PRINCE2 – Foundation Exam Exam

Which of the following are the six aspects of project performance to be managed in PRINCE2?

1. Time, cost, scope, quality, benefits, risk

2. Time, resources, scope, quality, outcomes, constraints

3. Time, budget, efficiency, quality, value, plan

4. Time, cost, scope, quality, profit, risk

The correct answer is: Time, cost, scope, quality, benefits, risk

The six aspects of project performance to be managed in PRINCE2 are indeed captured by the elements of time, cost, scope, quality, benefits, and risk. Time represents the schedule for the project, outlining when deliverables are to be completed. Cost reflects the budgetary constraints and financial resources needed to complete the project. Scope defines the boundaries of the project, detailing what is included and what is excluded from the project deliverables. Quality ensures that the project's outcomes meet the required standards and fulfill stakeholder expectations. Benefits refer to the positive outcomes or value that the project aims to deliver, emphasizing the importance of achieving these advantages over merely completing the project tasks. Finally, risk management involves identifying, analyzing, and responding to potential challenges that could impact project success. The other options include terms that do not fully align with the official terminology and principles of PRINCE2, such as "outcomes," "constraints," "profit," and "efficiency," which are either too vague or do not capture the complete framework as outlined in PRINCE2. By focusing on the specific aspects mentioned in the correct choice, PRINCE2 provides a comprehensive approach to managing the necessary dimensions of a project to ensure overall success.