PRINCE2

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PRINCE2 Foundation Exam Study Guide 2008 Edition & 75 Practice Questions


Derived from the earlier PRINCE technique, PRINCE2 was first released in 1996 as a generic project management method. A revision was then released in 2005 by the Office of Government Commerce. There is yet another revision coming in 2008/09.

You may think of Prince2 as a process-based approach for PM method which follows a well structured framework. It describes procedures to coordinate people and activities in a project, how to design and supervise the project, and what to do if the project has to be adjusted if it does not work out as planned.

As a process-driven PM method, PRINCE2 has become the de facto standard for project management in the UK and in many other countries. Certification can be obtained through passing the multiple choice based Foundation exam and the essay based Practitioner exam.

PRINCE2 covers eight major processes, which are: i, Starting Up a Project (SU); ii, Planning (PL); iii, Initiating a Project (IP); iv, Directing a Project (DP); v, Controlling a Stage (CS); vi, Managing Product Delivery (MP); vii, Managing Stage Boundaries (SB); and viii, Closing a Project (CP). Mastery of these topics is required for passing the PRINCE2 exams. Within these 8 processes there are  45 separate sub-processes. To pass the exam you need to know these processes inside and out.

To become a Registered Practitioner, you have to first sit the Foundation Exam and then the Practitioner Exam. You are not allowed to sit the Practitioner exam without first having passed the Foundation exam. However, you do not have to take a course to sit the examinations

The foundation exam is a Multiple-choice closed book exam with 75 questions. You need to gain 50% in order to pass. Our PRINCE2 Foundation Study Guide enhances your exam readiness for the foundation exam by covering the various PRINCE2 theories and techniques as well as providing you with readings on the relevant disciplines, just to ensure that you won't get caught unprepared. By helping you truly build up a competitive PRINCE2 mindset, your ability to pick the BEST choice out of a number of valid but inferior choices is guaranteed.

 

Table of Contents

EXAM FORMAT
ABOUT THIS BOOK
EXAM TOPICS
EXAM REGISTRATION CONTACTS
STUDY PSYCHOLOGY & EXAM TACTICS

PROJECT MANAGEMENT
PROJECT MANAGEMENT DEFINED
THE PRINCE2 FRAMEWORK
PROJECT MANAGER AND THE STAKEHOLDERS
TYPICAL PROJECT MANAGER RESPONSIBILITIES
PROJECT DOCUMENTATION
MAJOR PRINCE2 PROJECT STAGES
SU
PL
IP
DP
CS
MP
SB
CP
END STAGE ASSESSMENT
POST PROJECT REVIEW 
THE EARLIER STAGES OF YOUR PROJECT
PROJECT SCOPE MANAGEMENT
THE PROJECT PLAN
WBS
PROJECT COORDINATION
PROJECT CONTROL
INTEGRATED CHANGE CONTROL
SCOPE CHANGE CONTROL
TIME CONTROL
PROJECT TIME MANAGEMENT
COST CONTROL
QUALITY CONTROL
CLOSING PROCESSES
 

RISK MANAGEMENT
RISK MANAGEMENT DEFINED
THE RISK MANAGEMENT STEPS
RISK MANAGEMENT AND THE PROJECT MANAGER
BCP DEFINED
BCP VS BPCP VS DRP
BCP PHASES
THE RISK ASSESSMENT FLOW
RISK VS THREAT AND VULNERABILITY
IDENTIFYING RISKS
LOSS CALCULATIONS
BUSINESS IMPACT ANALYSIS DEFINED

CHANGE AND COMMUNICATION MANAGEMENT
DEFINING CHANGE MANAGEMENT
THE IMPORTANCE OF COMMUNICATION STRATEGIES IN CHANGE MANAGEMENT
CHANGE MANAGEMENT STRATEGIES

QUALITY MANAGEMENT
QUALITY ASSURANCE, CONTROL AND MANAGEMENT
TQM
SIX SIGMA
STATISTICAL PROCESS CONTROL
CONTROL CHARTS
QUALITY STANDARDS
QUALITY IN PRINCE 2
QUALITY REVIEW

PROCUREMENT MANAGEMENT
QUOTATIONS AND TENDERS
BUSINESS CONTRACTING
CONTRACT ADMINISTRATION
VENDOR MANAGEMENT

75 PRACTICE QUESTIONS

 

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