PRINCE2 – Foundation Exam Exam

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In PRINCE2, what is the significance of having a defined start and end for a project?

It allows projects to be flexible in timing
It helps in measuring project success
It reduces the need for continuous reporting
It avoids the need for project evaluations

The correct answer is: It helps in measuring project success

Having a defined start and end for a project is crucial as it establishes clear boundaries for the project. This clarity not only demarcates the project timeline but also provides a framework for measuring project success against predetermined objectives. By defining what the project aims to achieve and when it will be completed, stakeholders can evaluate the extent to which the project meets its goals, timelines, and budget. This measurement is essential for assessing overall project performance and making informed decisions about future projects or improvements. In contrast, while flexibility in timing may seem advantageous, having a defined timeframe actually helps to ensure that a project remains focused and within scope. Continuous reporting and project evaluations, though important, are not eliminated by having defined start and end points; rather, they are enhanced, as these evaluations can be benchmarked against the clearly articulated project objectives and timelines.