PRINCE2 Practitioner Study: Continued Business Justification (With Mock Questions!)
Hello Students! 😊
Welcome to your PRINCE2 Practitioner Study! Today, we're focusing on Continued Business Justification. Let's dive into this important aspect of your exam preparation.
What is Continued Business Justification?
Continued Business Justification is a core principle of the PRINCE2 methodology. It ensures that a project remains viable and aligned with business goals throughout its lifecycle. This principle requires that projects are reviewed and assessed continually to ensure they still make sense economically and strategically.
Key Learning Items
🌟 Understanding Business Justification: Know how to assess whether the project continues to be viable and worth the investment.
🌟 Applying Business Case Concepts: Learn how to develop and maintain a business case throughout the project.
🌟 Review Techniques: Get familiar with techniques to review and update the business justification at various stages of the project.
🌟 Stakeholder Engagement: Understand the importance of involving stakeholders in the justification process.
Demonstrating Your Knowledge
At this level, you need to show that you can:
1️⃣ Assess and maintain a project’s business justification.
2️⃣ Develop and update a robust business case.
3️⃣ Engage stakeholders effectively in the justification process.
4️⃣ Apply techniques to review the project's alignment with business goals.
Key Things to Remember Before the Exam
✨ Always think about the "why" behind the project. Why is it important? Why should it continue?
✨ Stay familiar with the business case document. This is central to Continued Business Justification.
✨ Remember, this is not a one-time task. Business Justification needs to be reviewed and updated regularly.
✨ Engage with all relevant stakeholders to ensure their needs and expectations are being met.
Mock Questions! 📝
Q1 - What is the primary purpose of Continued Business Justification in PRINCE2?
a) To manage project risks
b) To ensure the project remains aligned with business goals
c) To develop the project schedule
d) To monitor team performance
Q2 - Which document is central to the Continued Business Justification principle?
a) Project Plan
b) Business Case
c) Risk Register
d) Quality Register
Q3 - When should the business justification be reviewed?
a) Only at the start of the project
b) At the start and end of the project
c) Regularly throughout the project
d) Only when requested by stakeholders
Q4 - Who is primarily responsible for maintaining the business justification?
a) Project Manager
b) Project Board
c) Team Manager
d) Quality Manager
Q5 - Which of the following is NOT a factor in assessing business justification?
a) Cost-benefit analysis
b) Risk management
c) Project timeline
d) Team satisfaction
Keep these tips and questions in mind as you study, and you'll be well-prepared for your PRINCE2 Practitioner exam! Good luck, and keep pushing forward! 💪📚