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

The authorization to deliver the project's products is given during the Directing a Project process. This process involves the Project Board's decision-making responsibilities, including granting permission to proceed with the project after the initiation phase and authorizing the delivery of stages as the project progresses.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources

The Project Board acts as the primary communication channel between a project and corporate or programme management. This role involves ensuring that the project aligns with corporate objectives, communicating the needs and constraints of the project to higher management, and securing necessary resources and support.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources

The Directing a Project process in PRINCE2 provides the Project Board with a mechanism to ensure there is continued business justification for the project throughout its lifecycle. This process is crucial for maintaining the project's alignment with organizational objectives and for making decisions at key points such as stage boundaries.

Reference: PRINCE2 Foundation official documentation and study materials.

Both statements about the Project Initiation Documentation (PID) are correct. The PID is essential for establishing a solid foundation for the project, ensuring that all stakeholders agree on the project's objectives and how it will be managed before the Project Board authorizes it. Additionally, the PID should be updated at the end of each stage to reflect the current status of the project, ensuring that it continues to meet the project's requirements and objectives.

Reference: PRINCE2 Foundation official documentation and study materials.

One of the key objectives of the Initiating a Project process is to tailor the organization's project management method to suit the specific requirements of the project. This involves adapting processes, controls, roles, responsibilities, and techniques to ensure they are appropriate for the project's context.

Reference: PRINCE2 Foundation official documentation and study materials.

This statement is not true as the purpose of the Initiating a Project process. The correct purpose of this process is to ensure that there are solid foundations for the project, usually after the project has already been decided as worthwhile and approved for initiation. The decision to initiate a project is typically made before the Initiating a Project process.

Reference: PRINCE2 Foundation official documentation and study materials.

During the Initiating a Project process in PRINCE2, the Project Plan provides the Business Case with necessary details, including cost estimates. This plan outlines the overall scope and timing of the project and sets the baseline for project management activities, including cost control.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources

The Project Initiation Documentation (PID) is the base product against which the Project Board can assess progress, issues, and ongoing viability questions in PRINCE2. The PID includes key documents such as the Business Case, the Project Plan, and risk management information, providing a comprehensive reference for governance decisions throughout the project.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources

The Initiating a Project process is used in PRINCE2 to ensure that there is a thorough understanding of how the project's objectives will be achieved, which includes a definition of the project's scope, benefits, risks, and approach before significant resources are committed. This process helps in establishing a clear and shared understanding of the project's basis before moving forward.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources