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PRINCE2 7 Principles (Foundation) Flashcards
PRINCE2 7 Foundation Flashcards
Study our PRINCE2 7 Principles (Foundation) flashcards for the PRINCE2 7 Foundation exam with 21+ flashcards. View as flashcards, a searchable table, or as a fun matching game.
| Front | Back |
| Continued Business Justification definition | Project must have and maintain valid justification for investment throughout its life |
| Defined Roles and Responsibilities definition | Establish clear accountabilities and authorities for board managers teams and stakeholders |
| Focus on Products definition | Define and agree required products outputs and acceptance criteria to ensure quality and customer focus |
| How to apply Continued Business Justification | Review and update business case at key points and stop or modify project if justification is no longer valid |
| How to apply Defined Roles | Create and agree roles such as project board project manager and team manager and define tolerances and reporting lines |
| How to apply Focus on Products | Use product descriptions and product based planning to clarify scope and measure quality against acceptance criteria |
| How to apply Learn from Experience | Document lessons at start and end of stages hold regular reviews and integrate lessons into plans and controls |
| How to apply Manage by Exception | Set time cost quality scope risk and benefit tolerances and report exceptions to the project board |
| How to apply Manage by Stages | Break project into stages with stage plans and stage gates for board evaluation and approval before proceeding |
| How to apply Tailor to Suit the Project | Adjust roles artifacts quality controls and management frequency while keeping core principles intact |
| Learn from Experience definition | Use lessons from past projects and during the project to avoid repeating mistakes and to improve performance |
| Manage by Exception definition | Define tolerances and empower managers to operate within them while escalating only significant exceptions to higher authority |
| Manage by Stages definition | Plan execute and control the project in manageable stages to facilitate review and decision making |
| Scenario Continued Business Justification | Market demand drops during development so project board revalidates benefits and decides to reduce scope to restore viability |
| Scenario Defined Roles | Ambiguity caused delays so clarifying the decision authority sped approvals and reduced rework |
| Scenario Focus on Products | Team prioritized building agreed product features resulting in clear acceptance and fewer change requests |
| Scenario Learn from Experience | A repeated defect was found so team updates checklists and quality criteria to prevent recurrence |
| Scenario Manage by Exception | Project manager exceeded cost tolerance so escalated to project board for decision while routine adjustments continued |
| Scenario Manage by Stages | After a stage review risks increased so project board paused to request a revised plan before the next stage |
| Scenario Tailor to Suit the Project | For a small short project governance was simplified with lighter paperwork and weekly check ins to speed delivery |
| Tailor to Suit the Project definition | Adapt PRINCE2 themes processes and controls to the size complexity and risk of the specific project |
About the Flashcards
Flashcards for the PRINCE2 7 Foundation exam give you a concise way to revisit the core PRINCE2 principles that underpin successful project management. Each card distills what the principle means, why it matters, and where it fits in the lifecycle, helping you link theory to the type of questions you will face on test day.
The deck pairs clear definitions with practical "how to apply" guidance and realistic scenarios, so you practice interpreting tolerances, stage gates, and product descriptions just as the exam expects. Review them regularly to lock in terminology, recognise correct governance structures, and decide when to escalate or tailor a process.
Topics covered in this flashcard deck:
- Continued business justification
- Learn from experience
- Roles and responsibilities
- Stage and exception management
- Product focus
- Tailoring to project