PRINCE2 Certification Prince2-Foundation Release Date

One of the objectives of the Closing a Project process is to produce a Benefits Review Plan. This plan outlines how the benefits of the project will be measured and reviewed after the project has been closed. It is crucial for ensuring that the benefits expected from the project are tracked and assessed in the post-project phase. References: PRINCE2® Foundation official study guide and materials.

An objective of the Managing Product Delivery process is to ensure that work on products is authorized and agreed with the team. This process involves the Project Manager providing Work Packages to the Team Managers, who then complete the work agreed upon within the defined tolerances. References: PRINCE2® Foundation official documentation and study materials.

The Progress theme in PRINCE2 provides all management levels within the project management team with mechanisms for monitoring and control. It involves tracking the ongoing viability of the plans and the project’s objectives, and it includes mechanisms for reporting, reviewing, and ensuring that decisions on continued investment are based on accurate information. References: PRINCE2 Foundation manual, PRINCE2 official resources

A Project Manager agrees on the Work Package cost tolerances with a Team Manager. This agreement defines the acceptable cost variance within which the Team Manager can operate without needing further approval. References: PRINCE2® Foundation official study materials.