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Question 421 - PRINCE2-7-Foundation discussion

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According to the 'manage by exception' principle, which statement about tolerances is CORRECT?

A.
Whenever authority is delegated to the project manager, the project board should set tolerances for the stage
Answers
A.
Whenever authority is delegated to the project manager, the project board should set tolerances for the stage
B.
Whenever there is a forecast to exceed a tolerance, it should be escalated to the project board
Answers
B.
Whenever there is a forecast to exceed a tolerance, it should be escalated to the project board
C.
Whenever there is a forecast to exceed a tolerance, it should be resolved at the next monthly project board meeting
Answers
C.
Whenever there is a forecast to exceed a tolerance, it should be resolved at the next monthly project board meeting
D.
Whenever authority is delegated to the team manager, the focus should be on delivering within time and cost tolerances
Answers
D.
Whenever authority is delegated to the team manager, the focus should be on delivering within time and cost tolerances
Suggested answer: B

Explanation:

According to the 'manage by exception' principle in PRINCE2, when any forecast indicates that tolerances are likely to be exceeded, this issue must be escalated to the project board for decision-making. This principle supports efficient use of management time by only involving them when necessary, such as when predefined thresholds are anticipated to be breached.

Reference: PRINCE2 7 Foundation handbook and documentation on the 'manage by exception' principle.

asked 23/09/2024
Antonios Petropoulos
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