Exam PRINCE2-Foundation topic 1 question 527 discussion

The correct answer is B. Initiating a project. During the initiating phase, key information is gathered and presented to the project board to help them decide whether to proceed with the detailed planning of the project. This phase includes defining the project's objectives, scope, and key stakeholders, and preparing the business case or project brief for approval.

In PRINCE2, Starting up a project is the process where the project manager defines key information, such as the project's objectives, scope, and potential benefits. This information allows the project board to make an informed decision about whether to proceed with more detailed planning. During this process, the project board assesses the project’s viability and whether it aligns with the organization's strategy and goals.

The activity described relates to the ‘starting up a project’ process, specifically the preparation of the Project Brief, which provides the key information required for the project board to decide whether to proceed to the ‘initiating a project’ process.

A. B. Initiating a project: This process involves detailed planning, which happens after the project board has given the go-ahead in the 'starting up a project' process. C. Directing a project: This process is about the project board's overall guidance and authorization of the project, not the initial decision to proceed with detailed planning. D. Managing a stage boundary: This process occurs at the end of each stage, not at the very beginning of the project.

A. Starting up a Project process involves defining the key information necessary to justify and assess whether the project should proceed to the next stage (i.e., to initiate the project in more detail). This includes compiling the Project Brief, which contains high-level information about the project, including objectives, scope, risks, costs, and potential benefits. The goal is to provide the Project Board with enough information to make a decision on whether to move forward with detailed planning.