Posted by Marbenz Antonio on January 30, 2023
PRINCE2® Certification has two levels: Foundation and Practitioner. You can earn the Foundation level certification by passing the Foundation exam, which has no required prerequisites.
To earn the Practitioner credential, the second level of PRINCE2 certification, one must have the PRINCE2 Foundation or similar certification.
Axelos is the certifying organization for PRINCE2, with PeopleCert administering PRINCE2 exams on their behalf. Candidates can sign up for the exam through an ATO like KnowledgeHut, which is an Axelos Certified Partner.
To prepare, one can attend a course with an ATO or self-study, then schedule an online exam through either the ATO or PeopleCert.
The PRINCE2 project management framework is composed of four integrated elements namely:
The weightage given to them in the Foundation Exam is
To pass the Foundation exam, one must be proficient in the Managing Successful Projects with PRINCE2 Manual (2017). The Foundation exam is a necessary step to earn the Practitioner credential, and the knowledge gained will also be relevant for the Practitioner exam.
The Foundation exam has 60 multiple-choice questions and takes 1 hour to complete. The pass rate is 55%. It covers 5 questions on PRINCE2 concepts like project characteristics, performance aspects, integrated elements, benefits, and customer/supplier environment, around 8 questions on Principles, 3-5 questions on each theme, and 2-3 questions on Processes. Each question has four options, so read the question carefully before selecting an answer. There’s no penalty for wrong answers, so attempt all questions.
There are no specific requirements to take the Foundation exam, but it’s recommended to have a basic understanding of project management principles or have completed a general management course, or be working in a support role in an organization.
Passing the Foundation Examination
A sample of the questions is as below:
What is the first step in the recommended risk management procedure?
Circle the bubble fully on the answer sheet provided against the question number with a dark pencil.
The PRINCE2 Foundation certification is globally recognized as the standard project management method for delivering successful projects. PRINCE2 equips you with the skills to plan, initiate, and control projects effectively. The course enhances your ability to communicate with stakeholders and team members. It teaches the application of 7 Principles, 7 Themes, and Processes in executing projects through stages, managing and controlling risks, issues, and resources.
By taking PRINCE2, you also gain the skill of defining the project’s objectives and scope. Clarity of objectives is a key factor in preventing project failure, while an ill-defined scope increases the risk of project failure.
Look at the six main aspects or variables of a project which a Project Manager has to manage.
The Business Case and defining the objectives and scope of the project are the top two priorities. The Business Case, created and strengthened in pre-project processes, outlines the cost and timeline, highlights benefits, and risks, and outlines the product’s quality requirements based on the customer’s expectations and acceptance criteria.
The Business Case and Scope are crucial to project success. The Business Case outlines the cost, timeline, benefits, risks, and quality requirements of the project product based on customer expectations and acceptance criteria. The scope defines the products and their requirements in the project. The Business Case answers “Why” the project is being done, while the scope specifies what the project delivers. As a Project Manager, it is essential to clearly define the project scope and avoid exceeding it to avoid project failure from added costs.
|In Australia||Aus. Dollar 700/=|
|India||Rs 18000 to Rs25000/=|
Passing the PRINCE2 Foundation exam certifies you as a PRINCE2 Foundation professional, improving your career prospects and giving you the skills to manage projects in your organization. With this certification, you will be better at defining project objectives and scope, identifying project requirements and stakeholders, and breaking down the project into manageable components using the Product Breakdown Structure. Furthermore, you will be ready to take on the next level of PRINCE2 certification, the Practitioner Credential Exam.
Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.
For more information, please get in touch with one of our course advisers today or contact us at email@example.com