What is an advantage of applying the 'manage by stages' principle?
One advantage of applying the 'manage by stages' principle in PRINCE2 is that the project is broken down into manageable stages, providing decision points (stage boundaries). This helps in maintaining control by providing opportunities to review and, if necessary, adjust the project's direction and ensure it does not run on in an uncontrolled manner. Reference: PRINCE2 Foundation Manual
Which is a true statement about PRINCE2 event-driven controls?
PRINCE2 defines event-driven controls as those that are triggered by the occurrence of certain events within the project lifecycle, such as the completion of a product or phase. These controls are essential for decision-making because they provide necessary information at key points, allowing project managers and the Project Board to make informed decisions about the future of the project. Reference: PRINCE2 Foundation manual, PRINCE2 official resources
Which is a recommended quality review team role?
In PRINCE2 quality review meetings, the recommended roles include a Chair, Presenter, Reviewer, and an Administrator. The Administrator is crucial as they organize the logistics of the review meeting, ensure that the necessary materials are provided to the participants in advance, and take on the responsibility of recording results and follow-up actions. Project Manager, Assurance, and Project Support do not specifically align with the roles within a quality review team. Reference: PRINCE2 7 Foundation resources and study materials.
Which are characteristics of stakeholders?
1. They are often affected by the project
2. They agree with every project objective
3. They are only/always external to the corporate organization
4. They typically interact with the project
Stakeholders in PRINCE2 are typically characterized by being affected by the project (either through impact or interest) and frequently interacting with the project, contributing inputs or being consulted for various aspects. This recognizes stakeholders as both internal and external to the organization, and not all stakeholders necessarily agree with every project objective. Reference: PRINCE2 Foundation Handbook, Stakeholder section.
Which activity takes place within the Managing a Stage Boundary process?
Within the Managing a Stage Boundary process, one of the key activities is to produce an Exception Plan. This occurs when the current stage plan cannot be completed within the agreed tolerances. An Exception Plan is needed to replace the Stage Plan for the current stage and requires approval from the Project Board before it can be executed. Reference: PRINCE2 7 Foundation resources and study materials.
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