Prince2 7 Foundation · Free Practice Question Easy
Question 27
Which aspect of project performance must be managed in order to have a clear understanding of whether a given project is affordable for an organization?
- A Timescale
- B Scope
- C Risk
- D Costs
Reveal correct answer
Correct answer: D
Explanation
OBJ 1.1: There are six variables involved in any project: costs, scope, timescales, quality, benefits, and risks. Cost defines how many monetary resources are required for a given project. The project has to be affordable and, though we may start out with a particular budget in mind, there will be many factors that can lead to overspending and, perhaps, some opportunities to cut costs.Discussion
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