PRINCE2 PRINCE2 Foundation
- Exam: PRINCE2-Foundation (PRINCE2 Foundation)
- Certification: PRINCE2 Foundation
- Certification Provider: PRINCE2
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The PRINCE2 Foundation certification helps specialists gain the necessary skills to manage projects. Also, it helps them understand the newest project management tools and which procedures they can use to improve their business processes.
Target Audience for PRINCE2 Foundation Certification
The ideal candidates for this certificate are new and experienced individuals who are part of different project teams. Also, the exam necessary to gain this certification is dedicated to contract staff or consultants who operate in a PRINCE2 environment. This designation also targets project and program managers. The ideal applicants for this certification are not only formed by team managers and support staff but also the staff who want to define their roles in a project team that works in a PRINCE2 environment.
Details of PRINCE2 Foundation Certificate
The PRINCE2 Foundation test is one of the two steps that individuals need to pass if they want to become a Registered PRINCE2 Practitioner. The certification exam evaluates the candidates’ ability to work as an informed member of a project management team and know how to use the PRINCE2 methodology in a project environment. When it comes to the exam structure, the candidates will have 60 minutes to answer 60 questions. This is a closed-book test during which the applicants need to answer correctly to 55% of all inquiries. As for the prerequisites, the test-takers should have a basic understanding of how Project Management works. Still, this is not a formal condition but rather a recommendation.
Topic Tested During PRINCE2 Foundation Certification Exam
The individuals who are interested in obtaining the PRINCE2 Foundation designation will need to demonstrate that they possess the following skills:
- They know how to describe the major content and purpose of all roles as well as understanding the seven principles, themes, and processes.
- The candidates should be able to state which management products are input to and which of them are output from the seven processes.
- The applicants need to know how to state the key contents, the main purpose, and the most important management products.
- The exam-takers have to state the relationship between deliverables, processes, roles, and the management dimensions of a project.
In particular, the candidates will need to specifically recall and effectively manage the six aspects of project management. Also, they should know how to define a project and understand the four integrated elements of themes, principles, processes, and a PRINCE2 project environment. Moreover, the candidates will be asked about their expertise in the customer or supplier context of a PRINCE2 project. Besides, the exam-takers will need to be able to identify the benefits of using PRINCE2 features, the characteristics of a project, and the seven principles.
When it comes to the business case theme, the candidates will be required to specifically recall the definition of a project outcome, output, benefits, and dis-benefits. They should also identify the purpose of a business case and this of a review plan.
The syllabus of the organization theme includes topics related to the roles within an organization theme. Also, the exam-takers should know how to identify the purpose of an organization theme. Besides, they should understand how the three project interests work and how they are represented within the project management three levels and team structure. The candidates will also find questions that test their understanding of the responsibilities and characteristics that the role of a Project Manager has. They should also demonstrate that they know what a stakeholder is and what the purpose of a Communication Management Strategy is.
The syllabus for the quality theme evaluates the candidates’ knowledge of the recommended quality review team roles. They should also demonstrate that they understand the purpose of a quality theme and can make the difference between Project and Quality assurance. Then, the exam-takers should know to define the objectives of a quality review technique and the difference between quality control, planning, and assurance. They should also understand the project product description.
Some of the questions included in the PRINCE2 Foundation exam test the examinees' capacity to recall the plan levels recommended by PRINCE2 and the tasks of product-based planning. They should also demonstrate that they can identify the purpose of the plans theme and the purpose of stage plans. They should be able to perform the tasks within a product-based planning technique.
The risk theme syllabus assesses the candidates’ ability to define the risk and make the difference between opportunity and threat. What’s more, the candidates should know how to make the difference between different types of risk responses and determine whether they are used to respond to an opportunity or threat. Next, the examinees should gain knowledge of establishing the risk between the risk actionee and the risk owner. Within this topic, the exam-takers will be asked to determine the purpose of a risk theme and define the steps that follow the risk management procedure. Lastly, they should keep in mind how to establish a risk budget and determine the risk probability and proximity.
The change theme evaluates the candidates’ ability to recall the types of issues and typical activities of management procedure configuration. Besides, the examinees should know how to identify the purpose of a change theme & budget and how to determine the steps in the recommended change control procedure.
Other topics tested within this exam focus on recalling the lines of reporting and authority between all the levels of management. Also, applicants should know how to start up a project including identifying its purpose and objectives. Plus, the exam-takers will receive questions on directing a project, which means that they should know how to define the purpose, context, and objectives of the process. Besides, the candidates have to understand how to initiate a project, control its stages, manage the product delivery and stage boundary, as well as close a project within a PRINCE2 environment.
Career Opportunities for PRINCE2 Foundation Validation
The individuals who succeed in passing the PRINCE2 Foundation certification exam can apply for different roles such as:
- Project Managers;
- Project Consultant.
According to Payscale.com, the average salary that a Project Manager can get annually stays around $75k while a Project Consultant can earn a salary of $84k per year.
Once an individual gets the PRINCE2 Foundation designation, s/he should move to the next level and get the PRINCE2 Practitioner certificate. Thus, by earning these two evaluations, the specialist will become a Registered PRINCE2 Practitioner.
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