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Key Statements for PRINCE2® Certification

prince2-practitioner-cpdRecently I passed my PRINCE2® Certification as Practitioner. After giving the exam, I felt like there were few statements which helped me a lot in answering the questions as well as cleared my concept. These statements are important to understand so that it would be easier for you to clear the PRINCE2® Certification. Also do refer the Managing Successful Projects with Prince2 2017 – 6th Edition. This one of the best books you will need to understand the concepts and clear the certification.

  1. Every PRINCE2® project operates in customer-supplier engagement.
  2. Five characteristics that make Project different from operations: Change, Temporary, Cross functional, Uncertainty & Unique.
  3. Every project has these six objectives that must be managed, controlled: Benefits, Cost, Quality, Risk, Scope and Timeline. Use this acronym BCQRST to remember each objectives easily.
  4. A PRINCE2® project starts when Project Mandate is issued from Corporate / Programme management or customer.
  5. Four integrated elements of a PRINCE2® project are Principles, Themes, Processes and Tailoring to suit the environment.
  6. 3 things that are out of scope in PRINCE2® : Tools and Techniques, Specialist methods & Leadership.
  7. Three characteristics of Principles: Universal, empowering and self-validating.
  8. Three primary stakeholders are: Business, User, Supplier. Acronym: BUS
  9. Business Case is a live document that is updated throughout the project, helps Project board to evaluate whether the project should continue or not.
  10. A management stage is a review point or milestone phase in the project when Project Board will assess project progress and take decisions whether the project should continue or not.
  11. Tailoring decisions are proposed by PM, reviewed and agreed by project board. Tailoring information for a project is documented in Project Initiation Document (PID).
  12. PM prepares 23 documents except these 3: Outline Business Case by Executive, Team Plan and CheckPoint Report by Team Manager
  13. Executive owns the Business Case. Project success is evaluated based on Business Case i.e. Executive’s performance.
  14. Defects or bugs is a type of issue in PRINCE2®. Defects and bugs will be recorded in Issue Register NOT IN QUALITY REGISTER.
  15. The objectives of Risk Management are 3: all risks are identified, assessed and controlled. Whereas the Risk Management Process has 5 steps: Identify, Assess, Plan, Implement and Communicate.

Hope this helps. Also find few details below on the Foundation and Practitioner Exam format.

Foundation Examination

  • Total of 60 questions, you should attempt all 60 questions because of no negative marking.
  • Each question is worth one mark. All questions are counted towards score.
  • There are no trial questions.
  • Time limit is 1 hour i.e. 60 minutes
  • Pass score is 55% i.e. 33 out of 60
  • This is a ‘closed book’ exam. No material other than the exam paper is allowed.
  • Exam is available in online and paper based formats.

Practitioner Examination

  • Complete exam is based on one case study
  • Duration is 2.30 hours i.e. 150 minutes
  • Complete syllabus is covered: Principles 7 or 8 questions, Each theme – 5 questions (7*5=35 questions), each process – 4 questions (7*4 = 28 questions). All questions carry equal marks.
  • You don’t have to get marks from each topic here. As long as you get pass mark that’s enough.
  • You will get 3 booklets (online, there will be one document with hyperlinks for other 2)
    • 1 booklet with case study
    • 1 booklet with questions
    • 1 booklet for answers

Thanks for Reading and..

🙂 Happy Sharing 🙂

Reference: Managing Successful Projects with Prince2 2017 6th Edition

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