PRINCE2F PRINCE2 Practices Practice Question
Which TWO statements about tolerances in PRINCE2 are correct?
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
✓
Tolerances are defined for each management stage
Tolerances are defined for each stage by the Project Board, and the Project Manager may only deviate within that tolerance without escalation. They are set for time, cost, scope, quality, risk, and benefits.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Tolerances are only for cost and time
Why it's wrong here
Tolerances include scope, quality, risk, and benefits as well.
- ✗
Tolerances apply at project level only
Why it's wrong here
Tolerances apply at both project and stage levels.
- ✓
Tolerances are defined for each management stage
Why this is correct
Stage tolerances are defined by the Project Board.
- ✗
Tolerances are set by the Project Manager
Why it's wrong here
Tolerances are set by the Project Board.
- ✓
If a tolerance is forecast to be exceeded, the Project Manager must escalate via an Exception Report
Why this is correct
Management by exception requires escalation.
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