PRINCE2 PRINCE2-7-Foundation Practice Test - Questions Answers, Page 35

An objective of the 'Directing a Project' process in PRINCE2 is to give authority to deliver the project product. This process is where the project board makes key decisions and exercises overall control while delegating day-to-day management of the project stages to the project manager.

Reference: PRINCE2 Foundation Manual

During the 'Initiating a Project' process in PRINCE2, a detailed plan for the work needed for project initiation is established. This includes developing the various management strategies and the project initiation documentation (PID) that will guide the project's execution and control phases.

Reference: PRINCE2 Foundation Manual

An objective of the 'Controlling a Stage' process in PRINCE2 is to replan the current stage when directed. This process handles day-to-day management of the project, and includes responding to issues that might impact the stage plan, requiring replanning to ensure project objectives can still be met.

Reference: PRINCE2 Foundation Manual

PRINCE2 is flexible and can be tailored to fit the size, complexity, importance, capability, and risk of the project. This adaptability is a key feature of PRINCE2, ensuring that the methodology can be scaled up or down to suit the specific demands of different projects.

Reference: PRINCE2 7 Foundation handbook and official documentation on PRINCE2 features.

Similar to question 397, the correct answer for considering the organization's environment in the risk management technique is during the 'Identify' step. This initial phase of risk management involves recognizing and recording risks after considering various environmental factors that can influence the project.

Reference: PRINCE2 7 Foundation guide on risk management.

Product-based planning in PRINCE2 focuses on defining and understanding the project's outputs or products. This method helps in determining the project's approach by clarifying what products must be delivered, thus guiding the planning of activities and resources needed to create these products. It ensures that the project's structure and execution strategy are aligned with delivering tangible, well-defined outcomes.

Reference: PRINCE2 7 Foundation resources on product-based planning.

In PRINCE2, a Team Plan is a type of plan that might only be produced for very large or complex projects. It is typically more detailed and is specifically designed to manage a segment of the project within a certain team or group. This plan provides detailed guidance on the delivery of the products assigned to the team within the constraints set by the Stage Plan.

Reference: (PRINCE2 7 Foundation Handbook, AXELOS)

In PRINCE2, issue management and change control are closely related, where issue management is considered a subset of change control. Change control is a broader process that encompasses all aspects of managing changes within the project, including issues that might impact the project's scope, timescales, costs, or quality. Issue management specifically deals with resolving issues that can affect the progress of the project.

Reference: (PRINCE2 7 Foundation Handbook, AXELOS)

In PRINCE2, baselines are used to establish a reference point for the agreed state of products, against which actual progress can be compared and managed. By requesting a report to check for conflicts between the agreed and actual states of products, the project manager is effectively applying the concept of baselines within issue management. This helps in identifying deviations from the agreed deliverables and initiating corrective actions to address these discrepancies.

Reference: (PRINCE2 7 Foundation Handbook, AXELOS)