PRINCE2 Practitioner Study: Manage by Exception (With Mock Questions!)
Hello, Future PRINCE2 Practitioners! 👋
Welcome to your revision guide for the PRINCE2 Practitioner course, focusing on the "Manage by Exception" principle. I’m excited to help you get prepared for your exam!
PRINCE2 Practitioner Study: Manage by Exception
The "Manage by Exception" principle is a core element of PRINCE2, ensuring that project managers can focus on what really matters by setting clear tolerances for each project level. This means problems are escalated only when they exceed these tolerances.
Key Learning Items
1. Understanding Tolerances: Learn what tolerances are and how they are applied to time, cost, quality, scope, benefits, and risk. 2. Escalation Procedures: Know when and how to escalate issues that exceed tolerances. 3. Responsibilities: Recognize the roles and responsibilities of team members in managing exceptions. 4. Reporting Mechanisms: Understand how to use Highlight Reports and Exception Reports effectively. 5. Corrective Actions: Learn what actions to take when tolerances are breached.
Demonstrating Competence at This Level
At the Practitioner level, you need to show that you can apply the "Manage by Exception" principle in real project scenarios. This includes setting appropriate tolerances, identifying when these are breached, and taking or recommending suitable actions.
Key Things to Remember Before the Exam
📅 Time Management: Allocate your study time wisely, focusing on areas you find challenging. 📘 Understand Key Concepts: Make sure you clearly understand what "Manage by Exception" means and how it fits into the PRINCE2 framework. 💡 Use Mock Questions: Practice with mock questions to get familiar with the exam format. 📝 Review Reports: Go through examples of Highlight Reports and Exception Reports. 😴 Rest Well: A good night’s sleep before the exam will help you stay sharp and focused.
Example Multiple Choice Questions
Q1 - Which document is used to report to the Project Board when tolerances are exceeded?
a) Risk Register
b) Highlight Report
c) Exception Report
d) Business Case
Q2 - What is a tolerance in the context of PRINCE2?
a) A measure of flexibility in project objectives
b) A fixed project deadline
c) A mandatory project requirement
d) An optional guideline
Q3 - When should an Exception Plan be created?
a) At the start of the project
b) When the Project Board requests it
c) When an exception is forecasted
d) After the project closes
Q4 - Who is responsible for escalating an issue that exceeds tolerances?
a) Team Manager
b) Project Assurance
c) Project Manager
d) Executive
Q5 - Which of the following is NOT a type of tolerance in PRINCE2?
a) Time
b) Cost
c) Quality
d) Resources
I hope this guide helps you feel more confident about the "Manage by Exception" principle. Good luck with your studies and your exam! 🌟
Feel free to reach out if you have any questions. You're doing great! 😊