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PRINCE2 Foundation Paper 1 ANSWERS

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Projects IN Controlled Environments (PRINCE2) Foundation course - Paper 1 examination ANSWERS

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November 7, 2023
Number of pages
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Written in
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PRINCE2® 7 Foundation
®




Sample
Paper 1
Answers and Rationales




Official Training Materials

,
,Sample Paper 1: Answers and Rationales
Q A Syllabus Ref Rationale
1 A P2-7_FND_1.1 A. Correct. The project context is one of the five integrated
elements of PRINCE2. It influences how "the principles,
practices and processes are applied by the people involved to
ensure the method is fit for the project context." Ref 1.2
B. Incorrect. The PRINCE2 practices "describe aspects of
project management that must be continually addressed as
the project progresses through its lifecycle" and "the seven
practices explain the specific treatment required of that aspect
of project management for the PRINCE2 processes to be
effective and why they are necessary." Ref 1.2, 4.1
C. Incorrect. "The seven processes describe the entire project
lifecycle from activities before getting started, through the
stages of project delivery, and to the final act of project
closure. Each process has checklists of recommended activities
and related responsibilities." Ref 1.2
D. Incorrect. The people integrated element covers "those
working on the project and those affected by the project. An
understanding of the needs, capabilities and motivations of
people involved and the relationships between them is crucial
to how the project is established and managed." Ref 1.2
2 C P2-7_FND_1.2 A. Incorrect. "Projects are temporary in nature. When the
desired change has been implemented, business as usual
resumes (in its new form), and the need for the project is
removed." Ref 1.3
B. Incorrect. "Projects are temporary in nature. When the
desired change has been implemented, business as usual
resumes (in its new form), and the need for the project is
removed." Ref 1.3
C. Correct. "Every project is unique… But each one will differ in
a certain way. This can mean a different team, customer,
supplier, location, or timeframe. All these factors combine to
make every project unique. Ref 1.3
D. Incorrect. The uncertainty associated with projects makes
them riskier than business as usual. "The characteristics
already listed will introduce threats and opportunities over and
above those we typically encountered within business as usual.
Projects are riskier." Ref 1.3




PRINCE2® 7 Foundation | Sample Paper 1 Answers and Rationales | Copyright© PeopleCert International Ltd. 3

, Q A Syllabus Ref Rationale
3 D P2-7_FND_2.1 A. Incorrect. Incorporating lessons through the project relates
to the 'learn from experience' principle. "A PRINCE2 project
team actively seeks, records, and implements improvements
as a result of relevant lessons learned from prior projects and
throughout the life of the project. It applies them in future
projects, and shares them for others to apply." Ref 2.2
B. Incorrect. Adapting PRINCE2 to a specific project relates to
the 'tailor to suit the project' principle. "PRINCE2 is applied and
tailored to suit the project environment, size, complexity,
importance, delivery method, team capability and risk." Ref 2.7
C. Incorrect. Defining tolerances for project performance
relates to the 'manage by exception' principle. "A PRINCE2
project establishes limits of delegated authority by defining
tolerances for performance against its plans." Ref 2.5
D. Correct. Organizations that lack rigour in business
justification may find that projects proceed even when there
are few real benefits or when a project has only tentative
associations with the business strategy. "The business
justification drives decision-making to ensure that the project
remains aligned with the benefits being sought and
contributes to business objectives." This is the 'ensure
continued business justification' principle. Ref 2.1
4 D P2-7_FND_2.1 A. Incorrect. The project management team may consist of
internal and external stakeholders. "All projects have the
following primary stakeholders: 'supplier' provides the
expertise, people and resources required by the project. They
may be internal or external... All three stakeholder interests
need to be represented effectively in the project management
team; this is reflected in the design of a PRINCE2 project
board." Ref 2.3
B. Incorrect. An organization's day-to-day line management
structures are unlikely to be suited to project work. "The day-
to-day line management structures may not be designed for,
or suited to, project work." Ref 2.3
C. Incorrect. All three stakeholder interests, which may include
external stakeholders, should be represented in the design of
the project board. "All three stakeholder interests need to be
represented effectively in the project management team; this
is reflected in the design of a PRINCE2 project board." Ref 2.3
D. Correct. Supplier stakeholders can be external to the
organization. "Stakeholders can be individuals or groups within
or external to the business… stakeholders outside the business
could be trade unions, customers, suppliers, communiti es,
interest groups, banks, or the media." Ref 2.3




4 PRINCE2® 7 Foundation | Sample Paper 1 Answers and Rationales | Copyright© PeopleCert International Ltd.
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