Who represents the three project interests on a project?
The project board in PRINCE2 represents the three project interests, which are business (value for money), user (those who will use the project's outputs), and supplier (those who provide the resources and skills). The project board is responsible for overseeing the project, ensuring that it delivers value and meets the requirements set out by these three interest groups. Reference: PRINCE2 Foundation Handbook, Project Board section.
How is Uncertainty Identified, assessed and controlled?
Uncertainty in a project is identified, assessed, and controlled by applying the risk practice. This practice involves systematic risk identification, analysis, and management, ensuring that risks are properly understood and addressed through appropriate responses to protect the project objectives. Reference: PRINCE2 Foundation official guide and risk management section.
Which role represents the stakeholders who will operate the project's products after the project is complete?
In PRINCE2, the Senior User role represents the interests of those who will use the project's products, those for whom the products will enable benefits after the project is complete, and any others who might be affected by the project outputs. This role is essential in ensuring that the project delivers products that meet the users' needs and achieve the desired benefits for the organization. Reference: PRINCE2 7 Foundation Handbook and official training materials.
From whom does a Team Manager obtain approval for a completed product?
In the PRINCE2 methodology, the Team Manager obtains approval for a completed product from the Project Manager. The Project Manager is responsible for ensuring that the products delivered by the Team Managers meet the project's standards and requirements before accepting them. Reference: PRINCE2 Foundation official documentation and study materials.
According to the 'continued business justification' principle, when is a justifiable reason for a project FIRST needed?
According to the 'continued business justification' principle in PRINCE2, a justifiable reason for a project is required before any work to start the project begins. This ensures that projects are initiated only when there is a clear business need, aligned with organizational objectives, and there is an expectation of value creation. The business case is developed during the initial stages of the project and is maintained and reviewed throughout the project lifecycle.
PRINCE2 Foundation Manual
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