince2-Foundation PRINCE2 7 Foundation written Exam Questions and Answers

An off-specification in PRINCE2® is a situation where a planned product does not meet its quality criteria or other requirements specified in the product description. This could include producing more or less than the defined quantity, implying deviation from the agreed specifications. References: PRINCE2® Foundation Handbook, Off-Specifications section.

The purpose of the Risk theme in PRINCE2 is to establish a cost-effective procedure to identify, assess, and control the uncertainties or risks that can affect the achievement of project objectives. This involves understanding how risks can impact the project and managing them proactively to ensure project success. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

If a project is part of a programme, the activities related to verifying the project approach and capturing previous lessons in the 'Starting up a Project' process are most likely to be reduced or eliminated. This reduction occurs because the programme likely provides a strategic framework and lessons learned that the project can adopt directly. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

The Progress theme provides all management levels within the project management team with mechanisms for monitoring and control. This theme ensures that there are clear benchmarks for performance and mechanisms in place to assess progress throughout the project’s life cycle. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

The purposes of the quality theme in PRINCE2® are to establish how the project will ensure that products are fit for purpose and meet stakeholder expectations (purpose 2) and to ensure that the project's objectives are desirable and achievable, which pertains to ensuring that the project has a solid business justification (purpose 3). References: PRINCE2® Foundation Handbook, Quality Theme section.

The "Managing Product Delivery" process in PRINCE2® is designed to monitor the work assigned to a team manager. This process ensures that the work is completed according to the specifications agreed upon in the Work Package and provides a mechanism for the team manager to report progress back to the project manager. References: PRINCE2® Foundation Handbook, Managing Product Delivery section.

Setting tolerances for the three levels of plan (project, stage, and team) in PRINCE2® applies the principle of 'manage by exception'. This principle enables efficient use of management time by focusing on deviations from the plan only if they exceed predefined tolerances, rather than managing every small detail. References: PRINCE2® Foundation Handbook, Manage by Exception section.

An objective of the 'initiating a project' process in PRINCE2® is to ensure that the business case is kept under review. This involves establishing mechanisms to assess the ongoing viability of the project against its objectives and expected benefits. References: PRINCE2® Foundation Handbook, Initiating a Project section.

The objectives of the 'Managing a Stage Boundary' process include providing the project board with information about the performance of the current stage and reviewing and updating the project management team structure and role descriptions if necessary. These objectives are critical to ensuring that the project adapts to any changes and continues to align with its objectives efficiently. References: PRINCE2® 7 Foundation Handbook and official training materials.

A minimum requirement for applying the Business Case theme in PRINCE2 is to define the actions necessary to confirm that the project’s benefits are realized. This involves planning how benefits will be measured and managed both during and after the project to ensure they deliver the intended value and outcomes. References: PRINCE2® 7 Foundation Handbook and official training materials.

The PRINCE2 principle of 'Learn from experience' addresses concerns about the project team's familiarity with similar projects. It mandates that project teams seek out and learn from previous relevant experiences and lessons logged in prior projects to enhance their effectiveness and efficiency, even when facing unfamiliar project scenarios. References: PRINCE2® Foundation Handbook, Learn from Experience principle section.

Risk response refers to the actions identified and implemented to bring the risk exposure to an acceptable level. These actions are part of the risk management process and aim to reduce, avoid, transfer, or accept risks depending on their potential impact on the project. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

When proposed changes exceed the agreed change budget, the change authority must refer the decision back to the Project Board. This is because changes that exceed the budget may impact the overall project constraints and require higher-level approval to proceed. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

The Plans theme in PRINCE2® estimates the cost of delivering the project. This theme involves the preparation and maintenance of the necessary schedules and budgets to control the project, including outlining how, when, and by whom the project's products will be delivered and at what cost.References: PRINCE2® 7 Foundation handbook and documents.

According to the PRINCE2 methodology, a key requirement for applying the organization theme is ensuring that each member of the project management team has a clear and written role description. This document outlines their duties, responsibilities, and relationships to other roles within the project, which is fundamental for organizational clarity and accountability. References: PRINCE2® 7 Foundation Handbook and official training materials.

The purpose of the plans theme in PRINCE2® is to facilitate the management and control of the project by establishing whether the project's targets are achievable. This involves setting out how and when the project's objectives are to be achieved by defining the necessary resources, activities, timescales, and costs. References: PRINCE2® Foundation Handbook, Plans Theme section.

The purpose of the 'Directing a Project' process in PRINCE2 is for the project board to exercise overall control over the project while delegating day-to-day management of the project stages to the Project Manager. This process includes decision-making on project initiation and continuation, as well as providing overall guidance on policy and standards. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

The Quality theme in PRINCE2 verifies that a project’s products are fit for purpose. This theme ensures that the project delivers products that meet the requirements and standards necessary for acceptance by the customer and stakeholders, effectively supporting the achievement of the desired benefits. References: PRINCE2® 7 Foundation Handbook and official training materials.

To meet the minimum requirements for applying the Progress theme in PRINCE2, it must be considered how time-driven reports will be produced. This involves defining the frequency and format of progress reports to ensure that project performance and progress against plans can be effectively monitored and controlled throughout the project.References: PRINCE2® 7 Foundation resources and materials.

The minimum requirement for applying the Plans Theme in PRINCE2 is following the product-based planning approach. This approach involves creating a product breakdown structure, writing product descriptions, and defining product dependencies before developing the schedule and resource plans. It ensures that plans are focused on the project's deliverables and their quality requirements. References: PRINCE2® 7 Foundation Handbook and official training materials.

PRINCE2® sets minimum requirements within its themes. Themes support the principles and are aspects of project management that must be addressed continually and in parallel throughout the project. The themes provide knowledge areas necessary for the effective management of a project. References: PRINCE2® Foundation Handbook, Themes section.

The Benefits Management Approach in PRINCE2 is a document that describes how and when a measurement of the achievement of the project's benefits, both during and after the project, can be made. It is used to assess the performance of the project's products once they are in operational use, ensuring that the project delivers the intended benefits as outlined in the Business Case. References: PRINCE2® 7 Foundation Handbook and official training materials.

A Project Brief is produced to provide a full and firm foundation for the initiation of a project. This document outlines the project's objectives, scope, constraints, expected benefits, and structure of the project management team. It serves as the basis for the next process, Initiating a Project, where more detailed planning and definition of the project take place.References: PRINCE2® 7 Foundation handbook and official documents.

In PRINCE2, the Senior Supplier role is responsible for the quality of the specialist products delivered by the project. This role represents the interests of those designing, developing, facilitating, procuring, and implementing the project’s products, ensuring that the products meet the required quality standards and fit for their intended purpose. References: PRINCE2® 7 Foundation Handbook and official training materials.

The process that links the Team Manager role with the PRINCE2 method in a commercial environment is 'Managing Product Delivery'. This process ensures that the project's products are created and delivered efficiently and effectively, aligning the work of the team with the overall project management approach. References: PRINCE2® 7 Foundation Handbook and official training materials.

The correct phrase that completes the sentence is "The project manager has responsibility for day-to-day management of the project." This highlights the project manager's role in overseeing the project's daily operations, ensuring that project activities align with the overall plan and objectives. References: PRINCE2® 7 Foundation Handbook and official training materials.

The missing word in the sentence is "processes." PRINCE2 is a method that addresses project management through four integrated elements: principles, themes, processes, and tailoring the method to suit the project environment. The processes component includes a series of steps and activities to be carried out during the project’s lifecycle. References: PRINCE2® 7 Foundation Handbook and official training materials.

In PRINCE2®, the Executive role is responsible for ensuring that the project is justifiable in terms of cost. This includes making decisions about whether the project remains viable and desirable within its cost constraints. The Executive is tasked with the overall direction and management of the project from a business perspective, ensuring that it delivers value for money.References: PRINCE2® 7 Foundation resources and materials.

In PRINCE2®, the role responsible for appointing the Senior User, as well as other key project roles such as the Executive and the Senior Supplier, is typically taken by someone from corporate or program management, or the customer. This aligns with the principle of clearly defined roles and responsibilities, ensuring that the project has clear governance and accountability. The Senior User is appointed to represent the interests of all those who will use the project’s products, who will benefit from the outcomes, and those whose work might be impacted by the change.References: PRINCE2® Foundation Manual

The "Managing a Stage Boundary" process in PRINCE2® is designed to provide the project board with information to review the performance of a completed stage, confirm the continued business justification, and decide whether to proceed with the next stage. This process includes preparing key documents such as the End Stage Report and the next Stage Plan. References: PRINCE2® Foundation Handbook, Managing a Stage Boundary section.

In PRINCE2®, the Project Executive is responsible for the overall success of the project, which includes securing the necessary funding before the project begins. This role is part of the project board and has the authority to commit organizational resources and funds, ensuring that the project is financially viable from start to finish.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

A key leadership activity within a project involves understanding and effectively working with different departments outside of the project team. This includes managing stakeholder expectations, ensuring alignment with broader organizational goals, and facilitating cross-functional collaboration, which are essential for the successful delivery of project outcomes.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

The purpose of the 'Quality' practice in PRINCE2 is to ensure that the project's products meet the documented expectations of the user or stakeholders. This involves defining quality requirements and standards for the project and its products and setting out the necessary activities to achieve these standards, thereby ensuring that the project delivers outputs that are fit for use.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

Achieving the principle of 'ensuring continued business justification' involves confirming that the project remains desirable, viable, and achievable throughout its lifecycle. Adapting PRINCE2 to the project's scale of investment and the chosen delivery approach helps maintain its alignment with business justification, ensuring that the project's scale, complexity, importance, capability, and risk are proportionate to the project's objectives and environment.References: PRINCE2® 7 Foundation handbook and documents on the principles of PRINCE2.

In PRINCE2, baselines are used to establish a reference point for the agreed state of products, against which actual progress can be compared and managed. By requesting a report to check for conflicts between the agreed and actual states of products, the project manager is effectively applying the concept of baselines within issue management. This helps in identifying deviations from the agreed deliverables and initiating corrective actions to address these discrepancies.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

In the PRINCE2 methodology, the 'project mandate' is the term used for initial documentation that triggers the start of a project, typically provided by corporate or program management. It can often come in the form of a request for proposal received by an external supplier, setting out the initial definition of the project and what it aims to achieve, which then leads to more detailed project definitions in the 'starting up a project' process.References: PRINCE2® 7 Foundation resources on project initiation documentation.

The definition of management within the context of PRINCE2 relates to instructing the execution of tasks according to predefined, agreed-upon methods or standards. This encapsulates the directive aspects of management, ensuring tasks are completed as planned and in alignment with the project's goals and processes.References: PRINCE2® 7 Foundation handbook and guide on management principles.

According to the 'manage by exception' principle in PRINCE2, when any forecast indicates that tolerances are likely to be exceeded, this issue must be escalated to the project board for decision-making. This principle supports efficient use of management time by only involving them when necessary, such as when predefined thresholds are anticipated to be breached.References: PRINCE2® 7 Foundation handbook and documentation on the 'manage by exception' principle.

The need to engage with external suppliers for delivering parts of the project is commonly related to the 'Commercial' project context in PRINCE2. This context involves considerations around contractual arrangements, procurement, and the management of supplier relationships which are crucial for projects relying on external vendors for key components or services.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

A Work Breakdown Structure (WBS) is most useful when managing projects with multiple work packages that involve a combination of internal and external resources. The WBS helps in organizing and defining the total scope of the project by breaking down the project deliverables into smaller, more manageable components, facilitating better planning, allocation, and control of resources.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

In the 'risk management' technique within PRINCE2, considering the organization's environment is essential during the 'Identify' step. This phase involves understanding the context in which the project operates, including external and internal factors that could affect the project. This context is crucial for identifying potential risks that could impact the project's objectives.References: PRINCE2® 7 Foundation resources on risk management technique.

Uncertainty in a project is identified, assessed, and controlled through the application of the 'Risk Management Practice' in PRINCE2®. This practice involves systematic risk identification, assessment, and response planning to manage project risks effectively and ensure that they are within acceptable tolerance levels.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

Product-based planning in PRINCE2 focuses on defining and understanding the project's outputs or products. This method helps in determining the project's approach by clarifying what products must be delivered, thus guiding the planning of activities and resources needed to create these products. It ensures that the project's structure and execution strategy are aligned with delivering tangible, well-defined outcomes.References: PRINCE2® 7 Foundation resources on product-based planning.

The Risk Register in PRINCE2® is a document used to detail all identified risks associated with the project, including both threats and opportunities. This register includes descriptions of each risk, their status, and the responses planned or taken to manage these risks, serving as a key tool for risk management throughout the project lifecycle.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

When a project manager plans to keep the CO2 emissions of the project aligned with the business strategy, this addresses 'benefits sustainability'. This aspect involves ensuring that the project's outcomes and benefits are sustainable and align with broader business strategies, such as environmental objectives and corporate responsibility goals.References: PRINCE2® 7 Foundation documentation on sustainability in project management.

The 'Digital and Data Management Approach' in PRINCE2® should define how tools and technologies will be utilized to support the information needs of the project team. This approach outlines how digital resources, data handling, and communication tools are to be deployed to enhance the effectiveness of information sharing and project management practices.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

The Quality Management Approach in PRINCE2 should provide guidance on how and when prototyping is to be used within the project. This approach outlines the quality techniques and standards to be applied and the responsibilities for achieving the required quality levels. Prototyping, as a method to validate product quality and user requirements early in the development cycle, falls under these guidelines.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

In PRINCE2, a management activity within a project typically involves formal agreements and organizational actions. Agreeing on a work package with a team manager is a core management activity, where specific tasks, responsibilities, and tolerances are defined and communicated, ensuring that the project's delivery aligns with the planned objectives and constraints.References: PRINCE2® 7 Foundation study materials on project management activities.

In the PRINCE2 framework, the team manager is the role primarily responsible for the welfare, including the safety and well-being, of the project team. This role involves managing the team environment and ensuring that team members are supported throughout the project's lifecycle.References: PRINCE2® 7 Foundation guide and resources detailing project roles and responsibilities.

Change management' is defined as the means by which an organization transitions to a desired future state. It involves the processes and techniques used to manage the people side of change to achieve the required business outcome, ensuring that changes are implemented smoothly and effectively.References: PRINCE2® 7 Foundation materials on project management terms and definitions.

A feature of a stage plan that suggests a project is in danger of scope creep is when products identified in the stage plan cannot be traced back to the project plan. This indicates a lack of alignment between the stage and overall project objectives, potentially leading to uncontrolled changes or additions to the project scope, known as scope creep.References: PRINCE2® 7 Foundation documentation on stage planning and scope management.

Change management is important in a project because it provides structured processes and management products to manage and implement changes effectively. This ensures that all changes are assessed, approved, managed, and documented properly, helping the project adapt to changes while maintaining control and alignment with project objectives. References: PRINCE2® Foundation official resources and training on change management.

The project manager needs to prioritize several criteria that the project product must meet for acceptance during the step of 'Describing the quality management approach'. This step involves defining how quality will be managed throughout the project, ensuring that all quality criteria are clearly identified, prioritized, and agreed upon by stakeholders. References: PRINCE2® Foundation manual and quality management technique guidelines.

The 'Directing a Project' process in PRINCE2 starts when the request to authorize a project is received. This request usually comes after the initial project setup has been reviewed and there is a need to formally authorize the project to begin detailed planning and execution. This is a crucial step in establishing the governance framework that will guide the project's overall direction.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

When the senior user ensures that the outputs will be effectively used to achieve the outcomes and realize the benefits, they are applying the element of "Planning benefit reviews during the project" within effective business case management. This involves scheduling and conducting reviews to assess how the project's outputs are being used and whether the expected benefits are being realized, ensuring alignment with the project's business case.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

Maintaining the business case during the project lifecycle involves regularly updating it to reflect changes and actual experiences such as incurred costs. This ensures that the project remains viable and aligned with business objectives, as part of the continual justification process. The business case is dynamically managed to reflect any changes in the project's environment and is a fundamental part of the 'business case theme' in PRINCE2.References: PRINCE2® 7 Foundation source documents on business case management.

Under the 'exception management technique' in PRINCE2, the roles most likely to identify issues that exceed stage tolerances are the Project Executive and the Project Manager. The Project Manager monitors the project's progress against its plans and will identify any deviations that might breach the set tolerances. The Project Executive, being accountable for the project's overall success, also plays a crucial role in overseeing tolerance thresholds and taking appropriate actions when these are exceeded.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

When the project board reviews whether the investment remains justified as the project progresses, this application of the 'manage by stages' principle is evident. This principle ensures that at the end of each stage, the project board reassesses the business case and the viability of the project before deciding to continue with the next stage.References: PRINCE2® 7 Foundation resources on the 'manage by stages' principle.

Effective issue management in PRINCE2 should involve creating new versions of management products whenever a change is approved. This practice ensures that all documentation reflects the most current understanding and agreements regarding the project's scope and requirements. It helps maintain the integrity and relevance of the project documentation throughout its lifecycle, facilitating effective governance and control.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

The objectives of the 'closing a project' process in PRINCE2 include reviewing whether the project was delivered within time and cost tolerances (2) and confirming whether operational staff are happy to take ownership of the products (3). These objectives ensure the project has met its management expectations and that the product transition to operations is smooth and accepted by relevant stakeholders.References: PRINCE2® 7 Foundation guide on the 'closing a project' process.

Qualitative analysis of a risk in PRINCE2 assesses, at a minimum, the likelihood of each risk occurring and its potential impact on project objectives. This analysis helps in prioritizing risks based on their severity and likelihood, which is crucial for effective risk management and decision-making about risk responses.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

The objectives of the 'Starting up a Project' process in PRINCE2® include giving authority to initiate the project (ensuring there is a solid foundation before significant expenditure is committed), and appointing the resources needed to undertake the initiation phase of the project. This process sets the project up for success by confirming its scope, defining how it will be managed, and allocating the necessary resources.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

An internal factor to consider when tailoring PRINCE2 to a specific project environment is "The organization's procedures." Tailoring must take into account internal practices, procedures, and organizational culture to ensure that the project management approach aligns well with internal governance and can be effectively integrated within the organizational context.References: (PRINCE2® 7 Foundation Handbook, AXELOS)QUESTION NO: 448

What should the ‘organizing’ practice address?

A. How to meet the user's requirements of the project products

B. Which members of the project management team should report to whom

C. What might go wrong that could affect the achievement of the business objectives

D. who will be impacted by the change and how they will need to transition the new capabilities

Answer: B

The ‘organizing’ practice in PRINCE2 should address how the project management team is structured, specifically detailing which team members should report to whom. This practice ensures clear lines of communication and responsibility within the project team, facilitating effective management and decision-making processes.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

The project manager needs to ensure that operational teams are responsible for running the project outputs during the step 'Transition the project into the organizational ecosystem'. This step involves integrating the project outcomes into the regular functions of the organization, ensuring that operational teams are prepared and accountable for maintaining and managing the project's outputs post-project completion.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

Quality assurance is responsible for carrying out independent audits within a project. These audits are designed to ensure that the project complies with external standards and internal policies at an organizational level, distinct from the project-focused activities. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

Among the six aspects of project performance that need to be managed according to PRINCE2®, 'Progress' is a key component. The other aspects include costs, timescales, quality, scope, risk, and benefits. Managing progress involves monitoring and controlling how far along the project is in achieving its objectives and delivering its products. References: PRINCE2® Foundation official documentation and study materials.

The purpose of the Directing a Project process in PRINCE2 is to enable the Project Board to exercise overall control over the project while delegating day-to-day management of the project stages to the Project Manager. This ensures that the Project Board can make key decisions and remain accountable for the project's success while not being involved in the lower-level, day-to-day activities. References: PRINCE2 Foundation manual, PRINCE2 official resources

The purpose of the Initiating a Project process is to establish solid foundations for the project, ensuring that there is a clear understanding of the reasons for the project, the benefits expected, and how the delivery will be managed. This foundation is crucial for the successful management and delivery of the project. References: PRINCE2 Foundation manual, PRINCE2 official resources

To control the size of the Project Board on a project that involves multiple users and suppliers, creating user and supplier groups is an effective strategy. These groups can represent broader interests and provide input to the Project Board, helping to streamline decision-making processes without overloading the board with members. References: PRINCE2 Foundation manual, PRINCE2 official resources

During the Closing a Project process in PRINCE2®, the ownership of the project's products is formally transferred to the customer, ensuring that all deliverables have been accepted and are ready for operational use. This transfer marks the formal completion of the project. References: PRINCE2® Foundation official study guide and materials.

Similar to the answer to question 11, the change budget is specifically allocated for changes that are agreed upon that modify the scope of the project. This ensures that any scope modifications are funded without compromising the existing budget for planned deliverables. References: PRINCE2® Foundation official study guide and online resources.

In the PRINCE2® methodology, the Team Manager obtains approval for a completed product from the Project Manager. The Project Manager is responsible for ensuring that the products delivered by the Team Managers meet the project’s standards and requirements before accepting them. References: PRINCE2® Foundation official documentation and study materials.

The change budget in a PRINCE2® project is designed to fund changes that involve an increase in the agreed scope of the project. Such changes typically require additional budget allocations as they extend or modify what the project initially planned to deliver. References: PRINCE2® Foundation official study guide and online resources.

The approval needed to replace a Stage Plan with an Exception Plan must come from the Project Board. This is because the Exception Plan is created when a Stage Plan is forecast to exceed its tolerance levels, and the Project Board is responsible for approving such significant changes in the project’s direction or management. References: PRINCE2® Foundation official documentation and study materials.

One of the key benefits of using PRINCE2 is its versatility and adaptability, meaning it can be applied to any type of project across various industries. This flexibility is one of the reasons PRINCE2 is widely adopted globally. References: PRINCE2® Foundation official study materials.

According to PRINCE2, a project is not considered part of 'business as usual'. The defining attributes of a project include it being a temporary organization that is created for a specific purpose, which contrasts with 'business as usual' that involves ongoing, routine activities within an organization. References: PRINCE2 Foundation manual, PRINCE2 official resources

A key difference between management and technical stages in PRINCE2® is that technical stages can overlap whereas management stages cannot. Technical stages refer to the actual work being done, which can sometimes proceed in parallel, while management stages are concerned with the control and decision points that must be sequential to ensure proper governance. References: PRINCE2® Foundation official documentation and study materials.

The Progress theme in PRINCE2 provides all management levels within the project management team with mechanisms for monitoring and control. It involves tracking the ongoing viability of the plans and the project’s objectives, and it includes mechanisms for reporting, reviewing, and ensuring that decisions on continued investment are based on accurate information. References: PRINCE2 Foundation manual, PRINCE2 official resources

The Controlling a Stage process in PRINCE2 ensures focus on the delivery of a stage's products while managing and controlling any potential deviations or issues. This process helps in avoiding uncontrolled changes and maintains the project's focus on its objectives by providing regular monitoring and control. References: PRINCE2 Foundation manual, PRINCE2 official resources

A member of the Project Board is responsible for quality assurance in PRINCE2. Quality assurance is concerned with ensuring that the project's products meet the quality requirements set out in the project and that the project adheres to the appropriate corporate, programme management, or customer quality standards. References: PRINCE2 Foundation manual, PRINCE2 official resources

The Organization theme does not include defining the level of tolerance for each level of the project management team. Tolerance levels are typically set within the Plans theme, which deals with how the project is structured in terms of stages and the delegation of authority within those tolerances. The Organization theme primarily focuses on defining roles and responsibilities. References: PRINCE2® Foundation official study guide and materials.

Acceptance criteria should indeed be agreed upon between the customer and the supplier. This ensures that there is a clear, shared understanding of the conditions under which project outputs will be accepted. Acceptance criteria are detailed and measurable, contrary to being less specific than the customer's quality expectations. They can also be modified if necessary, provided there is agreement from relevant stakeholders.References: PRINCE2® 7 Foundation resources and materials.

The PRINCE2 principle supported by the setting of tolerances for the three levels of plan (Project, Stage, and Team Plans) is "Manage by exception." This principle allows management to set predefined tolerances for project objectives, and only escalate issues to higher management if these tolerances are exceeded, thereby facilitating efficient use of management time and focus. References: PRINCE2 Foundation manual, PRINCE2 official resources

The Controlling a Stage process is used by the Project Manager to maintain focus on the delivery of the stage's products within the agreed tolerances. This involves assigning work, monitoring such work, managing issues and risks, and ensuring that the stage remains on track in terms of time, cost, quality, scope, risk, and benefit performance. References: PRINCE2® Foundation official documentation and study materials.

An off-specification in PRINCE2 is considered a type of issue that arises when a project deliverable is forecasted to deviate from its agreed-upon specifications or requirements. It is an important part of the issue and change control procedure in PRINCE2, where it's recognized and managed to ensure the project stays aligned with its objectives. References: PRINCE2 Foundation Training Manual, PRINCE2 official website

In PRINCE2, the collective name for individuals or groups who may be affected by or can influence a project is "Stakeholders." This includes a wide range of people such as customers, users, team members, and suppliers, each of whom has an interest in the project's successful execution and outcomes. References: PRINCE2 Foundation manual, PRINCE2 official resources

The mechanisms established by the Progress theme in PRINCE2 are used by all levels of management to control any unacceptable deviations. This includes the Project Board, Project Manager, and higher management levels, ensuring that everyone involved in the project management team can effectively monitor and control the project's progress and address issues as they arise. References: PRINCE2 Foundation manual, PRINCE2 official resources

The information in a Lessons Report should be used by the corporate group to refine, change, and improve the standards within a quality management system. This approach ensures that insights and learnings gained from individual projects are integrated into organizational knowledge and contribute to continuous improvement across all projects. References: PRINCE2 Foundation manual, PRINCE2 official resources

PRINCE2 defines event-driven controls as those that are triggered by the occurrence of certain events within the project lifecycle, such as the completion of a product or phase. These controls are essential for decision-making because they provide necessary information at key points, allowing project managers and the Project Board to make informed decisions about the future of the project. References: PRINCE2 Foundation manual, PRINCE2 official resources

The risk response type "Exploit" is specifically designed to ensure that the opportunity is realized. This response is proactive and aims at making changes to exploit the opportunity fully, which aligns with managing opportunities within PRINCE2 risk management. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

Verification and audit is a typical core activity within configuration management according to PRINCE2. This activity involves checking that products meet their requirements and are appropriately approved, and ensuring that all items are correctly accounted for, controlled, and both physically and logically consistent throughout the project lifecycle. References: PRINCE2 Foundation Training Manual, PRINCE2 official website

When a product cannot meet all the requirements specified in its baselined Product Description, the first action to take is to raise an off-specification. An off-specification is used in PRINCE2 to formally identify any forecasted deviation from the agreed product requirements or quality expectations. References: PRINCE2 Foundation manual, PRINCE2 official resources

The Managing Product Delivery process in PRINCE2 covers the work done by external suppliers, even if they are not using PRINCE2. This process ensures that the work assigned to external suppliers is managed effectively, focusing on the acceptance, execution, and delivery of project products according to the agreed requirements. References: PRINCE2 Foundation manual, PRINCE2 official resources

The first task of product-based planning in PRINCE2 is to write the Project Product Description. This description defines the project's main output, outcome, or benefit and includes the project's scope and major deliverables, forming the basis for more detailed planning. References: PRINCE2 Foundation manual, PRINCE2 official resources

The purpose of the Controlling a Stage process in PRINCE2 is to monitor and control a stage by managing work progress, assessing issues and risks, and ensuring that deviations from the plan are identified and managed within tolerance. It includes taking corrective actions when necessary to keep the project on track. References: PRINCE2 Foundation manual, PRINCE2 official resources

In the PRINCE2 framework, a type of issue that can commonly occur is a request for change. This refers to a proposal for a change or modification to any aspect of the project, which may involve changes to the project's baseline aspects such as scope, product descriptions, quality criteria, or timeframes. References: PRINCE2 Foundation Training Manual, PRINCE2 official website

The purpose of the Managing Product Delivery process is to ensure that there is a controlled link between the Project Manager and the Team Managers. This link facilitates the proper execution and delivery of Work Packages, ensuring that work is carried out effectively, monitored, and controlled. References: PRINCE2® Foundation official documentation and study materials.

The objective of the Closing a Project process in PRINCE2 includes reviewing the performance of the project against its baseline. This ensures that all objectives have been achieved, the project has delivered the required products, and stakeholders are satisfied with the outcomes. It provides a formal closure to the project by ensuring all project work is completed and assessed. References: PRINCE2 Foundation manual, PRINCE2 official resources

The Progress theme in PRINCE2® establishes mechanisms to control the project against its baselines by providing ongoing forecasts for the project's objectives and continued viability. This theme ensures that the project remains on track to deliver the expected outcomes and can adapt to changes when necessary.References: = PRINCE2® 7 Foundation handbook and online resources

The Communication Management Strategy should be referred to at the end of a stage to check whether there is a requirement to send copies of the End Stage Report to external interested parties. This document outlines how, when, and by whom information will be disseminated throughout the project, including communication with external stakeholders. References: PRINCE2® Foundation official study guide and materials.

Risk appetite is defined as the amount and type of risk that an organization is willing to take in pursuit of its objectives. This concept helps organizations balance the potential benefits of risk-taking with their capability to manage the impact of unfavorable outcomes. References: PRINCE2® training manual and risk management framework.

The Quality Register in PRINCE2® should record all quality activities planned and executed to ensure the products are fit for purpose (1), and the roles responsible for reviewing the project's products (4). This register helps in tracking and managing the quality review process effectively.References: = PRINCE2® 7 Foundation handbook and online resources

The purpose of the 'Initiating a Project' process is to provide the Project Board with just enough information to decide whether to approve the initiation stage. This process involves the development of a more detailed Business Case and Project Plan, which are crucial for the Project Board to assess the project's viability and decide on its initiation confidently. References: PRINCE2® official guide and syllabus.

The process that provides information on a team’s work to the project manager in PRINCE2® is 'Managing Product Delivery'. This process involves the management of the link between the project manager and the team members, through which the team manager reports the progress of work packages to the project manager, ensuring that work is being completed as planned and that any issues are communicated.References: PRINCE2® Foundation Manual

People who join a project after initiation can quickly and easily find comprehensive information about how the project is being managed in the Project Initiation Documentation (PID). The PID provides a detailed basis for the management of the project, including how the project is structured, governed, and what methods are being used. It is a central document that encapsulates all key information needed to understand the project management approach.References: PRINCE2® Foundation Manual

The Project Board is accountable for approving proposals based on lessons learned from previous projects. This role involves decision-making at a higher level to ensure that the project aligns with the organization's overall strategy and governance framework. The Project Board's approval is crucial for implementing changes that can impact the project's direction and management. References: PRINCE2 Foundation Guide, "Organization" theme

he PRINCE2® principle of "Focus on products" helps to ensure that all changes to the outputs are agreed upon. This principle emphasizes defining and delivering products that meet specific requirements, ensuring that changes are controlled and agreed upon through the proper product descriptions and project management processes. It helps manage scope and quality by focusing on product delivery requirements.References: PRINCE2® Foundation Manual

A fundamental assumption in the PRINCE2® framework regarding the customer/supplier environment is that the customer will specify the desired result. This assumption underlines the relationship where the customer defines what they want to achieve from the project, and the supplier provides the resources and expertise to deliver the project's outputs that meet these specifications.References: PRINCE2® Foundation Manual

According to the ‘continued business justification’ principle of PRINCE2®, if a project can no longer be justified — meaning it no longer meets its original or updated justification for a viable return on investment — the funds allocated to it should be returned to corporate, programme management, or the customer. This ensures that resources are not wasted on unjustifiable projects.References: = PRINCE2® 7 Foundation handbook and online resources

An objective of the 'Directing a Project' process in PRINCE2® is to give authority to deliver the project product. This process is where the project board makes key decisions and exercises overall control while delegating day-to-day management of the project stages to the project manager.References: PRINCE2® Foundation Manual

The purpose of the 'Initiating a Project' process in PRINCE2® is to ensure that the project has a sound basis before the project board is asked to make any major commitment to the project. This process is crucial for establishing a stable foundation for the project, detailing the necessary aspects such as scope, timescales, costs, risks, and benefits before full-scale implementation commences.References: PRINCE2® Foundation Manual

The 'Controlling a Stage' process should be used during each delivery stage of a project. This process is essential for the day-to-day management of the project stage by the project manager. It includes monitoring, reporting, and responding to issues within the stage to ensure the project remains within agreed tolerances.References: = PRINCE2® 7 Foundation handbook and online resources

The principle of 'Learn from experience' in PRINCE2® mandates that project teams should continuously use previous lessons to improve the outcomes of current and future projects. By reviewing end project reports from similar past projects to understand and correct underestimations, the project manager is directly applying this principle to refine and optimize project planning and execution.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

A time-driven control is defined as a monitoring system that is based on a fixed time interval, such as weekly or monthly progress reports. The expected frequency of progress reports specified in a work package represents a time-driven control, where updates are required at predefined intervals irrespective of the state of the project at those times.References: = PRINCE2® 7 Foundation handbook and online resources

The goal of the 'implement' step within the recommended risk management procedure in PRINCE2® is to prepare specific management responses to the identified risks. This involves developing strategies to enhance opportunities and reduce threats to the project's objectives, ensuring that appropriate responses are ready for implementation.References: = PRINCE2® 7 Foundation handbook and online resources

Applying the 'tailor to suit the project' principle in PRINCE2® helps make project management less bureaucratic by allowing for adaptations based on the project's size, complexity, environment, and stakeholders' needs. This flexibility reduces unnecessary overhead and ensures that the project management approach is both effective and efficient, enhancing overall project delivery without being overly constrained by rigid processes.References: PRINCE2® Foundation Manual

An objective of the 'Directing a Project' process in PRINCE2® is to provide an interface between the project management and the wider corporate, programme management, or customer environment. This process ensures that the project remains aligned with the organization’s objectives and governance frameworks, and that corporate or programme management can provide oversight and support as needed.References: = PRINCE2® 7 Foundation handbook and online resources

The result of the change derived from using the project's product is referred to as the 'outcome'. An outcome is the effect of the change, typically a new capability that the project's outputs enable within the organization. This differs from outputs (which are tangible deliverables of the project) and benefits (which are the measurable improvements resulting from an outcome).References: = PRINCE2® 7 Foundation handbook and online resources

The role of the change authority in PRINCE2® is to authorize changes within the project that do not exceed a predefined budget. This role is designated to ensure that any change proposals are evaluated and approved without exceeding the allocated budget for changes, thereby maintaining control over project costs and scope.References: PRINCE2® Foundation Manual

Applying the ‘focus on products’ principle in PRINCE2® helps to ensure stakeholder expectations are met by providing a common understanding of the project’s products. This principle emphasizes the importance of clearly defining what the project has to deliver, in terms of both scope and quality, so that there is no ambiguity about the expected deliverables, thereby aligning expectations and project outputs.References: = PRINCE2® 7 Foundation handbook and online resources

The 'learn from experience' principle in PRINCE2® encourages continuous learning and adaptation within the project team. By applying this principle, teams are able to capture and act upon lessons learned throughout the project, thereby identifying and implementing improvements in real-time, which can enhance project outcomes.References: = PRINCE2® 7 Foundation handbook and online resources

The purpose of the Communication Management Approach is to define how the project team will engage with and manage communications with stakeholders throughout the project. This includes planning the means and frequency of communication to ensure all stakeholders are appropriately informed and can provide necessary feedback on project progress and issues. References: PRINCE2 Foundation Guide, "Communication Management Approach" section

According to PRINCE2®, a project should have tolerances defined for each project objective. Tolerances specify the permissible deviations in scope, time, cost, quality, risk, and benefits that are allowed before the deviation needs to be escalated to a higher authority. This is fundamental for the 'manage by exception' principle, allowing efficient use of time and resources by project management levels.References: PRINCE2® Foundation Manual

The six aspects of project performance to be managed, as outlined in PRINCE2®, are benefits, costs, timescales, scope, quality, and risk. Managing these aspects helps ensure that the project delivers its intended outputs while adhering to predetermined constraints and achieving desired outcomes.References: = PRINCE2® 7 Foundation handbook and online resources

A risk actionee in PRINCE2® is responsible for managing, monitoring, and controlling all aspects of a specifically assigned risk. This role includes planning and implementing appropriate risk responses and ensuring that the risk is handled effectively throughout its lifecycle in the project.References: PRINCE2® Foundation Manual

Part of the recommended risk management procedure in PRINCE2® includes regularly reviewing risk management practices to ensure they are effective. This activity involves evaluating the processes used for risk identification, assessment, and response to ensure that risks are being managed appropriately and that the procedures are fit for purpose.References: PRINCE2® Foundation Manual

The length of management stages in a PRINCE2® project can be influenced by the availability of the project board to review and approve key decisions at stage boundaries. This ensures that stages are planned around when decision-makers can participate and provide necessary guidance or approvals.References: = PRINCE2® 7 Foundation handbook and online resources

The objectives of the 'Controlling a Stage' process in PRINCE2® include focusing on the completion of work within agreed tolerances and ensuring that all stage products meet the agreed quality expectations. These objectives are central to maintaining control over the stage and ensuring that the project delivers outputs that are fit for purpose.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

A risk budget should be used to implement contingency plans (2) and actions to avoid a risk from occurring (3). This budget is set aside to fund specific actions that are part of the project’s risk management strategy, enabling proactive and reactive responses to identified risks, ensuring the project remains on track despite uncertainties.References: = PRINCE2® 7 Foundation handbook and online resources

PRINCE2® requires that the business case be formally verified by the project board at stage boundaries. This verification is essential to ensure that the project remains viable and desirable from a business perspective. The project board's review of the business case at these critical points helps in deciding whether the project should continue into its next stage.References: PRINCE2® Foundation Manual

The Project Board must review the Project Brief to confirm there is enough information to initiate the project. The Project Brief includes the outline Business Case, the project's objectives, and how the project fits into the organization's objectives. This document is essential for the Project Board to understand what the project is intended to achieve, ensuring alignment with organizational goals and confirming that the project remains viable before moving forward into the initiation stage. References: PRINCE2® Foundation training manual and official handbook.

One advantage of applying the 'manage by stages' principle in PRINCE2® is that the project is broken down into manageable stages, providing decision points (stage boundaries). This helps in maintaining control by providing opportunities to review and, if necessary, adjust the project’s direction and ensure it does not run on in an uncontrolled manner.References: PRINCE2® Foundation Manual

During the 'assessing issues' step, the project manager should consider the impact of alternative options for resolution. This involves evaluating different ways to address the issue, assessing their potential impacts on the project’s objectives, timescales, costs, and risks, and then proposing the most appropriate solution for decision by the project board.References: = PRINCE2® 7 Foundation handbook and online resources

The Exception Report must be used to inform the project board of a predicted deviation from the agreed stage limits. This report is triggered when stage tolerances are forecasted to be exceeded, requiring the project board's decision on how to proceed with the project.References: = PRINCE2® 7 Foundation handbook and online resourcesQUESTION NO: 321

Which control must be used as a minimum requirement for applying the 'progress' theme?

A. A project plan

B. Tolerances

C. An Issue register

D. Highlight reports

Answer: B

Tolerances are a minimum requirement for applying the 'progress' theme in PRINCE2®. They define the allowable deviations in time, cost, quality, scope, risk, and benefit objectives that do not require escalation to higher management levels. This control mechanism ensures that the project operates within agreed boundaries without frequent upper management intervention.References: = PRINCE2® 7 Foundation handbook and online resources