Projects In Contolled Environments Foundation Practice Test

Explanation
This question is asking about the number of stages that business is divided into. The correct answer is "Two stages."

Explanation
Ownership of the entity in question was transferred to AXELOS Ltd in July 2013.

Explanation
The second edition was released in 1996, as stated in the answer.

Explanation
PRINCE2 has been revised twice, resulting in two editions.

Explanation
PRINCE2, which stands for PRojects IN Controlled Environments, is a project management method widely used in various industries. It is based on seven principles that form the foundation of the approach. These principles include continued business justification, learning from experience, defined roles and responsibilities, managing by stages, managing by exception, focusing on products, and tailoring to suit the project's needs. These principles provide a framework for effective project management and ensure that projects are aligned with organizational objectives and best practices.

Explanation
PRINCE2, which stands for Projects IN Controlled Environments, is a project management methodology that consists of seven themes. These themes are essential aspects that need to be considered and addressed throughout the project lifecycle. They include Business Case, Organization, Quality, Plans, Risk, Change, and Progress. Each theme plays a crucial role in ensuring project success by providing a comprehensive framework for managing different aspects of the project. Therefore, the correct answer is seven themes.

Explanation
In this subject, which is not specified, the relevance of quality, organization, and business case is emphasized. However, the budget is considered irrelevant. This suggests that the subject may be focused on aspects such as quality management, organizational structure, and business justification, where budgeting is not a key factor or does not hold much significance.

Explanation
The correct answer is 26 templates. This means that there are a total of 26 templates included in the PRINCE2 manual. These templates are likely to be used for various project management purposes and can provide a structured approach to managing projects effectively.

Explanation
The Daily Log is used to record informal issues. This log is a tool used in project management to document daily activities, events, and issues that occur during the project. It serves as a journal or diary, providing a record of what happened on a particular day. The Daily Log is typically used to record informal issues that arise during the project, such as unexpected problems, concerns, or observations. It helps to keep track of these issues and ensures that they are addressed and resolved in a timely manner.

Explanation
The PRINCE2 methodology includes various management products that are used throughout the project lifecycle. These management products help in the planning, monitoring, and control of the project. The Business case, Benefits Review Plan, and Checkpoint Record are all examples of PRINCE2 management products. However, the Task Record is not a recognized management product in PRINCE2. It is not mentioned or defined in the PRINCE2 methodology, making it the correct answer.