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People: organizations, teams, and leadershipmediumMultiple ChoiceObjective-mapped

PRINCE2F People: organizations, teams, and leadership Practice Question

A project is forecast to exceed its stage 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, following 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.

  • Increase the project budget to absorb the additional cost

    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

    Escalation must be immediate, not delayed.

  • Raise an Exception Report to the Project Board

    Why this is correct

    Correct action under management by exception.

  • Close the project immediately

    Why it's wrong here

    The Business Case may still be viable; the Board decides.

About these practice questions

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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.