Pass the PRINCE2 PRINCE2 Certification Prince2-Foundation Questions and answers with CertsForce

In PRINCE2®, the Project Executive is responsible for the overall success of the project, which includes securing the necessary funding before the project begins. This role is part of the project board and has the authority to commit organizational resources and funds, ensuring that the project is financially viable from start to finish.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation

When the change authority asks for more information regarding a proposed change, this occurs during the 'Assessing issues' step of the 'issue management technique' in PRINCE2. This step involves evaluating the impact and implications of issues or changes, including requesting additional information necessary to make informed decisions.References: PRINCE2® 7 Foundation resources on issue and change management.

The 'managing product delivery' process in PRINCE2 defines the work needed to deliver major products, ensuring effective use of organizational resources. This process focuses on the acceptance, execution, and delivery of project products according to agreed plans between the project manager and the team manager.References: PRINCE2® 7 Foundation guide on the 'managing product delivery' process.

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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.

In PRINCE2, an 'outcome' is defined as the result achieved by the project after implementing changes through its activities. Outcomes are the new states enabled by the project's outputs, differing from benefits in that they are not necessarily quantified as improvements until later evaluated as such.References: PRINCE2® 7 Foundation documentation on project outputs, outcomes, and benefits.

The Project Initiation Documentation (PID) should guide the project management team on how to manage multiple aspects of the project. It is a key management product that includes crucial information like the project's definition, approach to management, and controls. It serves as the baseline document for managing the project's scope, quality, costs, timescales, risk, and benefits. References: PRINCE2® Foundation official guide and project management documentation resources.

To know whether the response to a threat has been actioned, the project manager should review the Risk Register. The Risk Register contains details about each identified risk, including the planned responses and their current status. It provides a comprehensive overview of how risks are being managed and whether the responses have been implemented as planned.References: (PRINCE2® 7 Foundation Handbook, AXELOS)

In PRINCE2®, the 'Directing a Project' process is where the key decisions to control the overall project are made. This process involves the Project Board and is crucial for providing overall direction and management oversight throughout the lifecycle of the project, including key decision points such as project initiation, stage boundaries, and project closure.References: = PRINCE2® 7 Foundation Training Manual and official PRINCE2® website documentation