Exin PRINCE2 Foundation Set 5

There must be a justifiable reason for starting a project ✘ The business justification drives decision making ✘ If a project is no longer forecast to deliver a financial benefit, it should be stopped. ✘ If a project can no longer be justified, it should be stopped ✔

Produces benefits ✘ Introduces business change ✘ Manages stakeholders ✘ Incurs cost ✔

Change ✘ Cross-functional ✘ Unique ✘ Risk ✔

Manage by stages ✘ Manage by exception ✘ Continued business justification ✘ Learn from experience ✔

Senior Supplier ✘ Team Manager ✘ Change Authority ✘ Project Support ✔

project cost tolerance ✘ stage cost tolerance ✘ Work Package cost tolerance ✘ product cost tolerance ✔

Time-driven controls are used for monitoring the progress of Work Packages and management stages ✘ Time-driven controls take place when specific events happen ✘ Time-driven controls are produced at the end of a stage ✘ An Exception Report is a time-driven control ✔

Start up stage, initiation stage and at least one other management stage to cover the remainder of the project ✘ Start up stage, at least one other management stage to cover the remainder of the project and a closing stage ✘ Initiation stage and at least one other management stage to cover the remainder of the project ✘ Start up stage, initiation stage and a closing stage ✔

Configuration Item Record ✘ Quality Register ✘ Highlight Report ✘ Checkpoint Report ✔

Only corporate or programme management ✘ Only the Project Board ✘ Only the Project Manager ✘ All levels of management ✔