2.2 Explain How and Why the Principles Provide the Basis of Applying PRINCE2, and Which Factors Influence the Way the PRINCE2 Method Can Be Tailored and Applied, Who Is Responsible, and How Tailoring Decisions Are Documented (2, 2.7, Fig 2.1) PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 4)

Questions 16–20

1. 16foundation · easy

   Why are the PRINCE2 principles considered essential for the method to remain fit for purpose?

   • AThey allow the method to be applied in a way that is consistent yet adaptable to the specific project environment.
   • BThey provide a fixed set of rules that must be followed identically on every project.
   • CThey ensure that the project manager has complete control over all decisions.
   • DThey eliminate the need for tailoring by providing a one-size-fits-all approach.
   Reveal Solution Discussion Select an answer first
2. 17application · medium

   A project manager is explaining to a new team member why PRINCE2 principles are important. Which statement correctly describes the role of principles in the method?

   • AThey are a set of optional guidelines that can be ignored if the project is small
   • BThey provide a foundation that ensures the method is applied consistently and can be adapted to different environments
   • CThey are a set of rules that must be followed exactly in every project
   • DThey are only relevant during the initiating a project process
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4. 18application · medium

   A project is using a simplified version of PRINCE2 because it is small and low-risk. The project manager needs to record the tailoring decisions so that they are visible to the project board and any future audits. Where should these decisions be documented?

   • AIn the risk register
   • BIn the highlight report
   • CIn the lessons log
   • DIn the project initiation documentation (PID)
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5. 19application · medium

   A project is being run in a highly regulated environment where compliance with external standards is critical. How should PRINCE2 be tailored to address this?

   • ABy ignoring the external standards and focusing only on PRINCE2 processes
   • BBy using a different project management methodology
   • CBy reducing the number of management stages to speed up delivery
   • DBy adding extra management products to ensure compliance with the external standards
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6. 20foundation · easy

   In PRINCE2, what is the primary role of the seven principles?

   • AThey are optional guidelines that can be ignored if the project is small.
   • BThey are the mandatory elements that must be present for a project to be considered a PRINCE2 project.
   • CThey provide a set of mandatory practices that must be applied without any adaptation.
   • DThey are a checklist of activities to be performed at the start of each management stage.
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