PRINCE2 PRINCE2-7-Foundation Practice Test - Questions Answers, Page 23

In PRINCE2, the supplier is responsible for providing the resources necessary for delivering the project outputs. This includes supplying the skills, materials, and technologies required to produce the products of the project, ensuring that these resources meet the project's specifications and quality requirements.

Reference: PRINCE2 7 Foundation Handbook and official training 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.

Reference: PRINCE2 7 Foundation Handbook and official training materials.

The Communication Management Approach is the PRINCE2 product that describes the means and frequency of communication to parties both within and outside the project. It specifically addresses how often and by what methods stakeholders will receive information regarding the project, reflecting their information needs as identified in stakeholder analyses.

Reference: PRINCE2 Foundation Manual

One of the minimum requirements when applying the Business Case theme in PRINCE2 is to integrate the Benefits Management Approach with the project's plans. This requirement ensures that there is a clear line of sight between the project's outputs, outcomes, and the expected benefits. It focuses on planning for the realization of benefits from the outset, which is essential for justifying the project throughout its life cycle.

Reference: PRINCE2 Foundation Manual

The minimum requirement for applying the Quality Theme in PRINCE2 is to define the project's approach to quality assurance. This includes establishing how the project will ensure that it meets the relevant quality standards and stakeholder expectations. Quality assurance is an integral part of the overall quality management strategy, which includes quality planning, quality control, and continual improvement practices.

Reference: PRINCE2 Foundation Manual

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.

Reference: = PRINCE2 7 Foundation handbook and online resources

Topic 3, Exam Pool C

The 'learn from experience' principle in PRINCE2 encourages continuous learning and adaptation within the project team. By applying this principle, teams are able to capture and act upon lessons learned throughout the project, thereby identifying and implementing improvements in real-time, which can enhance project outcomes.

Reference: = PRINCE2 7 Foundation handbook and online resources

The primary purpose of the 'Initiating a Project' process in PRINCE2 is to provide a foundation for the project board to make an informed decision about whether it is worthwhile to proceed with the project. This process involves the development of a detailed Project Initiation Documentation that outlines the project's objectives, scope, constraints, and management strategies.

Reference: PRINCE2 7 Foundation Handbook and official training materials.

The objectives of the 'Managing a Stage Boundary' process include providing the project board with information about the performance of the current stage and reviewing and updating the project management team structure and role descriptions if necessary. These objectives are critical to ensuring that the project adapts to any changes and continues to align with its objectives efficiently.

Reference: PRINCE2 7 Foundation Handbook and official training materials.