Prince2-Foundation Premium Exam Questions

The 'progress' practice in PRINCE2 should be used to monitor and control the performance of the project against its plans and the project's overall direction. This includes predicting whether the benefits will exceed the costs, which is crucial for evaluating the project's ongoing viability and justifying the continuation of the project based on its forecasted value to the organization.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

PRINCE2 is flexible and can be tailored to fit the size, complexity, importance, capability, and risk of the project. This adaptability is a key feature of PRINCE2, ensuring that the methodology can be scaled up or down to suit the specific demands of different projects.References: PRINCE2® 7 Foundation handbook and official documentation on PRINCE2 features.

The principle of 'Ensure continued business justification' in PRINCE2® requires that the project remains justified throughout its lifecycle. By reviewing the benefits management approach to ensure it includes sufficient benefit reviews after the project's closure, the project board is applying this principle to confirm that the project continues to provide value and that its benefits are realized as planned, even post-project.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

Similar to question 411, the answer remains consistent for monitoring the progress of a stage. The combination of Highlight Reports and Checkpoint Reports provides the project manager with both high-level and detailed insights into the stage's progress. Highlight Reports summarize stage status for the Project Board, while Checkpoint Reports offer detailed progress updates from the team level.References: (PRINCE2® 7 Foundation Handbook, AXELOS)