Free Practice Questions for PRINCE2 Prince2-Foundation Exam

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

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

Time-driven controls in PRINCE2® are specifically designed to monitor the progress of Work Packages and management stages at regular intervals. These controls ensure that the project stays on schedule and that any deviations are identified and managed promptly. References: PRINCE2® Foundation official study materials.

The Project Board acts as the primary communication channel between a project and corporate or programme management. This role involves ensuring that the project aligns with corporate objectives, communicating the needs and constraints of the project to higher management, and securing necessary resources and support. References: PRINCE2 Foundation manual, PRINCE2 official resources

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 purpose of the Controlling a Stage process in PRINCE2® is to monitor and control a stage within its authorized tolerances. During this process, the Project Manager assigns work, monitors work progress, deals with issues, reports stage status to the Project Board, and takes necessary corrective actions to stay within the stage's tolerances. References: PRINCE2® Foundation official documentation and study materials.

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.

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

The Business Case in PRINCE2® documents the information needed to establish and maintain a project's continued business justification. It includes details on the expected benefits, costs, risks, and the rationale for the project, providing a basis to judge whether the project remains viable. References: PRINCE2® Foundation official guide and study material.

One of the key objectives of the Initiating a Project process is to tailor the organization's project management method to suit the specific requirements of the project. This involves adapting processes, controls, roles, responsibilities, and techniques to ensure they are appropriate for the project's context. References: PRINCE2® Foundation official documentation and study materials.