PRINCE2 – Foundation Exam Exam

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Prepare for the PRINCE2 Foundation Exam with multiple choice questions and comprehensive explanations. Enhance your understanding of project management concepts and techniques to achieve success in your certification journey!

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What is a primary purpose of the Starting Up a Project process?

To develop detailed project schedules
To provide the Project Board with information for deciding on project initiation
To conduct detailed stakeholder analysis
To identify potential project risks

The correct answer is: To provide the Project Board with information for deciding on project initiation

The primary purpose of the Starting Up a Project process is to provide the Project Board with the necessary information to make informed decisions about whether to initiate the project. This stage acts as a foundation for the project's justification, ensuring that the Project Board understands the project’s objectives, its feasibility, and the justification for its initiation. During this process, critical aspects such as the project's scope, potential benefits, and key stakeholders are evaluated. The information gathered helps the Project Board assess whether the project aligns with organizational goals and if adequate resources are available. This decision-making phase is essential to ensure that projects are started on solid grounds and are viable. While conducting detailed stakeholder analysis and identifying potential project risks are important components of project management, they are not the primary focus during the Starting Up a Project phase. The main aim is to equip decision-makers with relevant information to authorize the next steps, thereby facilitating a structured and informed project initiation.