PRINCE2 PRINCE2-7-Foundation Practice Test - Questions Answers, Page 30

The purpose of the 'Directing a Project' process in PRINCE2 is to enable the project board to be accountable for the project's success by making key decisions and exercising overall control while delegating the day-to-day management of the project to the project manager. This includes the authority to initiate and close the project, deliver stage boundaries, and be updated on project progress.

Reference: = PRINCE2 7 Foundation handbook and online resources

In PRINCE2, stakeholders of a project are defined as all individuals or groups that are either involved in, affected by, or can affect the project's outcomes. This broad definition ensures that the project management considers all relevant perspectives and interests, which can impact the project's success.

Reference: = PRINCE2 7 Foundation handbook and online resources

The result of the change derived from using the project's product is referred to as the 'outcome'. An outcome is the effect of the change, typically a new capability that the project's outputs enable within the organization. This differs from outputs (which are tangible deliverables of the project) and benefits (which are the measurable improvements resulting from an outcome).

Reference: = PRINCE2 7 Foundation handbook and online resources

According to the 'continued business justification' principle of PRINCE2, if a project can no longer be justified --- meaning it no longer meets its original or updated justification for a viable return on investment --- the funds allocated to it should be returned to corporate, programme management, or the customer. This ensures that resources are not wasted on unjustifiable projects.

Reference: = PRINCE2 7 Foundation handbook and online resources

While team managers in PRINCE2 are primarily responsible for the production of the work packages assigned to them, they may also provide valuable advice on tailoring the methodology to better manage these work packages within the specific context of the project. Their practical experience and direct involvement with project delivery can offer insights into how PRINCE2 can be adapted to enhance efficiency and effectiveness at the team level.

Reference: PRINCE2 Foundation Manual

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In the 'Managing Product Delivery' process of PRINCE2, the team manager's perspective is considered by ensuring that work packages provided by the Project Manager are agreed upon by the Team Manager. This agreement includes understanding the requirements, scope, and criteria of the work packages, thus ensuring that the team manager is fully informed and agrees with what needs to be delivered.

Reference: PRINCE2 Foundation Manual

To meet the minimum requirements when applying the change theme in PRINCE2, it is necessary to maintain records of the decisions made on all issues. This includes documenting how each issue was addressed and any subsequent changes made to project plans or products. This record-keeping is crucial for traceability, accountability, and ensuring that decisions are aligned with project objectives and governance.

Reference: PRINCE2 Foundation Manual

The Benefits Management Approach in PRINCE2 is designed to outline how and when the improvements (benefits) delivered by the project will be measured and to define the reason for delivering these improvements. This approach ensures that there is a clear understanding of the project's intended outcomes and how these will contribute to the organization's objectives, thereby justifying the project's existence and ongoing investment.

Reference: PRINCE2 Foundation Manual

The purpose of the quality theme in PRINCE2 is to define and implement the means by which the project will ensure that all products are fit for purpose and meet their requirements. This theme is essential for planning, designing, developing, and delivering products that satisfy the customer's expectations and standards defined for the project.

Reference: = PRINCE2 7 Foundation handbook and online resources