Episodes

  • PRINCE2 Exam Prep 47, PRINCE2 and Sustainability — 7th Edition Focus

    PRINCE2 Exam Prep 47, PRINCE2 and Sustainability — 7th Edition Focus
    Jun 17 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That PRINCE2 7th Edition integrates sustainability as a seventh core project performance target, alongside cost, time, and quality. - How sustainability targets, covering environmental, social, and economic factors, must be explicitly defined and justified within the Business Case. - That sustainability goals are managed and tracked as project benefits through the Benefits Management Approach. - Why tailoring the sustainability approach to fit the specific context, scale, and impact of a project is a critical skill tested on the exam. - How project sustainability efforts align with broader corporate strategies like ESG reporting and the UN Sustainable Development Goals. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    Show More Show Less
    4 mins
  • PRINCE2 Exam Prep 46, Management Products — Baselines, Records, Reports

    PRINCE2 Exam Prep 46, Management Products — Baselines, Records, Reports
    Jun 16 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Management Products in PRINCE2 are divided into three types: Baselines, Records, and Reports. - Baseline products, like the Project Initiation Documentation (PID), are formally approved, version-controlled, and require a formal change process to be modified. - Records are dynamic, living documents that are updated continuously, such as the Daily Log for informal notes and Registers for tracking specific items like risks and issues. - Reports are point-in-time snapshots of project status, such as the time-driven Highlight Report or the event-driven End Stage Report. - A common exam trap is confusing report triggers; an Exception Report is only created when a stage is forecast to exceed its tolerances, not for every major issue. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    Show More Show Less
    4 mins
  • PRINCE2 Exam Prep 45, Process Model — How Processes Connect

    PRINCE2 Exam Prep 45, Process Model — How Processes Connect
    Jun 15 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Starting Up a Project (SU) is a pre-project process that produces the Project Brief, which triggers Directing a Project (DP). - The Project Board uses Directing a Project (DP) to authorize the initiation stage, which formally triggers the Initiating a Project (IP) process. - The key output of Initiating a Project (IP) is the Project Initiation Documentation (PID), which the board reviews to authorize the project itself. - During delivery stages, the Project Manager's Controlling a Stage (CS) process runs in parallel with the Team Manager's Managing Product Delivery (MP) process. - At the end of each stage, the Project Manager uses Managing a Stage Boundary (SB) to prepare reports and plans for the Project Board to authorize the next stage. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    Show More Show Less
    4 mins
  • PRINCE2 Exam Prep 44, Process — Closing a Project (CP)

    PRINCE2 Exam Prep 44, Process — Closing a Project (CP)
    Jun 14 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The Closing a Project process provides a fixed point to confirm project objectives have been met and products are accepted. - The Project Manager recommends closure, but only the Project Board has the authority to authorize it, a common exam question. - Key outputs include the End Project Report, the Lessons Report, Follow-on Action Recommendations, and the updated Benefits Review Plan. - A frequent exam trap is confusing the update of the Benefits Review Plan during closure with the actual review of benefits, which often happens post-project. - Remember the core activities with the mnemonic PHEAR: Prepare closure, Hand over products, Evaluate the project, And Recommend closure. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    Show More Show Less
    4 mins
  • PRINCE2 Exam Prep 43, Process — Managing a Stage Boundary (SB)

    PRINCE2 Exam Prep 43, Process — Managing a Stage Boundary (SB)
    Jun 13 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The core purpose of the Managing a Stage Boundary (SB) process as a go/no-go decision point for the Project Board. - The key activities in the SB process: Plan the next stage, Update the Project Plan and Business Case, and Report stage end. - The critical difference between creating a Next Stage Plan and an Exception Plan, and what triggers the latter. - How the exam tests the distinction between the Managing a Stage Boundary process and the Closing a Project process. - Common exam traps, such as who approves the next stage and the constant need to verify continued business justification.
    Show More Show Less
    3 mins
  • PRINCE2 Exam Prep 42, Process — Managing Product Delivery (MP)

    PRINCE2 Exam Prep 42, Process — Managing Product Delivery (MP)
    Jun 12 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The core purpose of the Managing Product Delivery (MP) process as the interface between the Project Manager and Team Manager. - The three key activities of MP: Accept a Work Package, Execute a Work Package, and Deliver a Work Package. - The distinction between the Project Manager's role in authorizing work and the Team Manager's responsibility for creating a Team Plan. - How to differentiate between Checkpoint Reports (from Team Manager to Project Manager) and Highlight Reports (from Project Manager to Project Board). - Why completing quality and configuration records is a mandatory part of formally delivering a Work Package. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    Show More Show Less
    3 mins
  • PRINCE2 Exam Prep 41, Process — Controlling a Stage (CS)

    PRINCE2 Exam Prep 41, Process — Controlling a Stage (CS)
    Jun 11 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The purpose of Controlling a Stage (CS) as the Project Manager's day-to-day management activity. - How Work Packages are used to formally authorize work for Team Managers. - The critical difference between a Checkpoint Report (from Team Manager to PM) and a Highlight Report (from PM to Project Board). - When a Project Manager can take corrective action versus when they MUST escalate an exception to the Project Board. - The distinction between a risk (a potential future event) and an issue (an event that has already occurred). For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    Show More Show Less
    3 mins
  • PRINCE2 Exam Prep 40, Process — Initiating a Project (IP)

    PRINCE2 Exam Prep 40, Process — Initiating a Project (IP)
    Jun 10 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The primary purpose of the Initiating a Project (IP) process is to create the detailed foundation, the Project Initiation Documentation (PID), before committing to major project resources. - IP refines the outline business case from the pre-project stage into a detailed business case, justifying the project's continuation. - A core activity is creating the four key management approaches: Risk, Quality, Change Control, and Communication. - The PID is the key output of this process, which is baselined and requires Project Board approval before the first delivery stage can begin. - A common exam trap is confusing the detailed planning in IP with the high-level viability check in the Starting Up a Project (SU) process. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    Show More Show Less
    3 mins