Which should be funded by a change budget?
A
Explanation:
The change budget in a PRINCE2® project is designed to fund changes that involve an increase in the
agreed scope of the project. Such changes typically require additional budget allocations as they
extend or modify what the project initially planned to deliver. Reference: PRINCE2® Foundation
official study guide and online resources.
Which should be funded from a change budget?
C
Explanation:
Similar to the answer to question 11, the change budget is specifically allocated for changes that are
agreed upon that modify the scope of the project. This ensures that any scope modifications are
funded without compromising the existing budget for planned deliverables. Reference: PRINCE2®
Foundation official study guide and online resources.
Which is the Issue Register NOT used for?
A
Explanation:
The Issue Register in PRINCE2® is used to capture and record all issues that may affect the project but
it is not designed to capture external events unless they become issues directly impacting project
deliverables or processes. Its primary function is to log problems identified in project execution, not
general external events. Reference: PRINCE2® Foundation official study guide and online resources.
If the Project Board instructs the Project Manager to implement a request for change, which
document would contain details of that change?
C
Explanation:
When the Project Board instructs the Project Manager to implement a request for change, details of
that change are contained in an Issue Report. This document provides a detailed description of the
issue, its evaluation, and the decisions regarding its resolution, including any changes to be
implemented. Reference: PRINCE2® Foundation official study guide and online resources.
These answers are based on the latest materials and guidelines from the PRINCE2® Foundation
documentation and should reflect the most current practices and theoretical underpinnings of the
methodology.
Which is the purpose of the Change theme?
B
Explanation:
The purpose of the Change theme in PRINCE2 is to establish a clear, structured approach for
identifying, assessing, and controlling changes to baselined products. This theme ensures that only
approved changes are implemented, helping to manage and minimize their potential impacts on the
project's objectives. Reference: PRINCE2 Foundation manual, PRINCE2 official resources
Which step in the issue and change control procedure considers alternative options for responding to
an issue that is being managed formally?
B
Explanation:
In the issue and change control procedure within PRINCE2, the "Examine" step involves considering
alternative options to address an issue that is being managed formally. This step is crucial for
evaluating the possible responses to an issue before making a decision on the best course of action.
Reference: PRINCE2 Foundation manual, PRINCE2 official resources
A product can NOT be supplied to meet all of the requirements in its baselined Product Description.
What first action should be taken?
B
Explanation:
When a product cannot meet all the requirements specified in its baselined Product Description, the
first action to take is to raise an off-specification. An off-specification is used in PRINCE2 to formally
identify any forecasted deviation from the agreed product requirements or quality expectations.
Reference: PRINCE2 Foundation manual, PRINCE2 official resources
Which of the following statements about the Closing a Project process are true?
1. The Closing a Project process provides a fixed point for the receipt of completed Work Packages for
the work performed in the final stage.
2. The Closing a Project process provides a fixed point to review if the objectives set out in the
original Project Initiation Documentation have been achieved.
B
Explanation:
The statement that "The Closing a Project process provides a fixed point to review if the objectives
set out in the original Project Initiation Documentation have been achieved" is true. This process is
crucial for ensuring that the project has met its objectives and that all remaining project deliverables
are acceptable to stakeholders. The first statement is incorrect as the receipt of completed Work
Packages is typically handled during the 'Managing a Stage Boundary' process rather than in the
'Closing a Project' process. Reference: PRINCE2 Foundation manual, PRINCE2 official resources
What takes place during the Closing a Project process?
B
Explanation:
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. Reference: PRINCE2®
Foundation official study guide and materials.
Which is an objective of the Closing a Project process?
C
Explanation:
One of the objectives of the Closing a Project process is to produce a Benefits Review Plan. This plan
outlines how the benefits of the project will be measured and reviewed after the project has been
closed. It is crucial for ensuring that the benefits expected from the project are tracked and assessed
in the post-project phase. Reference: PRINCE2® Foundation official study guide and materials.