From whom does a Team Manager obtain approval for a completed product?
Correct Answer: A
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. Reference: PRINCE2 Foundation official documentation and study materials.
According to the ‘continued business justification’ principle, when is a justifiable reason for a project FIRST needed?
Correct Answer: C
According to the ‘continued business justification’ principle in PRINCE2, a justifiable reason for a project is required before any work to start the project begins. This ensures that projects are initiated only when there is a clear business need, aligned with organizational objectives, and there is an expectation of value creation. The business case is developed during the initial stages of the project and is maintained and reviewed throughout the project lifecycle.
PRINCE2 Foundation Manual
Which is the BEST reason for a PRINCE? project to have at least two stages?
Correct Answer: B
One of the best reasons for a PRINCE2 project to have at least two stages is that it provides structured decision points. At the end of each stage, the project board reviews progress and decides whether to proceed with the next stage, ensuring that the project remains viable and aligns with business objectives before committing further resources.
PRINCE2 7 Foundation resources on stage management.
According to the ‘tailor to suit the project’ principle, what is the basis for effective project management?
Correct Answer: D
According to the ‘tailor to suit the project’ principle in PRINCE2, effective project management is based on adapting the method to suit the project’s environment. This means the approach to managing the project should be appropriate to the specific circumstances of the project, including its scale, complexity, importance, capability, and risk. Reference: PRINCE2 Foundation Handbook, Tailoring PRINCE2 section.
Which PRINCE2 principle is supported by the setting of tolerances for the three levels of plan?
Correct Answer: B
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. Reference: PRINCE2 Foundation manual, PRINCE2 official resources
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