Understanding Prince 2 Project Management

What does PRINCE2 stand for in project management?

• Projects in Controlled Environments

• Projects in Controlled Execution

• Projects in Controlled Evaluation

• Projects in Controlled Engagement

Which of the following is NOT one of the seven PRINCE2 principles?

• Continued Business Justification

• Manage by Stages

• Focus on Products

• Prioritise Stakeholders

In PRINCE2, what is the purpose of the 'Business Case' theme?

• To define the project's objectives

• To justify the project's existence

• To manage project risks

• To allocate project resources

Which role in a PRINCE2 project is responsible for ensuring that the project delivers the desired outcomes?

• Project Manager

• Executive

• Team Manager

• Project Support

What is the main focus of the 'Quality' theme in PRINCE2?

• Ensuring the project is completed on time

• Ensuring the project meets stakeholder expectations

• Ensuring the project stays within budget

• Ensuring the project delivers the required products

Which of the following is a PRINCE2 process?

• Initiating a Project

• Planning a Project

• Executing a Project

• Closing a Project

In PRINCE2, what is the purpose of the 'Risk' theme?

• To identify and manage potential threats to the project

• To allocate resources effectively

• To ensure quality standards are met

• To manage stakeholder communication

Which document in PRINCE2 outlines the project's deliverables and the work required to produce them?

• Project Plan

• Product Description

• Work Package

• Project Brief

What is the role of the 'Project Board' in PRINCE2?

• To manage day-to-day project activities

• To provide overall direction and control

• To execute project tasks

• To support the project team

Which of the following is a characteristic of a PRINCE2 project?

• It is flexible and can be adapted to any project size

• It is strictly for IT projects

• It does not require documentation

• It is only applicable to government projects