PRINCE2 PRINCE2-7-Foundation Practice Test - Questions Answers, Page 9

The Organization theme does not include defining the level of tolerance for each level of the project management team. Tolerance levels are typically set within the Plans theme, which deals with how the project is structured in terms of stages and the delegation of authority within those tolerances. The Organization theme primarily focuses on defining roles and responsibilities.

Reference: PRINCE2 Foundation official study guide and materials.

PRINCE2 identifies three primary categories of stakeholders: 1) those who will specify the desired outputs (customers/users), 2) those who will manage the project on a day-to-day basis (suppliers), and 3) those who use the project's outputs. Those with a financial interest in the project are not explicitly categorized as one of the primary stakeholder types in PRINCE2.

Reference: PRINCE2 Foundation official study guide and materials.

Before initiating a project, the Executive in PRINCE2 needs to ensure there is a clear understanding of how the project will contribute to the corporate objectives. This alignment is crucial for justifying the project's existence and ensuring it has a clear business purpose and expected benefits that support the organization's strategic goals.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources

The Senior User within the PRINCE2 project management team represents the interests of those who will use the project's products and benefit from their operation after the project is complete. This role is responsible for specifying the needs of users, ensuring the solution meets these needs, and is capable of delivering the anticipated benefits.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources

The Communication Management Strategy is used in PRINCE2 to maintain a record of stakeholders who have an interest in the project and their information requirements. This document outlines how and when stakeholders will be kept informed about the project's progress and any issues that may arise.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources

A member of the Project Board is responsible for quality assurance in PRINCE2. Quality assurance is concerned with ensuring that the project's products meet the quality requirements set out in the project and that the project adheres to the appropriate corporate, programme management, or customer quality standards.

Reference: PRINCE2 Foundation manual, PRINCE2 official resources

The Project Board within the PRINCE2 framework is made up of three key roles: the Executive, the Senior User, and the Senior Supplier. These roles represent the business, user, and supplier interests respectively, ensuring that the project's decision-making is balanced across these three perspectives.

Reference: PRINCE2 Foundation official documentation and study materials.

Both statements about stakeholders are true in the context of PRINCE2. A stakeholder in a project includes anyone who thinks they will be affected by the project, which can include both supporters and those who may oppose the project. Additionally, stakeholders can be both internal and external to the organization that is undertaking the project.

Reference: PRINCE2 Foundation official documentation and study materials.

Among the six aspects of project performance that need to be managed according to PRINCE2, 'Progress' is a key component. The other aspects include costs, timescales, quality, scope, risk, and benefits. Managing progress involves monitoring and controlling how far along the project is in achieving its objectives and delivering its products.

Reference: PRINCE2 Foundation official documentation and study materials.