PRINCE2 – Foundation Exam Exam

How does PRINCE2 generally define a project?

1. A temporary organization for daily operations

2. A permanent organization for product development

3. A temporary organization for delivering business products

4. A collaborative group for problem-solving

The correct answer is: A temporary organization for delivering business products

PRINCE2 defines a project as a temporary organization for delivering business products. This perspective encompasses several key attributes of what constitutes a project within the PRINCE2 framework. A defining feature of a project is its temporary nature; it exists for a specific duration and is intended to achieve particular objectives within that timeframe. This means the project has a defined start and end, distinguishing it from ongoing operational activities, which are continuous in nature. Additionally, delivering business products is central to a project's purpose. In PRINCE2, a product is anything that is a result of the project's activities, whether it be a tangible product, a report, or a service. The focus on delivering these products is essential for meeting stakeholder needs and achieving business objectives, reinforcing the idea that projects must create value. The other options do not align with the PRINCE2 understanding of a project. A temporary organization for daily operations misunderstands the fundamental role of projects, which is not operational and ongoing. A permanent organization for product development suggests continuity rather than the temporary aspect intrinsic to projects. Lastly, a collaborative group for problem-solving does not adequately capture the broader scope and objectives of a project as defined in PRINCE2, which emphasizes structured planning and delivery of