Identify the missing word in the following sentence. The guiding obligations and good practices which determine whether the project is genuinely being managed using PRINCE2 form the [ ? ] of the method.

• A.Principles
• B.Themes
• C.Techniques
• D.Processes

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What takes place during the Closing a Project process?

• A.The project closure notification is reviewed and approved
• B.An End Stage Report is prepared for the final stage
• C.Ownership of the project's products is transferred to the customer
• D.The post-project benefits reviews are performed

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Why is the 'learn from experience' principle applied to a project?

• A.To enable the project team to repeat successes from previous projects
• B.To enable the project team to develop a business case for the project
• C.To allow the project to be divided into management stages
• D.To enable the project team to use tolerances to delegate authority

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Which describes a risk event?

• A.The achievement of a milestone on the Project Plan
• B.The derivation or sources of a potential risk to the project
• C.The area of uncertainty in terms of the threat or opportunity
• D.The sequence of events and actions that will be put in place if a risk occurs

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According to the 'continued business justification' principle, what should happen to the funds when a project can no longer be justified?

• A.They should be returned to corporate, programme management or customer
• B.They should be used to create an alternative business case for the project
• C.They should be transferred back to the project board to reassign
• D.They should be used to deliver a reduction in the scope of the project

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