Prince2-Foundation Exam Dumps - PRINCE2 Certification Questions and Answers

Before initiating a project, the Executive in PRINCE2 needs to ensure there is a clear understanding of how the project will contribute to the corporate objectives. This alignment is crucial for justifying the project's existence and ensuring it has a clear business purpose and expected benefits that support the organization's strategic goals. References: PRINCE2 Foundation manual, PRINCE2 official resources

When a product cannot meet all the requirements specified in its baselined Product Description, the first action to take is to raise an off-specification. An off-specification is used in PRINCE2 to formally identify any forecasted deviation from the agreed product requirements or quality expectations. References: PRINCE2 Foundation manual, PRINCE2 official resources

During the Initiating a Project process in PRINCE2, the Project Plan provides the Business Case with necessary details, including cost estimates. This plan outlines the overall scope and timing of the project and sets the baseline for project management activities, including cost control. References: PRINCE2 Foundation manual, PRINCE2 official resources

The guiding obligations and good practices which determine whether a project is genuinely being managed using PRINCE2 form the 'Principles' of the method. PRINCE2 is founded on seven principles that must be present in the project management approach to consider the project being managed using PRINCE2. References: PRINCE2 Foundation manual, PRINCE2 official resources

In PRINCE2®, the Team Manager is responsible for creating Checkpoint Reports. These reports provide the Project Manager with a summary of the progress within a Work Package, detailing performance against plan, and highlighting any issues that might affect the work. References: PRINCE2® Foundation official study materials.

The principle of continued business justification in PRINCE2 means that a project must remain justified throughout its life cycle. The key factor is the project's ongoing justification, not solely its ability to deliver financial benefits. Projects may continue for reasons other than financial gain, such as strategic importance, compliance, or public safety. Therefore, stopping a project based only on financial criteria does not reflect this principle accurately. References: PRINCE2 Foundation manual, PRINCE2 official resources

The purpose of the Directing a Project process in PRINCE2 is to enable the Project Board to exercise overall control over the project while delegating day-to-day management of the project stages to the Project Manager. This ensures that the Project Board can make key decisions and remain accountable for the project's success while not being involved in the lower-level, day-to-day activities. References: PRINCE2 Foundation manual, PRINCE2 official resources

In PRINCE2, a project is defined as a temporary organization that is set up to deliver one or more business products according to an agreed Business Case. The temporary nature of projects highlights their finite and unique aspects, distinguishing them from regular, ongoing operations. References: PRINCE2 Foundation manual, PRINCE2 official resources

Effective issue and change control within a PRINCE2® project relies heavily on a configuration management system. This system tracks all items of the project, including their versions and changes, allowing for controlled changes and ensuring that all items are identified, accounted for, and monitored throughout the project. References: PRINCE2® Foundation official study guide and online resources.

The process that aims to ensure accurate progress information is provided to the Project Manager is Managing Product Delivery. This process is essential for maintaining accurate communication about the status of the work being done, enabling the Project Manager to effectively monitor and control project progress. References: PRINCE2® Foundation official documentation and study materials.

These responses are crafted based on the latest PRINCE2® Foundation guidelines and documentation, ensuring accuracy and compliance with the standards set by the PRINCE2® methodology.