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PRINCE2 PRINCE2 Foundation Exam
PRINCE2 Foundation 7 Edition (Page 15 )

Updated On: 19-Jan-2026
Page 15 of 94
PDF with 463 Questions

Which is an objective of the Closing a Project process?

  1. Prepare the plan for the next stage
  2. Assess any benefits that have already been realized
  3. Produce a Benefits Review Plan to identify what benefits are expected
  4. Check that all benefits are realized before closing a project

Answer(s): C

Explanation:

One of the objectives of the Closing a Project process is to produce a Benefits Review Plan. This plan outlines how the benefits of the project will be measured and reviewed after the project has been closed. It is crucial for ensuring that the benefits expected from the project are tracked and assessed in the post-project phase.


Reference:

PRINCE2® Foundation official study guide and materials.



What takes place during the Closing a Project process?

  1. The post-project benefits reviews are performed
  2. Ownership of the project's products is transferred to the customer
  3. An End Stage Report is prepared for the final stage
  4. The project closure notification is reviewed and approved

Answer(s): B

Explanation:

During the Closing a Project process in PRINCE2®, the ownership of the project's products is formally transferred to the customer, ensuring that all deliverables have been accepted and are ready for operational use. This transfer marks the formal completion of the project.


Reference:

PRINCE2® Foundation official study guide and materials.



Which of the following statements about the Closing a Project process are true?

1. The Closing a Project process provides a fixed point for the receipt of completed Work Packages for the work performed in the final stage.

2. The Closing a Project process provides a fixed point to review if the objectives set out in the original Project Initiation Documentation have been achieved.

  1. Only 1 is true
  2. Only 2 is true
  3. Both 1 and 2 are true
  4. Neither 1 or 2 are true

Answer(s): B

Explanation:

The statement that "The Closing a Project process provides a fixed point to review if the objectives set out in the original Project Initiation Documentation have been achieved" is true. This process is crucial for ensuring that the project has met its objectives and that all remaining project deliverables are acceptable to stakeholders. The first statement is incorrect as the receipt of completed Work Packages is typically handled during the 'Managing a Stage Boundary' process rather than in the 'Closing a Project' process.


Reference:

PRINCE2 Foundation manual, PRINCE2 official resources



A product can NOT be supplied to meet all of the requirements in its baselined Product Description.
What first action should be taken?

  1. Raise a request for change
  2. Raise an off-specification
  3. Write an Exception Report
  4. Amend the Work Package

Answer(s): B

Explanation:

When a product cannot meet all the requirements specified in its baselined Product Description, the first action to take is to raise an off-specification. An off-specification is used in PRINCE2 to formally identify any forecasted deviation from the agreed product requirements or quality expectations.


Reference:

PRINCE2 Foundation manual, PRINCE2 official resources



Which step in the issue and change control procedure considers alternative options for responding to an issue that is being managed formally?

  1. Capture
  2. Examine
  3. Propose
  4. Decide

Answer(s): B

Explanation:

In the issue and change control procedure within PRINCE2, the "Examine" step involves considering alternative options to address an issue that is being managed formally. This step is crucial for evaluating the possible responses to an issue before making a decision on the best course of action.


Reference:

PRINCE2 Foundation manual, PRINCE2 official resources



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