PRINCE2 Updated Prince2-Foundation Exam Questions and Answers by jana

In PRINCE2®, the term 'project team' encompasses all individuals who are allocated time and responsibilities on the project, covering both the project management team and the wider team members who work on the project's tasks. This terminology includes everyone contributing to the project's delivery.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

In PRINCE2, baselines are used to establish a reference point for the agreed state of products, against which actual progress can be compared and managed. By requesting a report to check for conflicts between the agreed and actual states of products, the project manager is effectively applying the concept of baselines within issue management. This helps in identifying deviations from the agreed deliverables and initiating corrective actions to address these discrepancies.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

In PRINCE2, the project baseline should be updated when a change has been formally approved by the change authority. This is because the baseline represents the agreed standards and plan against which the project's performance is measured. Updating the baseline after the approval of changes ensures that the project documentation accurately reflects the current scope, timescales, and resource allocations, which are essential for tracking progress and managing by exception effectively.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

The 'Digital and Data Management Approach' in PRINCE2® should define how tools and technologies will be utilized to support the information needs of the project team. This approach outlines how digital resources, data handling, and communication tools are to be deployed to enhance the effectiveness of information sharing and project management practices.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation