BCS PRINCE2 Foundation Set 2

Improve the project management method for future projects ✘ Detail open issues and risks that need to be managed after the project has closed ✘ Compare the actual performance of the final stage against its plan ✘ Provide a summary of the benefits realized during the project ✔

The area of uncertainty in terms of the threat or opportunity ✘ The derivation or sources of a potential risk to the project ✘ The achievement of a milestone on the Project Plan ✘ The sequence of events and actions that will be put in place if a risk occurs ✔

Project Brief ✘ Product Description ✘ Team Plan ✘ Work Package ✔

Issue Register ✘ Product Status Account ✘ Product Description ✘ Configuration Item Record ✔

Quality Management Strategy ✘ Quality Register ✘ Product Description ✘ Project Product Description ✔

Show the reason for the tolerance deviation from a Stage Plan or Project Plan ✘ Reduce the number of exception assessments, by agreeing a budget to cover the costs of any requestsfor change ✘ Identify the actions required to recover from the effect of a tolerance deviation ✘ Define the changes which are within the scope of the change budget ✔

Technical stages can overlap but management stages CANNOT ✘ Management stages are the responsibility of the Project Manager, technical stages are NOT ✘ Technical stages create products, management stages do NOT ✘ Management stages require quality control, technical stages do NOT ✔

Corporate or programme management ✘ Executive ✘ Senior User(s) ✘ Project Manager ✔

Approve all Product Descriptions prior to project initiation ✘ Obtain approval from corporate or programme management for the Communication ManagementStrategy ✘ Prevent projects with unrealistic delivery dates from being initiated ✘ Confirm that there is a valid method in place to measure the expected project benefits ✔

Capture risks that may occur during the project ✘ Record how risk management activities will be undertaken on the project ✘ Record the risk tolerance for the project ✘ Capture issues which are impacting on the delivery of the project objectives ✔