PRINCE2 Managing a Stage Boundary 3

Question 1

What is the key difference between a Stage Plan and an Exception Plan in PRINCE2?

Accepted Answer

A Stage Plan covers one management stage; an Exception Plan replaces a Stage Plan when tolerances are forecast to be exceeded

Answer

An Exception Plan replaces the remainder of the current Stage Plan when the stage or project is forecast to exceed its tolerances, requiring fresh authorization from the Project Board.

Question 2

Who is responsible for producing the End Stage Report in PRINCE2?

Accepted Answer

The Project Manager

Answer

The Project Manager produces the End Stage Report as part of Managing a Stage Boundary to report stage performance back to the Project Board.

Question 3

When is an Exception Plan used instead of a next Stage Plan in Managing a Stage Boundary?

Accepted Answer

When the current stage is forecast to exceed its agreed tolerances

Answer

An Exception Plan is triggered when the stage or project is forecast to deviate beyond agreed tolerances across any of the six tolerance dimensions (time, cost, quality, scope, risk, benefit).

Question 4

What is the purpose of the 'Update the Project Plan' activity within Managing a Stage Boundary?

Accepted Answer

To revise the overall project plan to reflect actual progress and a reforecast of remaining work

Answer

Updating the Project Plan ensures it accurately reflects what was achieved in the completed stage and provides a realistic revised forecast for all remaining work in the project.

Question 5

Which register is reviewed and updated during Managing a Stage Boundary to capture threats and opportunities relevant to the next stage?

Accepted Answer

Risk Register

Answer

The Risk Register is reviewed and updated during SB as part of planning the next stage, ensuring threats and opportunities are accounted for in the new Stage Plan.

PRINCE2 Foundation Practice Test

PRINCE2 Foundation Practice Test

PRINCE2 Managing a Stage Boundary 3