Business as usual with PRINCE2 is any work that is a part of the normal operations of the organization. It does not have a predefined end. People from the same area of the business is involved. The work of the projects often leads to business-as-usual work. This business as usual with PRINCE2 doesn’t introduce major changes to the organization.

Project management has four main areas:
(a) Plan
(b) Delegate
(c) Monitor
(d) Control

These four areas exist to ensure that the work of the projects is all co-coordinated in the most effective way possible to consistently deliver the required results within the deadlines and budgets of the project.

Delegate ensures that the people are doing their work at the correct time. It is not just people but having the right people doing the right work. Communication is the key to this main area. Statement 1 refers to Plan. Statement 3 refers to Monitor. Statement 4 refers to Control.

Control involves getting the right activities done to create the right products. To create the right products, the timing of the activities must also be right. This also involves all of the work of all of the people involved in the project. Statement 2 refers to Monitor. Statement 3 and Statement 4 refers to Delegate.

The plan shows how a project should be done. The plan also shows what needs to be done. This stops unnecessary situations or inconveniences from happening. A good example of this is having renters moving into an unfinished house. It ensures that all work is effectively coordinated. Statement 4 refers to Delegate.

These are areas that measure the performance of a project:
(a) Project’s cost
(b) Project’s timescale
(c) Project’s quality
(d) Project’s scope
(e) The risks involved in the project
(f) The benefits gained from the project

How the project manager handles stress is not a part of the list.

The main parts of PRINCE2:
(a) Principles
(b) Themes
(c) Processes
(d) Project environment

These main parts are referred to as the integrated elements. PRINCE2 provides a range of processes with the steps that ensure that the correct management activities are done.

These are the correct processes:
(a) Starting a project
(b) Directing a project
(c) Initiating a project
(d) Controlling a stage
(e) Management of product delivery
(f) Management of stage boundary
(g) Closing project

Controlling a stage covers the day-to-day work of the project manager. The work involves activities such as reporting, delegating work to people, and dealing with various risks and issues. Statement 1 refers to Directing a project. Statement 2 refers to Initiating a project. Statement 4 refers to Managing product deliveries.

Managing a state boundary involves reporting the achievements of each stage. It also involves making a detailed plan for the next stage. Statement 1 and Statement 4 refers to Closing a project. Statement 3 refers to Starting up a project.

These are the correct themes of PRINCE2:
(a) Organization
(b) Quality
(c) Plans
(d) Risk
(e) Change
(f) Business case
(g) Progress

The purpose of themes is to describe how PRINCE2 would recommend carrying out different parts of the project.

These are the correct hierarchy levels in the project management of PRINCE2?
(a) Corporate, Program Management, or Customer
(b) Directing level
(c) Managing level
(d) Delivering level
There are other roles such as project assurance, project support, and change authority.

These management products are products that help the project management team manage their project. Amendments are made to the new version of the document when updates are made.
There are three types of management products: baselines, records, and reports. The plan is an example of a baseline management product.

Baseline management products may involve going through multiple changes during the duration of the project. This may be used by the project team to see how the project has evolved. Statement 1 refers to records. Statement 3 and Statement 4 refer to reports.

These are the correct benefits of PRINCE2:

(a) It is highly beneficial for projects.
(b) It is designed for any type of project.
(c) It can be modified to adapt to different projects.
(d) It provides a common vocabulary of project terms.
(e) It defines the responsibilities of project management.
(f) It focuses on what needs to be done.
(g) It ensures efficiency.
(h) It ensures that the projects provide value
(i) It allows people to improve their management skills.
(j) It provides a theoretical management framework.

Management stages are often called stages. Within a stage, a collection of products is created. The stages may be divided into time periods. Each stage of a project may last for years. This makes it easier for the project manager to look-over each stage. Once a stage is done the project manager will report to the board members who will then authorized the next stage.

There are at least two stages in a PRINCE2 project. A planning stage, which is also called the initiation stage, and the stage where a specialist delivers a product are the two consistent stages in each project. Management stages help with planning and help senior managers who are a part of the project board. These members no longer need to get involved in day-to-day management.

The following are the correct areas where constraint can be set:
(a) Time
(b) Cost
(c) Scope
(d) Quality
(e) Risk
(f) Benefits

Disadvantages is not one of the areas. Exceptions are for situations wherein a certain amount of leeway or tolerances are allowed around these constraints.

PRINCE2 may place some limits on how you tailor techniques. Each theme may be tailored by the project management theme. Applying PRINCE2 may reduce the risks to a certain project. It is said that it is mandatory to tailor the method. Tailoring doesn’t just include increasing or decreasing PRINCE2. It can also involve adapting the method.

These are the correct factors that may influence how PRINCE2 is tailored:
(a) The project management team’s capabilities
(b) The Organization’s maturity
(c) Legal contracts
(d) The environment wherein the project is done in
(e) Whether or not there are pre-existing project management terms

There are only three environments. Program environments is a big project. PRINCE2 can be used to manage individual projects within the program. Commercial Customer and Supplier Environment means a customer is always there and usually pays for the work and a supplier that always provides skills and resources. The agile environment is a collection of approaches in the software industry.

Sprints are iterations that are quite short. These may last around three to four weeks. Statement 2 refers to failing fast. Statement 3 refers to Timeboxing. Statement 4 refers to the backlog. The list of requirements stated is given by the customer. Agile environment prefers to call these requirements user stories.

There are two rules from the Scrum agile approach. The roles regularly used are the scrum master and the product owner. The scrum master leads the scrum delivery team. The product owner does not lead a scrum delivery team but it does represent the customer. Product owners also collate the user stories that are required for certain products

A product brief is a result of mandating the project, expanding the information to provide details to form a solid basis for a decision of whether or not to commission a project. This is the output of the work that goes into a new management product. Product brief is not a role in scrum agile approach. Statement 2 refers to the Initiation stage. Statement 3 refers to authorized initiation.

Appointing a senior-level person to the executive role is the first step for this. Corporate, program management and the customer is allowed to appoint a senior-level person to this role. The person who takes up the role must act as the key decision-maker for the project.

The project mandate answers what, why, when, where, who, and how questions of the project. Creating a project mandate must happen before the project starts. A person or a group of people are assigned to do this. The first set of activities may be all about refining the details of the project or checking if the first set of activities are correct at one time.

There are four different stages of the PRINCE2 process model:
(a) Pre-project – It asks what happens before the project.
(b) Initiation stage – It asks what happens at the start of the project.
(c) Subsequent delivery stage – It asks what happens in the middle of the project.
(d) Final delivery – It asks what happens at the end of the project.

These are the correct principle of the agile approach:
(a) Individuals and interactions > Process and tools
(b) Working products > Comprehensive documentation
(c) Customer collaboration > Contract negotiation
(d) Responding to change > Following the plan

Agile approaches deliver their products over a series of iterations, not all at the end of the project.

These are included in the PID
(a) Project Plan
(b) Approach documents
(c) Business case’s details
(d) The project management team’s information
(e) Project approach details
(f) Project definition
(g) Information on how the project will be controlled and how PRINCE2 will be tailored

These are included in the project definition:
(a) Background of the project
(b) Objectives of the project
(c) The scope of the project

Monitoring the progress of the project is under information on how the information will be controlled. This also includes the reports required for this information.