Project Board's Response to Exception Report

D.

In the PRINCE2 project management methodology, Exception Reports are used to highlight issues that may have a significant impact on the project's objectives, timeline, or budget. The Project Board is responsible for reviewing and responding to these reports.

The Project Board is a group of senior stakeholders who are responsible for ensuring that the project is aligned with the organization's strategic objectives and providing direction and support to the Project Manager.

When an Exception Report is received, the Project Board will use the Managing a Stage Boundary process to respond to it. This process is used at the end of each stage of the project to review the progress made so far, assess the project's overall performance, and determine whether to approve the next stage.

During the Managing a Stage Boundary process, the Project Board will review the Exception Report to determine whether it constitutes a stage boundary issue. If it does, the Project Board will consider the options for addressing the issue and make a decision on how to proceed. This decision could involve changing the project plan, reallocating resources, or even stopping the project altogether.

Once the Project Board has made a decision, they will provide the Project Manager with guidance on how to proceed. This guidance may include changes to the project plan or budget, revised objectives or timelines, or other instructions as necessary. The Project Manager will then update the relevant project documentation and communicate the changes to the project team.

In summary, the process used by the Project Board to respond to an Exception Report is Managing a Stage Boundary. This process involves reviewing the report, considering options for addressing the issue, making a decision on how to proceed, and providing guidance to the Project Manager.