PRINCE2® 7 Foundation

PRINCE2 is a globally recognised project management methodology that offers a structured, scalable, and customisable approach. Distinguished by its robust focus on governance, risk management, and benefits realisation, PRINCE2 incorporates agile concepts to enhance flexibility across diverse project environments.

The latest edition, PRINCE2 7, responds to recent shifts in the project management sector by adapting to new working practices and technologies.

This course will equip you with a deep understanding of:

• The definitions and characteristics that define a project.
• Distinctive features that make a project align with PRINCE2 standards.
• The comprehensive benefits and features of PRINCE2.
• The essential role of project management within this framework.
• The seven critical aspects of project performance that PRINCE2 manages.
• Core PRINCE2 principles that guide the methodology.
• The integrated elements of PRINCE2, encompassing themes, principles, and processes.
• A thorough overview of the PRINCE2 processes.
• Understanding the user/supplier context within PRINCE2 projects.
• Skills in applying and tailoring PRINCE2 to various project environments.

• PRINCE2 is globally renowned as one of the leading project management methodologies.
• Good e-Learning is recognised as an award-winning provider of online training courses.
• The course includes comprehensive knowledge checks and a practice exam simulator to enhance students' preparation for the PRINCE2 certification exams. Expert tutor support is available to assist learners throughout their study journey.
• Participants will benefit from interactive slides, instructor-led videos, and other dynamic online training resources, all developed with input from seasoned PRINCE2 practitioners and subject matter experts.
• Each student receives 6 months of course access along with a FREE exam voucher, subject to terms and conditions.
• This PRINCE2 7 Foundation course is accredited by PeopleCert.

Module 0: Welcome to PRINCE2 7 Foundation

Module zero introduces you to the course main features, learning plan, aims and objectives, and structure.

It also offers a diagram and tables pack, a glossary, and a course guide, which contains a syllabus, exam information, and some of the most frequently asked questions about PRINCE2 Foundation.

Module 1: Key concepts

Module 1 defines key concepts related to project management, including the integrated elements of PRINCE2, the definition of a project and project management, the aspects of project performance to be managed, and the definition of delivery approaches.

The module also explains the common reasons why project management is used, common challenges that PRINCE2 is designed to address, the characteristics of a project, the project environment, and the features and benefits of PRINCE2.

Module 2: Principles

Module 2 describes the PRINCE2 principles:

• Ensure continued business justification

• Learn from experience

• Define roles, responsibilities and relationships

• Manage by exception

• Manage by stages

• Focus on products

• Tailor to suit the project

It also explains how and why the principles provide the basis of applying PRINCE2, which factors influence the way the PRINCE2 method can be tailored and applied, who's responsible, and how tailoring decisions are documented.

Module 3: People

Module 3 focuses on the people element of PRINCE2, defining key concepts and the difference between people within the project and people affected by the project, and between leadership and management.

It also explains the purpose of the management products required to support the people element of projects, and how people aspects integrate with other PRINCE2 elements.

Module 4: Introduction to PRINCE2 practices

Module 4 provides an overview of the PRINCE2 practices. It also explains the purpose of PRINCE2 management products, including the project initiation documentation (PID) and project log.

Module 5: The business case practice

Module 5 focuses on the business case practice. It starts by defining the key concepts related to the practice and explaining its purpose.

It then provides guidance for effective management of the business case, including the business case lifecycle, aligning products to business objectives and tolerances, and establishing business justification.

The module also describes the PRINCE2 technique for the business case practice, explains the purpose of the key management products required to support the practice, and describes the practice's key relationships with the PRINCE2 principles.

Module 6: The organising practice

Module 6 focuses on the organising practice. It starts by defining the key concepts related to the practice and explaining its purpose.

It then provides guidance for effective organising of the three project interests, PRINCE2 roles, and work breakdown structure.

The module also describes the PRINCE2 technique for the organising practice, explains the purpose of the key management products required to support the practice, and describes the practice's key relationships with the PRINCE2 principles.

Module 7: The plans practice

Module 7 focuses on the plans practice. It starts by defining the key concepts related to the practice and explaining its purpose.

It then provides guidance for effective management of plans, explaining the planning horizon, project stages, product-based planning, using tolerances to manage constraints, and delivery sustainability.

The module also describes the PRINCE2 technique for the plans practice, explains the purpose of the key management products required to support the practice, and describes the practice's key relationships with the PRINCE2 principles.

Module 8: The quality practice

Module 8 focuses on the quality practice. It starts by defining the key concepts related to the practice and explaining its purpose.

It then provides guidance for effective management of quality, covering user quality expectations, acceptance criteria, quality specifications, and requirements.

The module also describes the PRINCE2 technique for the quality practice, explains the purpose of the key management products required to support the practice, and describes the practice's key relationships with the PRINCE2 principles.

Module 9: The risk practice

Module 9 focuses on the risk practice. It starts by defining the key concepts related to the practice and explaining its purpose.

It then provides guidance for effective management of risk, covering risk planning, analysis, control and culture, along with decision bias, recommended risk response types, and use of data.

The module also describes the PRINCE2 technique for the risk practice, explains the purpose of the key management products required to support the practice, and describes the practice's key relationships with the PRINCE2 principles.

Module 10: The issues practice

Module 10 focuses on the issues practice. It starts by defining the key concepts related to the practice and explaining its purpose.

It then provides guidance for effective management of issues, covering baselines, issue resolution, change control, delegating authority for changes, and the change budget.

The module also describes the PRINCE2 technique for the issues practice, explains the purpose of the key management products required to support the practice, and describes the practice's key relationships with the PRINCE2 principles.

Module 11: The progress practice

Module 11 focuses on the progress practice. It starts by defining the key concepts related to the practice and explaining its purpose.

It then provides guidance for effective management of progress, covering tolerances for progress control, types of control reviewing and reporting progress and lessons, forecasting, escalating, and the use of data and systems in progress management.

The module also describes the PRINCE2 technique for the progress practice, explains the purpose of the key management products required to support the practice, and describes the practice's key relationships with the PRINCE2 principles.

Module 12: PRINCE2 processes

Module 12 explains the purpose, objectives, and context of the PRINCE2 processes:

• Starting up a project

• Directing a project

• Initiating a project

• Controlling a stage

• Managing product delivery

• Managing a stage boundary

• Closing a project

Module 13: Practice exams

Module 13 contains two practice tests provided by PeopleCert.

Module 14: PRINCE2 7 Foundation wrap-up

Module 14 provides information on booking the exam and other courses of interest.

Exams can be conveniently taken online using a service facilitated by PeopleCert.

This course includes practice exams to ensure thorough preparation, accompanied by a FREE exam voucher.

Before scheduling your exam, ensure your device meets the required technical standards. For detailed technical specifications and guidelines, please consult the PeopleCert website.

While voucher requests are typically processed within 2 working days, we ask you to allow up to 5 days.

Remember to request your exam voucher during the access period for the course, which begins on the date of your purchase. For additional assistance, refer to the GEL Support & FAQs page.

PRINCE2 7 Foundation Exam:

• Type: Multiple choice

• Number of questions: 60

• Duration: 60 minutes

• Format: Closed book

• Pass mark: 55%

What is PRINCE2? 

PRINCE2 (Projects IN Controlled Environments) is a widely recognised project management methodology owned by PeopleCert. It is structured to provide project managers with the essential tools and insights needed to deliver projects efficiently within set timelines and budgets. Its comprehensive approach is designed to minimise risks while maximising project outcomes.

What is the functionality of PRINCE2? 

PRINCE2 is built on a foundation of controlled stages, clear roles and responsibilities, and a business case that justifies the project throughout its lifecycle. Each project under PRINCE2 follows a systematic approach with predefined processes that guide the project from initiation through to closure, ensuring consistent oversight and alignment with the project objectives.

What is the value of PRINCE2 certification? 

Holding a PRINCE2 certification is highly regarded in the project management industry. Salary surveys, such as those from Payscale, show that PRINCE2-certified professionals can expect to earn between $53,000 and over $217,000 annually, depending on their role, experience, and geographical location. This certification opens doors to advanced project management roles and increases job prospects significantly.

What are the business benefits of PRINCE2 Organisations implementing PRINCE2 can expect enhanced project management efficiency, including:

• Better Cost Efficiency: PRINCE2's focus on the business case ensures that all projects are aligned with the organisation’s financial goals.

• Improved Risk Management: Through systematic processes, PRINCE2 helps identify potential risks early, allowing for effective mitigation strategies.

• Enhanced Stakeholder Engagement: Clear roles and responsibilities ensure everyone involved understands their tasks and contributions.

What are the PRINCE2 examination details?

• Foundation Level: The PRINCE2 Foundation exam is an hour-long multiple-choice test consisting of 60 questions, with a pass mark of 55%. It is closed-book, testing a candidate’s understanding of the framework basics.

• Practitioner Level: After passing the Foundation exam, candidates can proceed to the PRINCE2 Practitioner exam. This is an open-book test lasting 150 minutes and comprising 68 questions, with a required pass mark of 60%. It tests the ability to apply PRINCE2 to real-world scenarios.

Who Should Use PRINCE2? 

PRINCE2 is versatile, suitable for anyone involved in project management, regardless of industry sector. It benefits both new and experienced project managers by providing a rigorous, process-driven approach to project management that is replicable in various project environments.

What is the PRINCE2 certification pathway? 

The pathway starts with the PRINCE2 Foundation, progressing to the PRINCE2 Practitioner. For those interested in combining agile methodologies with traditional project management, the PRINCE2 Agile® tracks are available, which can complement or serve as an alternative pathway.

What are complementary frameworks for PRINCE2? 

PRINCE2 works well alongside other management frameworks like MSP® (for programme management) and ITIL® 4 (for IT service management), offering a robust suite of governance across various organisational functions.

How long is PRINCE2 certification valid for? 

PRINCE2 qualifications are valid for three years, with the option to extend or reactivate by taking another PeopleCert-accredited exam.