Which statement about the 'manage by stages' principle is CORRECT?
The 'manage by stages' principle in PRINCE2 dictates that the end of each stage provides a control point at which the project board can review progress, reassess project viability, and decide on the next steps. This approach allows for regular monitoring and decision-making, ensuring that the project remains aligned with its objectives and within its tolerances. Reference: PRINCE2 7 Foundation guide on the 'manage by stages' principle.
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