PRINCE2^® Foundation Exam

Within which integrated element does PRINCE2 set minimum requirements?

1. Principles
2. Themes
3. Processes
4. Tailoring

Identify what may be considered to be one of the six aspects of project performance.

1. Benefits
2. Roles
3. Change
4. Issues

Which principle advises that a project should have three primary stakeholders?

1. Manage by exception
2. Learn from experience
3. Manage by benefits
4. Defined roles and responsibilities

Which principle delegates authority from one management level to the next by setting tolerances?

1. Define roles and responsibilities
2. Manage by exception
3. Manage by stages
4. Manage by Delegation

What is the result of the change derived from using the projects outputs?

1. Outcomes
2. Outputs
3. Benefits
4. Profit

Which management product is a minimum requirement for the organisation theme?

1. PID
2. Communication management approach
3. Project product description
4. Plans

What should be considered when defining the number of management stages in a project?

1. When project support will be available
2. When highlight reports will be submitted
3. The availability of quality assurance
4. When key decisions need to be made

Themes — Themes are knowledge areas; e.g., business case, organization, quality. There are a number of questions on the Minimum Requirements for each theme. E.g. The minimum requirements documents for the Business Case theme are: 1) Business Case and 2) Benefits Management Approach

Benefits — The six variables are: time, cost, quality, scope, benefits, and risk

Defined roles and responsibilities — All projects have the following primary stakeholders: business, users and suppliers. This is one of the topics in the ‘defined roles and responsibilities’ principle.

Manage by exception — Accountability is established by delegating authority from one management level to the next by setting tolerances against six aspects of performance for the respective level of the plan. This is the ‘manage by exception’ concept.

Outcomes — Outcomes describe what users can do better; e.g., faster reporting or better-looking reports.

PID — PRINCE2 requires that 2 organisation related products (documents) be produced and maintained and that both of these documents should be created during the initiating a project process. These are the PID and the communication management approach (CMA).

When key decisions need to be made — The following will be considered when defining the number of management stages:

• how far ahead in the project it is sensible to plan
• where the key decision points need to be on the project
• the amount of risk within the project
• Level of control required by project board
• how confident the project board and project manager are in proceeding