PRINCE2 ( PRojects IN Controlled
Environments) Foundation and
[DOCUMENT TITLE]
Practitioner PRINCE2 Practitioner Exam
Questions with Verified Solutions | 100%
Pass | Graded A+ |
Administrator
[COMPANY NAME] [Company address]
, 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*
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller StarScoreGrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
