PRINCE2 7 Found. · PeopleCert · The PRINCE2 principles · Bank updated 2026-07-03
PRINCE2 7 Found. practice questions: The PRINCE2 principles
5 free questions from 13 on this area · answer and explanation for each · no sign-up
These 5 questions come from the The PRINCE2 principles section of our PRINCE2 7 Found. bank (13 questions on this area, which carries 8% of the real exam). Every question is original, with the correct answer explained and linked to the source it is drawn from.
1/5 · The PRINCE2 principles
Which statement best reflects how the 'learn from experience' principle should be applied throughout a PRINCE2 project?
AProject teams should seek lessons when starting the project, continue to seek and apply them throughout, and pass them on at closure for the benefit of future work
BLessons only need to be captured once, in a single Lessons Report produced at project closure
CLessons should be sought from previous projects only if the organization has a formal Project Management Office, otherwise the principle does not apply
DOnly the Project Manager is responsible for identifying lessons; team members should focus solely on their own work packages
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2/5 · The PRINCE2 principles
A Team Manager forecasts that a work package will exceed its agreed time tolerance. According to the 'manage by exception' principle, what should the Team Manager do?
AIgnore the forecast unless the tolerance is actually breached, since forecasts are not a trigger for action
BAutomatically add the shortfall to the next work package's tolerance without informing the Project Manager
CAbsorb the delay by unilaterally reducing product quality criteria to save time
DRaise the forecast to the Project Manager as an exception, so it can be assessed and, if needed, escalated to the level with authority to resolve it
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3/5 · The PRINCE2 principles · easy
Which characteristic distinguishes PRINCE2's seven principles from its practices and processes?
AUnlike practices and processes, each principle is documented in a dedicated management product that the Project Board must approve at initiation
BThe principles are universal, self-validating and empowering, and all seven must be applied for a project to be considered as run using PRINCE2, whereas practices and processes are tailored to context
CPrinciples apply only to projects operating within a formal programme structure
DPrinciples are optional guidelines that experienced Project Managers may disregard if the project sponsor agrees
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4/5 · The PRINCE2 principles
During delivery of a work package, a Team Manager forecasts a two-day delay that stays within the tolerance the Project Manager delegated for that work package. Applying the 'manage by exception' principle, what is the appropriate response?
AContinue managing the work package and report progress as normal, escalating to the Project Manager only if the forecast delay threatens to exceed the agreed tolerance.
BStop work on the work package until a revised Stage Plan is approved, since any forecast delay automatically triggers a stage boundary.
CImmediately raise an exception report to the Project Manager, since any forecast deviation from the plan must be escalated regardless of tolerance.
DEscalate directly to the Project Board, because only the Board can authorise any change to a work package's forecast completion date.
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A is correct. Manage by exception delegates authority to each management level within agreed tolerances (time, cost, scope, risk, quality, benefits), so that higher levels are only engaged when a forecast breach ('exception') is likely. A deviation that stays within delegated tolerance should be managed at the level it occurs, without unnecessary escalation.
↗ the official PRINCE2 7 Foundation syllabus (PeopleCert, 2023) — The PRINCE2 principles
5/5 · The PRINCE2 principles
Midway through a stage, a competitor launches a similar product, sharply reducing the benefits the Business Case had projected. The next scheduled review of the Business Case is not due until the end of the stage. Which response is most consistent with the 'ensure continued business justification' principle?
AThe project should continue unchanged until the scheduled end-stage report, since PRINCE2 only permits Business Case reviews at pre-agreed stage boundaries.
BThe Business Case should be archived immediately, since PRINCE2 requires termination of any project as soon as external market conditions change.
CThe Project Manager should alert the Project Board so the Business Case can be reassessed immediately, rather than waiting for the next scheduled review point.
DThe Senior Supplier should update the Business Case independently, since this principle makes them accountable for its ongoing viability.
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