PRINCE2 Foundation Exam: Identify the Missing Word | Exam Question

Identify the Missing Word in PRINCE2 Project Management Method

Question

Identify the missing word in the following sentence.

The guiding obligations and good practices which determine whether the project is genuinely being managed using PRINCE2 form the [ ? ] of the method.

Answers

Explanations

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A. B. C. D.

A.

The missing word in the sentence is "Principles".

PRINCE2 (an acronym for PRojects IN Controlled Environments) is a project management methodology used to manage projects in various industries and organizations. It provides a framework of guiding principles, themes, processes, and techniques to manage projects effectively.

The seven PRINCE2 principles are the foundation of the method and provide a basis for decision-making throughout the project. The principles include:

  1. Continued business justification
  2. Learn from experience
  3. Defined roles and responsibilities
  4. Manage by stages
  5. Manage by exception
  6. Focus on products
  7. Tailor to suit the project environment

These principles determine whether the project is being managed using PRINCE2 effectively. The themes, processes, and techniques are then used to implement the principles and manage the project. Therefore, the principles are the core of the PRINCE2 method, and they guide the project management practices throughout the project lifecycle.