Prince2-Foundation Exam Dumps - PRINCE2 7 Foundation written Exam

The Progress theme in PRINCE2 provides all management levels within the project management team with mechanisms for monitoring and control. It involves tracking the ongoing viability of the plans and the project’s objectives, and it includes mechanisms for reporting, reviewing, and ensuring that decisions on continued investment are based on accurate information. References: PRINCE2 Foundation manual, PRINCE2 official resources

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 Controlling a Stage process in PRINCE2 is to monitor and control a stage by managing work progress, assessing issues and risks, and ensuring that deviations from the plan are identified and managed within tolerance. It includes taking corrective actions when necessary to keep the project on track. References: PRINCE2 Foundation manual, PRINCE2 official 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.

The product-based planning technique described in PRINCE2 involves four tasks: writing the Project Product Description, creating the product breakdown structure, writing product descriptions, and creating the product flow diagram. These tasks collectively help in planning the project by focusing on the products that will be delivered. References: PRINCE2 Foundation manual, PRINCE2 official resources

The Work Package is the product that defines the reporting requirements between the Project Manager and the Team Manager. It describes the work, specifies the product's description, and sets out the reporting requirements among other information, ensuring that both managers have clear guidelines on communications regarding the package’s delivery. References: PRINCE2® Foundation official documentation and study materials.

The Project Product Description is a key document in the PRINCE2 methodology that outlines the purpose, composition, derivation, and acceptance criteria of the project’s main deliverable. It is crucial for defining what the project needs to deliver to be considered successful and to receive formal acceptance. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

In a commercial environment, it is common for each party involved in a project—namely the customer and suppliers—to have their own business case. This reflects their individual motives, expected benefits, and investment rationale for undertaking the project. Each party’s business case addresses their specific strategic, commercial, and operational needs.References: = PRINCE2® 7 Foundation handbook and online resources