PRINCE2 – Foundation Exam Exam

What is a purpose of the Initiating a Project process?

1. Establish project governance

2. Understand the work required to deliver the project's products

3. Define the project budget

4. Develop team management strategies

The correct answer is: Understand the work required to deliver the project's products

The purpose of the Initiating a Project process is fundamentally about understanding and delineating the work required to deliver the project's products effectively. During this phase, the focus is on defining the project scope, which includes specifying what needs to be achieved and the products that need to be created. This allows for a clear understanding of objectives and aids in organizing the task structure. By carefully analyzing what products are to be delivered, the project team can determine the resources and timelines necessary for successful completion. This comprehensive understanding is critical for later phases of the project, as it sets the groundwork for planning, risk management, and ensuring that the project aligns with the stated goals and objectives. The completion of this process establishes a clear vision for the project, which is essential for effective execution and control. The other options, while important aspects of project management, are not the main focus of the Initiating a Project process. Establishing project governance is typically discussed in the context of broader project management frameworks, while defining the project budget and team management strategies are usually handled in subsequent planning phases once the foundational understanding of the project work has been established.