PRINCE2F PRINCE2 Practices Practice Question
Which document records the project's planned costs, timescales, and products?
⚠ Common exam trap
PRINCE2 Foundation often tests the distinction between the Project Plan (whole project) and the Stage Plan (one stage) — candidates pick Stage Plan because it also contains costs and timescales, but the question asks for the project-level document.
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
✓
Project Plan
The Project Plan is the PRINCE2 document that records the project's planned costs, timescales, and products at the project level. It provides the overall schedule, budget, and product breakdown for the entire project. It is distinct from the Stage Plan, which covers a single stage.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Business Case
Why it's wrong here
The Business Case justifies the project's viability and benefits, not its costs, timescales and products. It is tempting because it references investment and cost justification, and would be correct when documenting the rationale for continuing or stopping the project.
- ✗
Stage Plan
Why it's wrong here
A Stage Plan covers one management stage's costs, timescales and products, not the whole project. It is tempting because it mirrors the Project Plan's structure, and would be correct when planning an individual stage within a PRINCE2 project.
- ✓
Project Plan
Why this is correct
The Project Plan documents the project's costs, timescales and products, forming the baseline against which progress is monitored. It consolidates the product descriptions, schedule and budget, satisfying the stem's requirement for a single document recording planned costs, timescales and products.
- ✗
Highlight Report
Why it's wrong here
The Highlight Report summarises progress, status and exceptions for the project board at a reporting point; planned costs, timescales and products belong in the Project Plan. It tempts because both documents cover project information, but only the plan records baselined cost, schedule and product detail.
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About these practice questions
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Same concept, more angles
1 more way this is tested on PRINCE2F
These questions test the same concept from different angles. Work through them to make sure you can recognise it however the exam phrases it.
Variation 1. Which plan is produced during the Initiating a Project process and covers the entire project at a high level?
easy- ✓ A.Project Plan
- B.Exception Plan
- C.Stage Plan
- D.Team Plan
Why A: The Project Plan is created during the Initiating a Project (IP) process and provides a high-level view of the entire project, including the project's scope, cost, timeline, and major deliverables. It is derived from the Project Brief and serves as the baseline against which the project's progress is measured. Because it covers the whole project at a high level, it is the correct answer.
JA
Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed September 2026 · checked against the official PeopleCert exam blueprint
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.