PRINCE2 Prince2-Foundation - PRINCE2 7 Foundation written Exam

The objectives of the 'closing a project' process in PRINCE2 include reviewing whether the project was delivered within time and cost tolerances (2) and confirming whether operational staff are happy to take ownership of the products (3). These objectives ensure the project has met its management expectations and that the product transition to operations is smooth and accepted by relevant stakeholders.References: PRINCE2® 7 Foundation guide on the 'closing a project' process.

Similar to question 397, the correct answer for considering the organization's environment in the risk management technique is during the 'Identify' step. This initial phase of risk management involves recognizing and recording risks after considering various environmental factors that can influence the project.References: PRINCE2® 7 Foundation guide on risk management.

A Work Breakdown Structure (WBS) is most useful when managing projects with multiple work packages that involve a combination of internal and external resources. The WBS helps in organizing and defining the total scope of the project by breaking down the project deliverables into smaller, more manageable components, facilitating better planning, allocation, and control of resources.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

Uncertainty in a project is identified, assessed, and controlled by applying the risk practice. This practice involves systematic risk identification, analysis, and management, ensuring that risks are properly understood and addressed through appropriate responses to protect the project objectives. References: PRINCE2® Foundation official guide and risk management section.

To understand how user assurance will support the senior user on the project, the senior user should review the 'Role Descriptions' management product. This document outlines the responsibilities and interfaces for all project roles, including how user assurance supports the senior user by ensuring that the project's products meet the needs and requirements of the users.References: PRINCE2® 7 Foundation documentation on management products, particularly Role Descriptions.

The project manager should record the impact assessment for a specific business opportunity in an 'Issue Report'. This management product is used to detail particular issues that might affect the project, including opportunities (which are treated like positive risks), and provides a basis for decision-making regarding these issues.References: PRINCE2® 7 Foundation materials on issue management and related documentation.

When the senior user ensures that the outputs will be effectively used to achieve the outcomes and realize the benefits, they are applying the element of "Planning benefit reviews during the project" within effective business case management. This involves scheduling and conducting reviews to assess how the project's outputs are being used and whether the expected benefits are being realized, ensuring alignment with the project's business case.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

Change management' is defined as the means by which an organization transitions to a desired future state. It involves the processes and techniques used to manage the people side of change to achieve the required business outcome, ensuring that changes are implemented smoothly and effectively.References: PRINCE2® 7 Foundation materials on project management terms and definitions.

hen the project board reviews the Project Initiation Documentation (PID), it is essential to ensure that the PID is aligned with the business objectives. The PID should encapsulate the project's definition, including the reasons for undertaking the project, the benefits expected, and how it aligns with the broader business goals. Ensuring this alignment helps validate that the project remains viable and worthwhile as it progresses.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

This statement is correct as it highlights the individual differences among team members who may have similar skills and experiences but approach tasks differently. This variability can influence the way tasks are executed within a project, impacting team dynamics, project management approaches, and ultimately the project's success. Recognizing and managing these differences are crucial for effective team collaboration and project delivery.References: (PRINCE2® 7 Foundation Handbook, AXELOS)