PRINCE2F PRINCE2 Processes Practice Question
The Project Board has authorized a Stage Plan. During the stage, the Project Manager identifies a risk that could cause the stage to exceed its time tolerance. What should the Project Manager do first?
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 and await their direction
According to PRINCE2's management by exception, if a tolerance is forecast to be exceeded, the Project Manager must escalate to the Project Board via an Exception Report. The PM cannot unilaterally change the plan.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Inform the Team Manager to accelerate work to stay within tolerance
Why it's wrong here
This may be a corrective action, but the PM must first determine if tolerance is threatened; if so, escalation is required.
- ✓
Raise an Exception Report to the Project Board and await their direction
Why this is correct
When a stage tolerance is forecast to be exceeded, the PM must escalate via an Exception Report to the Project Board.
- ✗
Record the risk in the Risk Register and continue monitoring
Why it's wrong here
If the risk is likely to cause a tolerance breach, passive monitoring is insufficient; escalation is needed.
- ✗
Implement a contingency plan to mitigate the risk and continue as planned
Why it's wrong here
The PM must first assess if the tolerance will be breached. If yes, escalation is required before implementing changes.
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