Prince2-Foundation Exam Dumps - PRINCE2 7 Foundation written Exam

According to the PRINCE2® risk management approach, a minimum requirement for applying the risk theme is to assess whether a risk may alter the project's business justification. This assessment ensures that risks are identified, analyzed, and managed in relation to their potential impact on the project's ability to deliver its intended benefits and justify the investment.References: = PRINCE2® 7 Foundation handbook and online resources

A PRINCE2 project must demonstrate the application of its seven principles throughout the project's lifecycle. These principles are universal, self-validating, and empowering, ensuring that the project management approach is effective and applicable under various project circumstances. References: PRINCE2® Foundation Handbook, Principles section.

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Part of quality control within PRINCE2 involves undertaking quality reviews. These reviews are essential for ensuring that the project's outputs meet the required quality standards and are fit for purpose, aligning with the defined quality criteria set out in the product descriptions. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

The project mandate should provide the terms of reference for the project. These define the purpose and objectives of the project, setting the foundation for further project definition and planning in subsequent processes. References: PRINCE2® Foundation Training Manual; PRINCE2® 2017 Foundation handbook.

When defining the number of management stages in a PRINCE2® project, it is essential to consider when key decisions need to be made by the project board. Stages are often structured around the need for key decision points, enabling the project board to review progress and make informed decisions about whether and how the project should continue. References: PRINCE2® Foundation Handbook, Tailoring PRINCE2 - Stages section.

The Project Manager role in PRINCE2 is primarily responsible for ensuring that the project produces the required products, to the defined standards of quality and within the specified constraints of time and cost. This central responsibility involves coordinating all project activities and resources to achieve the project objectives.References: PRINCE2® 7 Foundation resources and materials.

According to PRINCE2, the business justification, or the continued viability of the project, must be reviewed continually throughout each stage of the project. This ensures that the project remains aligned with business needs and objectives and that it is still worth pursuing in light of any developments or changes that may occur. References: PRINCE2® 7 Foundation Handbook and official training materials.

The advantages of having a clear end to a project include ensuring that no further costs are incurred by the project (1) and that project products are transferred to operations and support for ongoing use (2). The achievement of all benefits at project closure (3) is not guaranteed and typically occurs post-project, and the project brief is not re-baselined at project end (4). References: PRINCE2® Foundation Handbook, Closing a Project section.