PRINCE2F Practice Question: Overview of PRINCE2 and the project environment
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.
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 is immediate, not deferred.
- ✓
Raise an Exception Report to the Project Board
Why this is correct
Correct.
- ✗
Close the project
Why it's wrong here
Only the Board can decide to close.
- ✗
Increase the stage budget and continue
Why it's wrong here
The PM cannot change tolerances without Board 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.