Prince2 Practitioner: Reassessing the Value-for-Money Solution

Who Ensures Constant Reassessment of the Value-for-Money Solution?

Question

Who is responsible for ensuring that the value-for-money solution is constantly reassessed?

Answers

Explanations

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A. B. C. D.

A.

In project management, value for money refers to the balance between the cost of delivering a project and the benefits it will provide. To ensure that the project continues to deliver value for money, it is essential to regularly review and reassess the solution.

Out of the given options, the responsibility for ensuring that the value-for-money solution is constantly reassessed lies with option C, Corporate or Programme Management.

Corporate or Programme Management is responsible for overseeing multiple projects within an organization and ensuring that they align with the organization's strategic objectives. As part of this role, they are responsible for monitoring the progress of projects and ensuring that they continue to deliver value for money.

This responsibility is particularly important because changes to the project's scope, budget, or timeline can impact its value for money. Corporate or Programme Management should therefore regularly review the project's progress and assess whether any changes are necessary to ensure that it continues to provide the intended benefits.

While other roles such as Business Assurance, Senior User, and Reject Support may have a role to play in ensuring value for money, the ultimate responsibility lies with Corporate or Programme Management.