PRINCE2® 6th Edition Foundation E-learning (with exam)

Learning Objectives

This module is designed to welcome students to the PRINCE2 6th Edition Foundation course. It includes a navigation video, as well as a course breakdown and lesson plan to give candidates structure on how to study for PRINCE2 exams. Students will also come to understand exactly who can benefit from taking this course and utilizing the methodology.

Introduction to PRINCE2
Breakdown of the course
Lesson plan
Benefits of this course
Benefits of PRINCE2

Learning Objectives

The purpose of this module is to help students understand the features and benefits of PRINCE2.

By the end of the module, students should be able to recall the integrated elements of the methodology, including:

Principles
Themes
Processes
The Project Environment

Learning Objectives

This module goes into detail on the key concepts of PRINCE2. By the end of the module, students should be able to recall:

The definitions and characteristics of a 'project'
The six aspects of project performance to be managed
What makes a project a 'PRINCE2 project'

Students will also learn to describe the customer/supplier context on which PRINCE2 is based, including which considerations to take into account when undertaking projects in a commercial environment.

Learning Objectives

This module looks at the seven ‘Principles’ of the methodology. These include:

Continued Business Justification
Learn from Experience
Defined Roles and Responsibilities
Manage by Stages
Manage by Exception
Focus on Products
Tailor to Suit the Project

By the end of the module, students should be able to recall and explain the purpose of each Principle.

Learning Objectives

This module looks at the seven ‘Processes’ of PRINCE2. By the end of the module, students should be able to explain the purpose, objectives, and context of each Process, including:

Starting up a Project (including the purpose of the 'project brief')
Directing a Project (including the purpose of the 'project initiation documentation (PID)')
Initiating a Project
Controlling a Stage
Managing Product Delivery
Managing a Stage Boundary
Closing a Project

Learning Objectives

This module is all about understanding the ‘Themes’ of the methodology and how they are applied throughout a project.

Business Case - Students will be able to explain the purpose of the 'Business Case' Theme, including business cases and the benefits management approach. They will also be capable of describing PRINCE2’s minimum requirements for applying the Business Case Theme.

Finally, they will be able to define the key concepts related to business justification, as well as the differences between them, including:

Outputs
Outcomes
Benefits
Dis-benefits

Organization - Students will come to understand the purpose of the 'Organization' Theme, as well as the communication management approach. By the end of the section, students should be able to describe what PRINCE2 requires, as a minimum, for applying the Organization Theme.

They will also know the roles and responsibilities for the Theme (some of which may be combined), including:

Project board
Executive
Senior user
Senior supplier
Project assurance
Change authority
Project manager
Team manager
Project support

Finally, students will be able to explain the key concepts related to the Organization Theme, including the Stakeholder and the three ‘Project Interests’ (and how they are represented within the four levels of management).

Quality - Students will be able to explain the purpose and contents of the 'Quality' Theme, including:

The product description
The project product description
The quality management approach
The quality register

By the end of the section, students will be able to describe the methodology's minimum requirements for applying the Quality Theme. They will also be capable of explaining the key concepts related to Quality, along with the differences between them:

Quality planning and quality control
Project assurance and quality assurance
Customer quality expectations and acceptance criteria

Plans - Students will be able to explain the purpose and contents of the 'Plans' Theme, including:

The project plan
The stage plan
The exception plan
The team plan

By the end of this section, students should be able to describe the methodology's minimum requirements for applying the Plans Theme. Students will also be able to recall the steps described in the recommended approaches for planning, defining, and analyzing products. Finally, students should also be able to explain which factors to consider when structuring a project into management stages.

Risk - Students will be able to explain the purpose and contents of the ‘Risk’ Theme, as well as:

A risk budget
The risk management approach
A risk register

By the end of this section, students will be able to describe PRINCE2's minimum requirements for applying the Theme, as well as the methodology's recommended risk management procedure. They will also be able to define the key concepts related to Risk, as well as the differences between them:

Risks as ‘Threats’ or ‘Opportunities’
Recommended risk response types
Risk owners
Risk actionees
Causes, events, and effects
Risk probability
Risk impact
Risk proximity

Change - Students will learn to explain the purpose of the 'Change' Theme, including the purpose of:

Change budget
Change control approach
Configuration item record
Issue register
Issue report
Product status account

By the end of the section, students will be able to describe the methodology's minimum requirements for applying the Change Theme. They will also be able to describe the types of issues associated with the Theme, as well as the recommended issue and change control procedure.

Progress - Students will be able to explain the purpose of the ‘Progress’ Theme, as well as:

The daily log
Lessons log
Lessons report
Work package
End-stage report
End project report
Checkpoint report
Highlight report
Exception report

By the end of the section, students will be able to describe the methodology's minimum requirements for applying the Progress Theme. They will also be able to explain key concepts relating to Progress, including:

Event-driven and time-driven controls
Tolerances and exceptions (including how tolerances are set and exceptions are reported)

Learning Objectives

This module looks at the PRINCE2 practice of ‘Tailoring’. Students will learn about:

Which aspects of a project can be tailored
Who is responsible
How tailoring decisions are documented

Learning Objectives

Here, we offer students the chance to put into practice what they have learned so far on managing successful projects with PRINCE2. These practice exams are designed to simulate the conditions of the official Foundation examination. They also outline the rationale behind correct answers and how they relate to the key points covered in the course.

When you feel you are ready to sit the exam, simply contact Good e-Learning to request your FREE exam voucher.

PRINCE2 is a project management methodology owned by AXELOS. It is a best practice framework offering tools and insight to help managers ensure that projects are completed on time and within budget.

PRINCE2 projects have defined lifecycles and business products, corresponding activities which can achieve them, a specified amount of resources, and an organizational structure with strictly defined responsibilities.

At the heart of every PRINCE2 project lies the 'business case', which must show that the benefits of the project are worth the effort and expenditure.

According to Payscale, certified PRINCE2 users can earn between $53,000 and over $217,000 (or £26,000 and £107,000). Salaries depend on each candidate's role, level of experience, and location.

PRINCE2 offers proven best practices for project management. Users can enjoy greater control, clarity, and focus alongside improved stakeholder representation and risk management.

The methodology also relies on the 'business case' of a project throughout to ensure that the project remains viable.

The PRINCE2 Foundation exam is closed-book. It features 60 multiple-choice questions and lasts 60 minutes. The pass mark is 55%.

After passing this exam, a student can then move on to the PRINCE2 Practitioner exam. This is an objective testing exam featuring 68 multiple-choice questions. The exam is open-book, lasts 150 minutes, and has a pass mark of 55%.

With project management being such an essential element of modern business, PRINCE2 can be used by virtually any organization in any industry. It is also extremely useful for both experienced and prospective project managers.

PRINCE2 certification requirements are quite straightforward. Students start with the Foundation exam, after which they move on to PRINCE2 Practitioner.

PRINCE2 Agile qualifications can also serve as prerequisites for PRINCE2 exams and vice versa.

AXELOS is a joint venture company that offers a number of best practice frameworks, including PRINCE2, PRINCE2 Agile, MSP, ITIL 4, and AgileSHIFT

PRINCE2 can be used with a number of other frameworks, including MSP and ITIL 4.

Candidates have access to our PRINCE2 course material for six months with both the Foundation and Practitioner courses. The combined course suite offers 12 months of access.

This is intended to give candidates enough time to structure their training around other commitments. Candidates who feel they are ready to sit an exam can do so at any time as long as they meet the prerequisites.

While Foundation certifications do not expire, PRINCE2 Practitioner certifications do so after three years.

Candidates can retake the Practitioner exam before the expiry date or use CPD points and a digital badge to maintain their certification. The latter option requires candidates to purchase a subscription to MyPRINCE2, which incurs a cost of £50 + VAT per year.