PRINCE2 PRINCE2-7-Foundation Practice Test - Questions Answers, Page 16

A Project Brief is produced to provide a full and firm foundation for the initiation of a project. This document outlines the project's objectives, scope, constraints, expected benefits, and structure of the project management team. It serves as the basis for the next process, Initiating a Project, where more detailed planning and definition of the project take place.

Reference: PRINCE2 7 Foundation handbook and official documents.

The purpose of the Starting up a Project process is to provide information so a decision can be made as to whether a project is viable and worthwhile to initiate. This process ensures that the necessary preliminary steps are taken to define the project at a high level and to check that it is sensible to proceed before committing significant resources to the initiation of the project.

Reference: PRINCE2 7 Foundation resources and study materials.

The tailoring approach for a project is defined and approved by the project board. This includes adapting PRINCE2 to suit the project's environment, size, complexity, importance, capability, and risk. Tailoring is crucial to ensuring that the project management method is applied in a way that fits the specific characteristics of the project and its context.

Reference: PRINCE2 7 Foundation handbook and documents.

The purpose of the Change theme in PRINCE2 is to identify, assess, and control any potential and approved changes to baselined products. This theme provides the mechanisms to manage and control changes, which may affect the project's agreed-upon scope, products, timescales, or costs. It ensures that all changes are assessed for their impact and only implemented with appropriate approvals.

Reference: PRINCE2 7 Foundation resources and materials.

When proposed changes exceed the agreed change budget, the change authority must refer the decision back to the Project Board. This is because changes that exceed the budget may impact the overall project constraints and require higher-level approval to proceed.

Reference: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.

A project brief is produced to provide a full and firm foundation for the initiation of a project. It outlines the project objectives, scope, constraints, and the project management team structure, setting the stage for detailed planning and initiation activities.

Reference: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.

A key decision made during the 'directing a project' process is to confirm that the benefits management approach addresses all expected benefits. This ensures that the project is aligned with its intended outcomes and that all potential benefits are adequately planned for and tracked.

Reference: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.

As part of the 'controlling a stage' process, the actions taken include authorizing work to be done (2) and taking corrective action (3) as necessary to manage the stage effectively and keep the project on track.

Reference: PRINCE2 Foundation Training Manual; PRINCE2 2017 Foundation handbook.

PRINCE2 can be applied to any type of project because it separates the management of the project from the specialist work needed to deliver the products. This separation allows PRINCE2 to be flexible and adaptable to different industries and project types, as it focuses on the universal aspects of project management rather than specifics of the work content.

Reference: PRINCE2 7 Foundation handbook and official documents.