How does the project plan help to support the 'manage by stages' principle?
By identifying the customer's quality expectations
By defining products to ensure they are fit for purpose
By identifying the major control points and milestones
By estimating the timescales and costs of the project
Answer is By identifying the major control points and milestones
Question 182
Which is a factor when deciding the duration of a management stage?
The work packages to be delivered
The level of risk in the project
The cost of the stage
The number of products to be produced in the project
Answer is The level of risk in the project
The number of management stages within a project is clearly a balance between risk and cost as well as other factors. For example a high risk project would tend to have shorter management stages since the project board would want to review progress and the overall project status more often.
What information about benefits management must be documented to meet the minimum requirements for applying the business case theme?
The senior user's responsibilities for realizing benefits
Statements of actual versus forecast benefits at reviews
The management actions needed to ensure benefits are realized
No specific documents related to benefits are necessary
Answer is The management actions needed to ensure benefits are realized
Prince 2 Manual Section 6.2
Benefits Management approach: Defines the management actions that will be put in place to ensure that
the project's outcomes are achieved and confirm that the project's benefits are realized.
Your project must create and maintain a business justification (in the form of a business case), and you should review and update it throughout your project. You must define management actions to ensure the expected outcomes are achieved and the benefits are realized. You must define and document the roles and responsibilities for the business case and the management of benefits. Finally, you must produce and maintain a benefits management approach.
According to PRINCE2, why might there be more than one business case for a project?
There may be more than one management stage in the project
The project may be in a commercial environment with a number of suppliers
There may be more than one work package being delivered in the project
The project may be in a programme environment
Answer is The project may be in a commercial environment with a number of suppliers
The business case for a customer's project is separate from a supplier's business case for bidding for and working on that customer's project. The customer needs to ensure that its project is viable and risks are acceptable, bearing in mind the suppliers chosen. A supplier would have to ensure that it will benefit from the work it undertakes on the project. In other words, the project will be profitable from the supplier's perspective.
Which are purposes of the quality theme?
1. To implement continuous improvement during the project
2. To establish how the project will ensure that products created will be acceptable to key stakeholders
3. To ensure that the project is desirable and achievable
4. To identify, assess and control uncertainty
1 and 2
2 and 3
3 and 4
1 and 4
Answer is 1 and 2
Project is desirable and achievable is part of Business Case Theme not Quality.
What is performed as part of the recommended risk management procedure?
A budget to investigate issues is allocated
Risk management practices are reviewed to ensure that they are performed effectively
Information about risks to the projects is sent to project stakeholders
Conflicts between the project and the programme board are resolved
Answer is Information about risks to the projects is sent to project stakeholders
As stated in section10.3.2 : 'Communicate', the fith step, operates in parallel as the outputs of any of the other steps may need to be communicted to stakesholders at any point in the process'