In PRINCE2, when should lessons be captured and reviewed?

Only during the initiation stage when the project plan is created.

Only at the end of the project during the closing stage.

At the start of the project and then only if a major issue occurs.

Throughout the project, with lessons applied to improve current and future work.

What is the focus of the 'Focus on Products' principle?

Reducing the number of products to save costs.

Using the latest technology to create products.

Defining and delivering products that meet quality expectations and acceptance criteria.

Ensuring that all project activities are completed on time.

A large construction project is in its second management stage. The project manager has discovered that the cost of materials has increased significantly, and the stage is now forecast to exceed its cost tolerance by 12%. The project tolerance for cost is 15%. The project board is meeting next week. What should the project manager do?

Wait for the next project board meeting to report the deviation.

Reduce the scope of the stage to bring costs back within tolerance.

Escalate the forecast deviation to the project board immediately, even though the project tolerance is not yet exceeded.

Use the project tolerance to absorb the overrun and continue the stage.

What does the 'Tailor to Suit the Project' principle involve?

Using PRINCE2 exactly as described in the manual without any changes.

Creating a new project management methodology for each project.

Selecting only the PRINCE2 principles that are relevant to the project.

Adapting PRINCE2 to the project's environment, size, complexity, importance, capability, and risk.

Which three project interests must be represented in a PRINCE2 project?

Sponsor, project manager, and team manager

Customer, developer, and tester

PRINCE2 Foundation (Version 7)

Domain 2Objective 1

2.1 Explain the PRINCE2 Principles PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 5)

Part of the Understand how the PRINCE2 principles underpin the PRINCE2 method domain, which accounts for 8% of the PRINCE2-FOUNDATION-VERSION-7 exam. PeopleCert does not publish an official question count, but from its 60-minute exam (~25–40 total, ~2–3 in this domain), expect 1–2 from this objective — we provide 31 practice questions to prepare you well beyond it. (estimate)

31questions here

7free pages

7concepts

8%of the exam

Questions 21–25

21foundation · easy
In PRINCE2, when should lessons be captured and reviewed?
Select an answer first
22foundation · easy
What is the focus of the 'Focus on Products' principle?
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23expert · hard
A large construction project is in its second management stage. The project manager has discovered that the cost of materials has increased significantly, and the stage is now forecast to exceed its cost tolerance by 12%. The project tolerance for cost is 15%. The project board is meeting next week. What should the project manager do?
Select an answer first
24foundation · easy
What does the 'Tailor to Suit the Project' principle involve?
Select an answer first
25foundation · easy
Which three project interests must be represented in a PRINCE2 project?
Select an answer first

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