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PRINCE2-PRACTITIONER Practices Practice Question

A project manager is developing a Business Case and needs to account for the operational costs that will occur after the project is completed and handed over to operations. What PRINCE2 term describes these ongoing costs?

Answer choices

Why each option matters

Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.

Correct answer & explanation

Whole-life costs

Ongoing costs incurred after project handover to operate and maintain the output are termed operational costs or whole-life costs alongside development costs.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Contingency reserves

    Why it's wrong here

    Contingency reserves are funds held for unforeseen risks.

  • Stage tolerance costs

    Why it's wrong here

    Stage tolerance costs refer to financial boundaries within a management stage.

  • Sunk costs

    Why it's wrong here

    Sunk costs are past costs that cannot be recovered.

  • Whole-life costs

    Why this is correct

    Whole-life costs encompass both development costs and ongoing operational/maintenance costs.

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Last reviewed August 2026 · checked against the official AXELOS / PeopleCert exam blueprint

This PRINCE2-PRACTITIONER practice question is part of Courseiva's free AXELOS / PeopleCert certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PRINCE2-PRACTITIONER exam.