PRINCE2F PRINCE2 Practices Practice Question
A project is forecast to exceed its cost tolerance. What should the Project Manager do?
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
✓
Raise an Exception Report to the Project Board
Management by exception requires escalation via an Exception Report to the Project Board when a tolerance is forecast to be exceeded.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Continue and report in the next Highlight Report
Why it's wrong here
Escalation must be immediate via an Exception Report, not delayed.
- ✗
Increase the project budget and continue
Why it's wrong here
The Project Manager cannot unilaterally increase budget; this requires Project Board approval.
- ✗
Close the project immediately
Why it's wrong here
Closing the project is a drastic measure; the Project Board must assess the situation first.
- ✓
Raise an Exception Report to the Project Board
Why this is correct
An Exception Report is raised to the Project Board to decide on corrective action.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This PRINCE2F practice question is part of Courseiva's free 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 PRINCE2F exam.