PRINCE2F PRINCE2 Processes Practice Question
Which THREE of the following are components of the Project Initiation Documentation (PID)?
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
✓
Risk Management Approach
The PID includes the Project Plan, Business Case, and Risk Management Approach. The Daily Log is an ongoing log, and the Lessons Report is produced in Closing a Project.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Daily Log
Why it's wrong here
The Daily Log is a separate product used throughout the project.
- ✓
Risk Management Approach
Why this is correct
The Risk Management Approach is part of the PID.
- ✓
Project Plan
Why this is correct
The Project Plan is part of the PID.
- ✓
Business Case
Why this is correct
The Business Case is a mandatory component of the Project Initiation Documentation (PID) because it provides the justification for undertaking the project, satisfying the PRINCE2 principle of continued business justification. It documents the expected benefits, costs, and risks, forming the basis against which the project board will later assess ongoing viability. Without a valid Business Case, the PID would lack the essential rationale required to authorise project initiation.
- ✗
Lessons Report
Why it's wrong here
The Lessons Report is produced in Closing a Project.
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