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

The 'Develop' step in the 'Business Case Management' technique within PRINCE2® is where the rationale for the project is initially formulated. This includes evaluating whether current operations should continue as they are or if a change through a project could potentially enhance efficiency or effectiveness. This is the stage where strategic decisions about starting a project are made based on business justifications.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

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The purposes of the 'directing a project' process are to enable the project board to be accountable for the project's success by making key decisions (1) and to exercise overall control of the project (4). This process ensures that strategic guidance and oversight are maintained, but does not directly involve the project board in authorizing work packages or preparing communication approaches—that's handled by the project manager.References: = PRINCE2® 7 Foundation handbook and online resources

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

In the 'planning' technique, a team manager should break down the cost of delivering a work package during the 'Preparing estimates' step. This involves estimating the resources and time required to deliver each component of the work package, which are critical for budgeting and resource allocation. References: PRINCE2® Foundation course material on planning techniques and project management documentation.

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

To meet the minimum requirements when applying the change theme in PRINCE2®, it is necessary to maintain records of the decisions made on all issues. This includes documenting how each issue was addressed and any subsequent changes made to project plans or products. This record-keeping is crucial for traceability, accountability, and ensuring that decisions are aligned with project objectives and governance.References: PRINCE2® Foundation Manual

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

In the PRINCE2® process of Managing Product Delivery, the work to be done is assigned to a Team Manager. This process involves the acceptance, execution, and delivery of project products and is where the work is delegated to the team responsible for producing the products, managed by a Team Manager.References: PRINCE2® Foundation Manual

An objective of the 'Controlling a Stage' process in PRINCE2® is to replan the current stage when directed. This process handles day-to-day management of the project, and includes responding to issues that might impact the stage plan, requiring replanning to ensure project objectives can still be met.References: PRINCE2® Foundation Manual

In PRINCE2®, stakeholders of a project are defined as all individuals or groups that are either involved in, affected by, or can affect the project's outcomes. This broad definition ensures that the project management considers all relevant perspectives and interests, which can impact the project's success.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 'Managing Product Delivery' process in PRINCE2® achieves its purpose by ensuring that the work required to deliver the project's products is agreed upon and conforms to the defined requirements. This process manages the link between the project manager and the team members by agreeing on assignments, ensuring that planned products are delivered to specifications, and that work progresses as planned.References: = PRINCE2® 7 Foundation handbook and online resources

The 'Starting up a Project' process in PRINCE2® is typically triggered when a project mandate is available. The project mandate provides the basic information necessary to define whether there is sufficient justification to proceed with the project's setup.References: PRINCE2® Foundation Manual

Change management is defined as the means by which an organization transitions from its current state to the target state. It encompasses all activities involved in managing change, including handling changes to the scope of projects and ensuring that changes are implemented smoothly and sustainably. This involves strategic planning, oversight, and ensuring that changes are accepted and adopted by all stakeholders. References: PRINCE2® Foundation training materials and glossary.

The Benefits Management Approach in PRINCE2® is designed to outline how and when the improvements (benefits) delivered by the project will be measured and to define the reason for delivering these improvements. This approach ensures that there is a clear understanding of the project’s intended outcomes and how these will contribute to the organization's objectives, thereby justifying the project’s existence and ongoing investment.References: PRINCE2® Foundation Manual

Applying the organization theme in PRINCE2® mandates that the project's approach to engaging with its stakeholders must be clearly defined. This ensures that roles and responsibilities in relation to stakeholder engagement are explicitly outlined and understood, facilitating effective communication and management of stakeholder expectations throughout the project.References: = PRINCE2® 7 Foundation handbook and online resources

One of the key responsibilities of the project board within PRINCE2® is to ensure effective communication with external stakeholders. This involves overseeing the project's strategic direction and ensuring that stakeholder needs, expectations, and communications are properly managed and addressed throughout the project lifecycle.References: = PRINCE2® 7 Foundation handbook and online resources

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

Project assurance personnel should support the project manager by providing an independent view on the progress and performance of the project, ensuring that it adheres to the project plan and meets its objectives without directly managing any of the project activities.References: = PRINCE2® 7 Foundation handbook and online resources