PRINCE2F PRINCE2 Processes Practice Question
A Project Manager is in the Managing a Stage Boundary process and has produced the End Stage Report. The project is forecasting to exceed the project-level cost tolerance. What must the PM include in the next Stage Plan?
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
✓
An Exception Plan that outlines the corrective actions and revised tolerances
If project-level tolerance is forecast to be exceeded, an Exception Plan is required instead of a normal Stage Plan. The Exception Plan must be approved by the Project Board.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
No Stage Plan; the project must be escalated immediately
Why it's wrong here
Escalation is needed, but the PM should produce an Exception Plan as part of SB.
- ✗
A request to close the project
Why it's wrong here
Closure is a separate decision; the PM should propose an Exception Plan first.
- ✓
An Exception Plan that outlines the corrective actions and revised tolerances
Why this is correct
When project-level tolerances are threatened, an Exception Plan replaces the next Stage Plan.
- ✗
A normal Stage Plan, but with additional cost contingencies
Why it's wrong here
A stage tolerance breach may be handled with a normal Stage Plan, but a project-level breach requires an Exception Plan.
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