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
When a tolerance is forecast to be exceeded, the Project Manager must escalate to the Project Board via an Exception Report.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Raise an Exception Report to the Project Board
Why this is correct
This is the correct response to a forecast tolerance breach.
- ✗
Increase the project budget and continue
Why it's wrong here
The Project Manager cannot unilaterally increase the budget.
- ✗
Continue and report in the next Highlight Report
Why it's wrong here
Continuing without escalation violates management by exception.
- ✗
Close the project as the Business Case is no longer viable
Why it's wrong here
A cost breach does not automatically mean the Business Case is unviable.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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