Last Attempt Prince2-Foundation Questions

According to the ‘defined roles and responsibilities’ principle in PRINCE2®, three categories of stakeholder interest need to be represented in the project management team: business (represented by the Executive), user (represented by the Senior User), and supplier (represented by the Senior Supplier). This ensures that the key perspectives on the project’s outputs, outcomes, and processes are fully integrated into decision-making and governance structures.References: PRINCE2® Foundation ManualAccording to the ‘defined roles and responsibilities’ principle in PRINCE2®, three categories of stakeholder interest need to be represented in the project management team: business (represented by the Executive), user (represented by the Senior User), and supplier (represented by the Senior Supplier). This ensures that the key perspectives on the project’s outputs, outcomes, and processes are fully integrated into decision-making and governance structures.References: PRINCE2® Foundation Manual

he PRINCE2® principle of "Focus on products" helps to ensure that all changes to the outputs are agreed upon. This principle emphasizes defining and delivering products that meet specific requirements, ensuring that changes are controlled and agreed upon through the proper product descriptions and project management processes. It helps manage scope and quality by focusing on product delivery requirements.References: PRINCE2® Foundation Manual

According to the 'manage by exception' principle in PRINCE2, when any forecast indicates that tolerances are likely to be exceeded, this issue must be escalated to the project board for decision-making. This principle supports efficient use of management time by only involving them when necessary, such as when predefined thresholds are anticipated to be breached.References: PRINCE2® 7 Foundation handbook and documentation on the 'manage by exception' principle.

When reviewing the progress to assess the 'health' of a stage, the project manager should focus on how issues are being managed. Identifying whether issues are resolved timely or remain unmanaged is crucial for maintaining the health of the project stage and ensuring that risks do not escalate and affect the project's success.References: PRINCE2® 7 Foundation handbook on stage management and issue resolution.