PRINCE2 7 Found. · PeopleCert · Key concepts of projects and PRINCE2 · Bank updated 2026-07-03
PRINCE2 7 Found. practice questions: Key concepts of projects and PRINCE2
5 free questions from 7 on this area · answer and explanation for each · no sign-up
These 5 questions come from the Key concepts of projects and PRINCE2 section of our PRINCE2 7 Found. bank (7 questions on this area, which carries 3% of the real exam). Every question is original, with the correct answer explained and linked to the source it is drawn from.
1/5 · Key concepts of projects and PRINCE2
PRINCE2 7 describes the method as made up of five integrated elements. Alongside principles, practices, processes and the project context, which additional element was introduced to ensure that individuals are engaged, motivated and able to work effectively together?
AOrganization
BPeople
CCommunication
DThemes
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2/5 · Key concepts of projects and PRINCE2 · easy
According to the PRINCE2 7 Foundation syllabus, which statement most accurately defines a project?
AAny piece of work assigned to a team, regardless of whether it has a defined start, end, or business justification.
BA temporary organization that is created for the purpose of delivering one or more business products according to an agreed business case.
CA permanent department that delivers the same repeatable outputs to the same quality standard indefinitely, without a fixed end date.
DA programme of interrelated projects and activities that together deliver a strategic outcome for an entire organization.
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3/5 · Key concepts of projects and PRINCE2
A colleague who last studied PRINCE2 under its 2017 (sixth) edition says the method is still structured around three elements: principles, themes and processes. How should this be corrected against PRINCE2 7?
APRINCE2 7 restructures its guidance into four integrated elements: principles, people, practices and processes, with 'people' added as a distinct element.
BIt should not be corrected: PRINCE2 7 retains exactly the same three elements, only renaming 'themes' informally to 'practices' in marketing material.
CPRINCE2 7 adds a fifth integrated element, the project environment, on top of principles, people, practices and processes.
DPRINCE2 7 reduces the structure to two elements, principles and processes, folding themes and any people-related guidance directly into the seven processes.
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4/5 · Key concepts of projects and PRINCE2
A project has just handed over a new booking system to operations; staff are now using it daily, but nobody has yet measured whether the predicted reduction in call-handling time has materialized. A stakeholder insists the 'outcome' and the 'benefit' of the project are the same thing and have already been achieved. Which response best reflects PRINCE2 7's key concepts?
AThe stakeholder is wrong because outcomes are produced by the project team while outputs and benefits are both the responsibility of corporate or programme management.
BThe stakeholder is right: PRINCE2 7 treats outputs, outcomes and benefits as three names for the same deliverable, so all three are achieved together at handover.
CThe stakeholder is wrong because benefits always precede outcomes, since a business case must quantify benefits before any outcome can be defined.
DThe stakeholder is wrong: the booking system is an output; staff using it differently is the outcome; the benefit is the measurable improvement, such as reduced call-handling time, that the outcome is expected to deliver.
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5/5 · Key concepts of projects and PRINCE2 · hard
Six months after a new reporting system went live, the project board is still meeting monthly because the finance director wants formal confirmation that the forecast 15% reduction in reporting effort has actually been achieved before the project is allowed to close. Which statement is most consistent with PRINCE2 7's key concepts of a project?
AThis is correct practice, because uncertainty is a defining characteristic of every project, so the project must stay open until every benefit-related risk has closed.
BThis is correct practice: PRINCE2 7 defines 'temporary' as meaning the project management team stands down only once all business case benefits are confirmed.
CThis is incorrect: a project is temporary and should close once its products have been handed over and accepted, while confirming forecast benefits is a post-project review typically owned by corporate or programme management.
DThis is incorrect because PRINCE2 7 states that benefits realization falls entirely outside the business case and therefore should never be tracked by the project.
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