Exam PRINCE2-Foundation topic 1 question 436 discussion

B is correct; Why other options are not minimum requirements: A. A project plan: While a project plan is important, it's not the specific control mechanism for managing progress. C. An issue register: This is used to record and track issues, but it's not the primary control for managing progress against tolerances. D. Highlight reports: These are used to communicate progress to the project board, but they are not the control mechanism itself.

In PRINCE2, the 'progress' theme requires setting and managing tolerances as a minimum control to ensure the project stays within defined limits. Tolerances provide boundaries for time, cost, quality, scope, risk, and benefits, and enable the Project Board and other stakeholders to monitor the project’s progress without intervening unless these limits are exceeded. This control allows the Project Manager to manage day-to-day progress while keeping the Project Board informed about any deviations.

B. Tolerances In PRINCE2, tolerances are essential for managing progress. They define the permissible limits for deviations from the project's plan and are used to monitor and control performance. Tolerances help determine when an issue should be escalated to the next level of management if deviations exceed the allowed limits. This allows for effective management of progress and ensures that the project remains on track.

B. To be following PRINCE2, a project must, as a minimum: •define its approach to controlling progress in the PID •be managed by stages (PRINCE2’s manage by stages principle) •set tolerances and be managed by exception against them (PRINCE2’s manage by exception principle) •review the business justification when exceptions are raised (PRINCE2’s continued business justification principle) •learn lessons (PRINCE2’s learn from experience principle).

Tolerances is not a control