Prince2 Agile Foundation: Final Exam
Questions and All Correct Answers
2025-2026 Updated.
What does PRINCE2 stand for? - Answer Projects IN Controlled Environments
What is a project? - Answer Projects are the means by which we introduce change
How can we differentiate between projects and 'business as usual'? (5 points) - Answer
Change - project are the means by which we introduce change
Temporary - projects are temporary in nature
Cross-functional - projects bring people together with different skills to introduce a change that
will impact others outside the team
Unique - each project is unique
Uncertainty - projects are more risky
What makes a project a PRINCE2 project? (4 points) - Answer As a minimum, it must:
- apply PRINCE2 principles
- meet the minimum requirements for PRINCE2 themes
- have project processes that satisfy the purpose and objectives of the PRINCE2 processes
- either uses PRINCE2 recommended techniques or using alternative, equivalent techniques
What are the six aspects of project performance to be managed? - Answer - Costs
- Timescales
- Quality
- Scope
- Benefits
- Risk
What are the integrated elements of PRINCE2? - Answer Principles: guiding obligations and
good practices
Themes: aspects of project management that must be addressed continually and in parallel
throughout the project
Processes: describe progression through the stages of the project lifecycle
Project environment: orgs tend to want a consistent approach to managing projects and so
tailor PRINCE2
, Features and benefits of PRINCE2 (6 points) - Answer - Based on established and proven best
practice and governance for project management
- Can be applied to any type of project
- Is widely recognized and understood
- Focus on viability in relation to business case
- Promotes learning lessons
- Focus on WHAT needs to be done, not HOW
The customer/supplier context on which PRINCE2 is based (3 points) - Answer - Assumes
there is a customer who will specify the desired result and (usually) pay for the project, and a
suppluer who will provide the resources and skills to deliver that result
- The organisation that commissions a project is the 'corporate, programme management or the
customer'
- Projects can exists within many contexts; they may be stand-alone or part of a programme or
wider portfolio
PRINCE2 principles are: (descriptive. 3 points) - Answer - Universal, they apply to every
project
- Self-validating, they have been proven in practice over many years
- Empowering, they give practitioners confidence and ability to shape and influence how the
project will be managed
The seven PRINCE2 principles are: - Answer - Continued business justification
- Learn from experience
- Defined roles and responsibilities
- Manage by stages
- Manage by exception
- Focus on products
- Tailor to suit any project
Continued business justification meaning (3 points) - Answer - A PRINCE2 principle
- A PRINCE2 project must have a justifiable reason throughout the project lifecycle
- If a project can no longer be justified, it should stop
Continued business justification requirements - Answer - A justifiable reason for starting the
project
Questions and All Correct Answers
2025-2026 Updated.
What does PRINCE2 stand for? - Answer Projects IN Controlled Environments
What is a project? - Answer Projects are the means by which we introduce change
How can we differentiate between projects and 'business as usual'? (5 points) - Answer
Change - project are the means by which we introduce change
Temporary - projects are temporary in nature
Cross-functional - projects bring people together with different skills to introduce a change that
will impact others outside the team
Unique - each project is unique
Uncertainty - projects are more risky
What makes a project a PRINCE2 project? (4 points) - Answer As a minimum, it must:
- apply PRINCE2 principles
- meet the minimum requirements for PRINCE2 themes
- have project processes that satisfy the purpose and objectives of the PRINCE2 processes
- either uses PRINCE2 recommended techniques or using alternative, equivalent techniques
What are the six aspects of project performance to be managed? - Answer - Costs
- Timescales
- Quality
- Scope
- Benefits
- Risk
What are the integrated elements of PRINCE2? - Answer Principles: guiding obligations and
good practices
Themes: aspects of project management that must be addressed continually and in parallel
throughout the project
Processes: describe progression through the stages of the project lifecycle
Project environment: orgs tend to want a consistent approach to managing projects and so
tailor PRINCE2
, Features and benefits of PRINCE2 (6 points) - Answer - Based on established and proven best
practice and governance for project management
- Can be applied to any type of project
- Is widely recognized and understood
- Focus on viability in relation to business case
- Promotes learning lessons
- Focus on WHAT needs to be done, not HOW
The customer/supplier context on which PRINCE2 is based (3 points) - Answer - Assumes
there is a customer who will specify the desired result and (usually) pay for the project, and a
suppluer who will provide the resources and skills to deliver that result
- The organisation that commissions a project is the 'corporate, programme management or the
customer'
- Projects can exists within many contexts; they may be stand-alone or part of a programme or
wider portfolio
PRINCE2 principles are: (descriptive. 3 points) - Answer - Universal, they apply to every
project
- Self-validating, they have been proven in practice over many years
- Empowering, they give practitioners confidence and ability to shape and influence how the
project will be managed
The seven PRINCE2 principles are: - Answer - Continued business justification
- Learn from experience
- Defined roles and responsibilities
- Manage by stages
- Manage by exception
- Focus on products
- Tailor to suit any project
Continued business justification meaning (3 points) - Answer - A PRINCE2 principle
- A PRINCE2 project must have a justifiable reason throughout the project lifecycle
- If a project can no longer be justified, it should stop
Continued business justification requirements - Answer - A justifiable reason for starting the
project
