Ace the PRINCE2 Foundation Blast 2025 – Unleash Your Project Power!

The correct answer is that a project should be officially closed when it has achieved its objectives or is no longer viable. This aligns with PRINCE2 principles, which emphasize that closure should occur based on the accomplishment of predefined goals or when the project is deemed unfeasible for continuation.

Under the PRINCE2 methodology, the closure phase is critical as it allows for proper documentation of the project's results and ensures that all stakeholders acknowledge the completion. Achieving objectives provides a clear indication that the project has delivered the intended value. Conversely, if the project is no longer viable, closing it prevents unnecessary expenditure of resources and facilitates a strategic decision to redirect efforts to more promising initiatives.

Acknowledging the completion of a project at this stage ensures that lessons learned are captured and assessed, benefiting future projects and organizational growth. The other scenarios do not fulfill the principles and criteria outlined for proper project closure, as they could lead to incomplete project assessments or overlooked outcomes.