Prince2-Foundation PRINCE2 7 Foundation written Exam Free Practice Exam Questions (2025 Updated)

The tailoring approach for a project is defined and approved by the project board. This includes adapting PRINCE2® to suit the project's environment, size, complexity, importance, capability, and risk. Tailoring is crucial to ensuring that the project management method is applied in a way that fits the specific characteristics of the project and its context.References: PRINCE2® 7 Foundation handbook and documents.

According to PRINCE2, the business justification, or the continued viability of the project, must be reviewed continually throughout each stage of the project. This ensures that the project remains aligned with business needs and objectives and that it is still worth pursuing in light of any developments or changes that may occur. References: PRINCE2® 7 Foundation Handbook and official training materials.

When defining the number of management stages in a PRINCE2® project, it is essential to consider when key decisions need to be made by the project board. Stages are often structured around the need for key decision points, enabling the project board to review progress and make informed decisions about whether and how the project should continue. References: PRINCE2® Foundation Handbook, Tailoring PRINCE2 - Stages section.

In PRINCE2, the Senior User role represents the interests of those who will use the project's products, those for whom the products will enable benefits after the project is complete, and any others who might be affected by the project outputs. This role is essential in ensuring that the project delivers products that meet the users' needs and achieve the desired benefits for the organization. References: PRINCE2® 7 Foundation Handbook and official training materials.

The purpose of the 'Initiating a Project' process in PRINCE2 is to establish solid foundations for the project, ensuring that there is a common understanding of the reasons for the project, the expected benefits, how it will be managed, and what its products should deliver. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

Time-driven controls in PRINCE2 are mechanisms that take place at predetermined intervals, such as end stage assessments or regular progress meetings, to ensure ongoing monitoring of the project’s progression through its stages and the work being completed in work packages. They help in keeping the project on track by providing timely information on performance. 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 'Initiating a Project' process in PRINCE2 is crucial for establishing a solid foundation for the project. This process is used to ensure that there is a shared understanding of the reasons for undertaking the project, the way its objectives will be achieved, and the related commitments of time and resources before substantial resources are committed. References: PRINCE2® 7 Foundation Handbook and official training materials.

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.

During the Managing a Stage Boundary process, the Business Case is used to justify the continuing viability of the project. This involves reviewing and, if necessary, updating the Business Case to reflect any changes or new insights that might impact the project's justification. This helps the Project Board make informed decisions about the future progression of the project.References: PRINCE2® 7 Foundation handbook and official documents.

If projects are not aligned with the corporate business strategy, a potential problem is that the objectives of different projects may overlap. This can lead to duplicated efforts, resource wastage, and conflicts between projects, all of which detract from organizational efficiency and effectiveness. References: PRINCE2® Foundation Handbook, Project Alignment with Corporate Strategy section.

The 'Manage by Stages' principle in PRINCE2 allows the project board to control the project effectively by reviewing its viability at the end of each management stage. This review process provides regular control points where the continuation of the project is assessed based on its performance and continued business justification. References: PRINCE2® 7 Foundation Handbook and official training materials.

The 'Implement' step within the recommended risk management procedure in PRINCE2® involves taking planned actions to respond to a risk. This step is crucial as it moves the risk response from the planning stage into actual execution, thus addressing the risk directly to mitigate its impact on the project.References: PRINCE2® 7 Foundation study guide and official documents.

A minimum requirement for applying the Risk Theme in PRINCE2 is to follow the PRINCE2 risk management procedure. This procedure includes the systematic process of identifying, assessing, and controlling project risks, ensuring that risks are managed proactively throughout the project. References: PRINCE2® 7 Foundation Handbook and official training materials.

According to the 'continued business justification' principle in PRINCE2, project benefits must be aligned to the business objectives. This alignment ensures that the project remains viable and relevant throughout its life cycle, and that it contributes to achieving strategic goals. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

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.

A risk budget is a specific amount of money set aside within the project budget to address potential threats and opportunities. This allocation is used to fund the specific management responses required to mitigate identified risks. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

The principle of 'manage by exception' in PRINCE2® involves setting tolerances for each project objective to establish clear limits of delegated authority. This allows for efficient use of management time and enables project managers to make decisions within the tolerance limits, while escalating issues that go beyond these limits. References: PRINCE2® Foundation Handbook, Manage by Exception section.

The purpose of a project brief in PRINCE2® is to provide a full and firm foundation for the initiation of the project. It includes information necessary to decide whether or not to initiate the project and acts as a base document against which the project board and key stakeholders can assess project progress during its lifecycle. References: PRINCE2® Foundation Handbook, Project Brief section.