PRINCE2 PRINCE2-7-Foundation Practice Test - Questions Answers, Page 26

PRINCE2 requires that the business case be formally verified by the project board at stage boundaries. This verification is essential to ensure that the project remains viable and desirable from a business perspective. The project board's review of the business case at these critical points helps in deciding whether the project should continue into its next stage.

Reference: PRINCE2 Foundation Manual

The process that provides information on a team's work to the project manager in PRINCE2 is 'Managing Product Delivery'. This process involves the management of the link between the project manager and the team members, through which the team manager reports the progress of work packages to the project manager, ensuring that work is being completed as planned and that any issues are communicated.

Reference: PRINCE2 Foundation Manual

According to the 'defined roles and responsibilities' principle in PRINCE2, three categories of stakeholder interest need to be represented in the project management team: business (represented by the Executive), user (represented by the Senior User), and supplier (represented by the Senior Supplier). This ensures that the key perspectives on the project's outputs, outcomes, and processes are fully integrated into decision-making and governance structures.

Reference: PRINCE2 Foundation ManualAccording to the 'defined roles and responsibilities' principle in PRINCE2, three categories of stakeholder interest need to be represented in the project management team: business (represented by the Executive), user (represented by the Senior User), and supplier (represented by the Senior Supplier). This ensures that the key perspectives on the project's outputs, outcomes, and processes are fully integrated into decision-making and governance structures. Reference: PRINCE2 Foundation Manual

The purpose of a Quality Register in PRINCE2 is to provide a detailed record of all quality activities that are planned and carried out over the course of the project. It includes information such as who will perform the quality check, what standards must be met, and the status and outcome of these quality activities. This ensures that each product meets its defined quality criteria before being deemed complete.

Reference: = PRINCE2 7 Foundation handbook and online resources

An objective of the 'Directing a Project' process in PRINCE2 is to provide an interface between the project management and the wider corporate, programme management, or customer environment. This process ensures that the project remains aligned with the organization's objectives and governance frameworks, and that corporate or programme management can provide oversight and support as needed.

Reference: = PRINCE2 7 Foundation handbook and online resources

A minimum requirement for applying the quality theme in PRINCE2 is to define quality criteria within product descriptions. This includes specifying what the product must do, the standards it must meet, and how quality will be evaluated, ensuring that all project products deliver against the agreed-upon requirements and standards.

Reference: = PRINCE2 7 Foundation handbook and online resources

The length of management stages in a PRINCE2 project can be influenced by the availability of the project board to review and approve key decisions at stage boundaries. This ensures that stages are planned around when decision-makers can participate and provide necessary guidance or approvals.

Reference: = PRINCE2 7 Foundation handbook and online resources

A risk budget should be used to implement contingency plans (2) and actions to avoid a risk from occurring (3). This budget is set aside to fund specific actions that are part of the project's risk management strategy, enabling proactive and reactive responses to identified risks, ensuring the project remains on track despite uncertainties.

Reference: = PRINCE2 7 Foundation handbook and online resources

According to the 'defined roles and responsibilities' principle in PRINCE2, the project management team must represent the business, user, and supplier interests. This ensures that all critical viewpoints are considered in decision-making processes, aligning the project outcomes closely with organizational needs and stakeholder expectations.

Reference: PRINCE2 Foundation Handbook, Defined Roles and Responsibilities section.