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 PM must escalate via an Exception Report to the Project Board. This is management by exception.
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
Correct action when tolerance is forecast to be exceeded.
- ✗
Close the project immediately
Why it's wrong here
Only the Project Board decides to close.
- ✗
Continue with the current plan and report at the next Highlight Report
Why it's wrong here
Escalation must be immediate, not delayed.
- ✗
Increase the budget and inform the Project Board
Why it's wrong here
The PM cannot increase budget without approval.
Go deeper
Related to this question
About these practice questions
Courseiva writes every PRINCE2F question from scratch — 1,599 in total, each with an explanation and a wrong-answer breakdown. None are copied from real exams or dumps. Learn why practice questions differ from exam dumps →
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.