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Which statement about the Directing a Project process is true?
The Directing a Project process in PRINCE2 provides the Project Board with a mechanism to ensure there is continued business justification for the project throughout its lifecycle. This process is crucial for maintaining the project's alignment with organizational objectives and for making decisions at key points such as stage boundaries. Reference: PRINCE2 Foundation official documentation and study materials.
Which is a minimum requirement for applying the change theme?
A minimum requirement for applying the Change Theme in PRINCE2 is to record every issue that is raised in the issue register. This ensures that all potential and actual deviations from the plan are captured and managed appropriately, maintaining control over changes and supporting effective decision-making. Reference: PRINCE2 7 Foundation Handbook and official training materials.
What is a purpose of the communication management approach?
The purpose of the Communication Management Approach is to define how the project team will engage with and manage communications with stakeholders throughout the project. This includes planning the means and frequency of communication to ensure all stakeholders are appropriately informed and can provide necessary feedback on project progress and issues. Reference: PRINCE2 Foundation Guide, 'Communication Management Approach' section
According to the 'continued business justification' principle, what should happen to the funds when a project can no longer be justified?
According to the 'continued business justification' principle of PRINCE2, if a project can no longer be justified --- meaning it no longer meets its original or updated justification for a viable return on investment --- the funds allocated to it should be returned to corporate, programme management, or the customer. This ensures that resources are not wasted on unjustifiable projects.
= PRINCE2 7 Foundation handbook and online resources
According to the 'manage by exception' principle, which aspect of performance sets limits against the cost of aggregated threats?
The principle of 'manage by exception' in PRINCE2 involves setting limits on delegated authority concerning time, cost, quality, scope, risk, and benefits. Here, the aspect of performance that sets limits against the cost of aggregated threats is 'Cost'. This includes setting tolerances for what can be considered acceptable deviations from the plan before an issue needs to be escalated to a higher authority. Managing by exception helps in efficient use of management time and focuses on deviations that might affect the project's success.
(PRINCE2 7 Foundation Handbook, AXELOS)
