PRINCE2 Updated Prince2-Foundation Exam Questions and Answers by ffion

The 'Plans' practice in PRINCE2® is essential for setting up the basis for project control. This includes monitoring, reporting, and responding to project progress in comparison to the planned objectives and outcomes. It ensures that the project stays on track in terms of scope, time, cost, quality, risk, and benefits, and provides a clear mechanism to gauge progress against the initial plan.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

The 'defined roles and responsibilities' principle in PRINCE2® is essential because it ensures clarity and efficiency in project management. By clearly defining roles and responsibilities, everyone involved in the project understands their tasks, responsibilities, and reporting relationships. This clarity helps in reducing confusion and improving communication and accountability among project team members.References: PRINCE2® Foundation Manual

The result of the change derived from using the project's product is referred to as the 'outcome'. An outcome is the effect of the change, typically a new capability that the project's outputs enable within the organization. This differs from outputs (which are tangible deliverables of the project) and benefits (which are the measurable improvements resulting from an outcome).References: = PRINCE2® 7 Foundation handbook and online resources

The goal of the 'implement' step within the recommended risk management procedure in PRINCE2® is to prepare specific management responses to the identified risks. This involves developing strategies to enhance opportunities and reduce threats to the project's objectives, ensuring that appropriate responses are ready for implementation.References: = PRINCE2® 7 Foundation handbook and online resources