How to Pass the PRINCE2 Prince2-Foundation Exam: Comprehensive PRINCE2-Foundation written Exam Guide and Tips

The project board reviews the Project Initiation Documentation (PID) during an end stage assessment primarily to review summarized progress to date and to decide the future course of action for the project. This review helps determine whether the project is still viable and if the project should continue into its next stage based on performance against the plan and the business case.References: PRINCE2® Foundation Manual

The purpose of the 'Initiating a Project' process is to provide the Project Board with just enough information to decide whether to approve the initiation stage. This process involves the development of a more detailed Business Case and Project Plan, which are crucial for the Project Board to assess the project's viability and decide on its initiation confidently. References: PRINCE2® official guide and syllabus.

People who join a project after initiation can quickly and easily find comprehensive information about how the project is being managed in the Project Initiation Documentation (PID). The PID provides a detailed basis for the management of the project, including how the project is structured, governed, and what methods are being used. It is a central document that encapsulates all key information needed to understand the project management approach.References: PRINCE2® Foundation Manual

An objective of the 'Directing a Project' process in PRINCE2® is to provide an interface between the project management and the wider corporate, programme management, or customer environment. This process ensures that the project remains aligned with the organization’s objectives and governance frameworks, and that corporate or programme management can provide oversight and support as needed.References: = PRINCE2® 7 Foundation handbook and online resources

Change management is defined as the means by which an organization transitions from its current state to the target state. It encompasses all activities involved in managing change, including handling changes to the scope of projects and ensuring that changes are implemented smoothly and sustainably. This involves strategic planning, oversight, and ensuring that changes are accepted and adopted by all stakeholders. References: PRINCE2® Foundation training materials and glossary.

The 'Controlling a Stage' process in PRINCE2® is used to manage and control each 'delivery stage' of a project. This process focuses on the day-to-day management of the project stages, ensuring that the project remains within its agreed tolerances and effectively addressing issues as they arise.References: PRINCE2® Foundation Manual

One of the key responsibilities of the project board within PRINCE2® is to ensure effective communication with external stakeholders. This involves overseeing the project's strategic direction and ensuring that stakeholder needs, expectations, and communications are properly managed and addressed throughout the project lifecycle.References: = PRINCE2® 7 Foundation handbook and online resources

When tailoring PRINCE2 to suit the project environment, changes can be made to the terminology used to better align with the organization’s existing standards, policies, or practices. This helps in integrating PRINCE2 within the organization more seamlessly without altering the core principles and themes which are foundational to the methodology's effectiveness. References: PRINCE2 Foundation Guide, Tailoring PRINCE2 section

The purposes of the 'directing a project' process are to enable the project board to be accountable for the project's success by making key decisions (1) and to exercise overall control of the project (4). This process ensures that strategic guidance and oversight are maintained, but does not directly involve the project board in authorizing work packages or preparing communication approaches—that's handled by the project manager.References: = PRINCE2® 7 Foundation handbook and online resources

The purpose of the Business Case theme in PRINCE2® is to establish a viable investment proposition. It justifies the investment in the project through an ongoing assessment of benefits, costs, and risks, ensuring that the project remains desirable, viable, and achievable throughout its life.References: PRINCE2® 7 Foundation Source: PRINCE2® Foundation handbook and online resources