George Washington University - Mount Vernon Campus
PRINCE2 Foundation and Practitioner
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PRINCE2 ( PRojects IN Controlled
Environments) Foundation and
[DOCUMENT TITLE]
Practitioner PRINCE2 Practitioner Exam
Questions with Verified Solutions | 100%
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, PRINCE2 Practitioner Exam Questions with Verified Solutions
1. What are the 7 principles
BLDMMFT
of prince2?
(continued) Business justification
Learn from experience
Defined roles & responsibilities
Manage by stages
Manage by
exception Focus on
products Tailor to
2. what is 'continued busi- suit the Project
ness justification' in con-
- documented in BC
text? And what happens
- Format varies depending on
without this?
organisation standards, project,
circumstances.
- Drives decision making.
- BJ may change - so a project that
can no longer be justified should be
stopped
Without this:
- projects proceed that have few real
benefits
3. what is 'learn from - projects that have poor alignment with
experi- ence' in context? cor- porate/programme management
strategies = mean organisations have
projects w/ inconsis- tent objectives
- @ project start: review previous or
similar projects
4. what is 'defined Roles & - @ during project: lessons should be
Responsibilities' in con- captured ongoing in 'reports/reviews'
text? - @ as project closes: projects should
pass on lessons.
- PROB: projects are usually cross-
functional, multiple organisations, and
full time/part time resource - all have
diff priorities/interests in pro- ject
, PRINCE2 Practitioner Exam Questions with Verified Solutions
- SOL: projects must have
explicit 'Project Man-
agement Team Structure'
= w/ agreed roles &
responsibilities (what is
expected from each
person?)
, PRINCE2 Practitioner Exam Questions with Verified Solutions
- All projects have 3x 1y SHs: (BUS)
1.business sponsors - endorse
objectives, en- sure investment is VFM
2.users - will use the complete product
2 gain benefits
3.suppliers - give resource/expertise 4
project
SO all THREE x SH interests should be
repre- sented in the PM TEAM --> and in
the Project Board
5. what is 'manage by
stages' in context? - management stages are used to plan,
moni- tor, & control a Prince2 project
- prince2 projects should have min. 2
manage- ment stages: 1. Initiation
Stage 2. Atleast one more Mgmt stage
- more complex projects have more stages
- Project board authorizes project 1
stage @ a time
- provides review & decision points = so
project board can assess project viability
@ defined intervals VS uncontrolled
manner
- enables key decisions 2 be made ahead
of the work needed to implement them
- facilitates 'Manage By Exception'
principle; delegates PM authority to
manage project stage by stage (within
agreed tolerances)
- @end of management stage: PM
reviews a. BC, b. Project plan, c.
Updates project doc- umentation w/
stage findings. Creates 1. end stage
report 2. stage plan --> needed 2
request Authorization from PB to
commence the next stage > PB
conducts *end-stage assessment*
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