PRINCE2 7 Foundation
®
Quick
Reference
Guide
Official Training Materials
,Introduction 1. Key concepts re
PRINCE2
PRINCE2 Foundation is intended for project managers and aspiring project managers. It is also
relevant to other key staff involved in the design, development, and delivery of projects, including The definition and cha
project board members, team managers, project assurance, project support, and operational line
managers/staff. Project: a temporary organization that
products according to an agreed busine
The PRINCE2 Foundation examination is intended to assess whether a candidate can recall and Characteristics of a project that distingu
understand the PRINCE2 project management method (as described in the syllabus). PRINCE2
Foundation is a prerequisite for the PRINCE2 Practitioner exam, which assesses the ability to apply Characteristics Descrip
understanding of the PRINCE2 project management method in context.
Change the means
Tew the desired
What you will learn
(in its new
Cross-functional a project in
together (o
others out
Key concepts relating to projects and PRINCE2
Unique every proje
How PRINCE2 principles underpin the PRINCE2 method projects an
PRINCE2 practices and how they are applied through projects each one w
Uncertainty these char
PRINCE2 processes and how they are carried out throughout projects
*
above thos
The PRINCE2 Foundation exam is a 60 multiple-choice question (MCQ) exam and requires a
candidate to obtain 60% (36 questions) correct or more to pass.
The Quick Reference Guide (QRG) is a summarized version of the examinable content. Designed as a
handy reference to facilitate exam preparation, it aligns with the syllabus structure: each numbered
section in the QRG corresponds to the same-numbered “Learning Outcome” in the Syllabus. Please
note that the use of the QRG does not guarantee passing the exam.
Practices
, The seven aspects of project performance to be managed
1. Benefits: who are we doing it for? The project management team must have a clear
understanding of the purpose of the project and what needs to be achieved to justify its investment.
2. Costs: many factors can affect the cost/budget available or may lead to (potential) underspend
or overspend against the cost budget. The project has to be affordable.
3. Time: when will the project start, when will the key products be delivered, and when will the
project finish?
4. Quality: finishing on time and within budget is not much consolation if the result of the project
is not as specified or does not work. What is delivered by the project must be fit for purpose.
5. Scope: the degree to which it is permissible to under-deliver or over-deliver benefits (realized
or estimated).
6. Sustainability: all projects have an impact on their environment, and project management
Adapted from Figure 1.1 The five integrated elem
teams need to know the sustainability performance targets for the project work and for the
products required of the project.
4. PRINCE2 processes: these seven p
7. Risk: limits on the plan’s aggregated risks. required to direct, manage, and del
• starting up a project
The five integrated elements of PRINCE2 • directing a project
• initiating a project
1. The seven principles of PRINCE2: the seven principles are the guiding obligations and
• controlling a stage
good practices which determine whether the project is genuinely being managed using
*
• managing product delivery
PRINCE2. Unless these following principles are applied, it is not a PRINCE2 project:
• managing a stage boundary
• ensure continued business justification • closing a project.
• learn from experience
5. The project context: PRINCE2 has
• define roles, responsibilities and relationships
organizational and commercial con
• manage by stages
scale. The principles, practices, and
• manage by exception
the method is fit for the project con
• focus on products
• tailor to suit the project.
2. People: an understanding of the needs, capabilities, and motivations of the people involved and Pre-project
the relationships between them is crucial to how the project is established and managed. People
are at the centre of the PRINCE2 method.
Directing
3. PRINCE2 practices: these seven practices describe essential aspects of project management
Starting
that must be applied consistently and throughout the project lifecycle.
®
Quick
Reference
Guide
Official Training Materials
,Introduction 1. Key concepts re
PRINCE2
PRINCE2 Foundation is intended for project managers and aspiring project managers. It is also
relevant to other key staff involved in the design, development, and delivery of projects, including The definition and cha
project board members, team managers, project assurance, project support, and operational line
managers/staff. Project: a temporary organization that
products according to an agreed busine
The PRINCE2 Foundation examination is intended to assess whether a candidate can recall and Characteristics of a project that distingu
understand the PRINCE2 project management method (as described in the syllabus). PRINCE2
Foundation is a prerequisite for the PRINCE2 Practitioner exam, which assesses the ability to apply Characteristics Descrip
understanding of the PRINCE2 project management method in context.
Change the means
Tew the desired
What you will learn
(in its new
Cross-functional a project in
together (o
others out
Key concepts relating to projects and PRINCE2
Unique every proje
How PRINCE2 principles underpin the PRINCE2 method projects an
PRINCE2 practices and how they are applied through projects each one w
Uncertainty these char
PRINCE2 processes and how they are carried out throughout projects
*
above thos
The PRINCE2 Foundation exam is a 60 multiple-choice question (MCQ) exam and requires a
candidate to obtain 60% (36 questions) correct or more to pass.
The Quick Reference Guide (QRG) is a summarized version of the examinable content. Designed as a
handy reference to facilitate exam preparation, it aligns with the syllabus structure: each numbered
section in the QRG corresponds to the same-numbered “Learning Outcome” in the Syllabus. Please
note that the use of the QRG does not guarantee passing the exam.
Practices
, The seven aspects of project performance to be managed
1. Benefits: who are we doing it for? The project management team must have a clear
understanding of the purpose of the project and what needs to be achieved to justify its investment.
2. Costs: many factors can affect the cost/budget available or may lead to (potential) underspend
or overspend against the cost budget. The project has to be affordable.
3. Time: when will the project start, when will the key products be delivered, and when will the
project finish?
4. Quality: finishing on time and within budget is not much consolation if the result of the project
is not as specified or does not work. What is delivered by the project must be fit for purpose.
5. Scope: the degree to which it is permissible to under-deliver or over-deliver benefits (realized
or estimated).
6. Sustainability: all projects have an impact on their environment, and project management
Adapted from Figure 1.1 The five integrated elem
teams need to know the sustainability performance targets for the project work and for the
products required of the project.
4. PRINCE2 processes: these seven p
7. Risk: limits on the plan’s aggregated risks. required to direct, manage, and del
• starting up a project
The five integrated elements of PRINCE2 • directing a project
• initiating a project
1. The seven principles of PRINCE2: the seven principles are the guiding obligations and
• controlling a stage
good practices which determine whether the project is genuinely being managed using
*
• managing product delivery
PRINCE2. Unless these following principles are applied, it is not a PRINCE2 project:
• managing a stage boundary
• ensure continued business justification • closing a project.
• learn from experience
5. The project context: PRINCE2 has
• define roles, responsibilities and relationships
organizational and commercial con
• manage by stages
scale. The principles, practices, and
• manage by exception
the method is fit for the project con
• focus on products
• tailor to suit the project.
2. People: an understanding of the needs, capabilities, and motivations of the people involved and Pre-project
the relationships between them is crucial to how the project is established and managed. People
are at the centre of the PRINCE2 method.
Directing
3. PRINCE2 practices: these seven practices describe essential aspects of project management
Starting
that must be applied consistently and throughout the project lifecycle.
