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Question 290 - PRINCE2-7-Foundation discussion

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What is documented in the project plan to support the 'manage by exception' principle?

A.
The project's tolerances for cost and time
Answers
A.
The project's tolerances for cost and time
B.
A project product's quality criteria
Answers
B.
A project product's quality criteria
C.
The expected project benefits
Answers
C.
The expected project benefits
D.
Activities to mitigate project risks
Answers
D.
Activities to mitigate project risks
Suggested answer: A

Explanation:

In support of the 'manage by exception' principle, the Project Plan in PRINCE2 documents the project's tolerances for key variables such as cost, time, quality, scope, risk, and benefit. These tolerances define the limits within which the Project Manager can operate without needing to escalate decisions to the Project Board, facilitating efficient decision-making and control at each level of project management.

Reference: PRINCE2 Foundation Manual

asked 23/09/2024
Craig Reid
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