Which of the following is a principle of PRINCE2?
  1. Manage change
  2. Manage by stages
  3. Manage by tolerance
  4. Manage risk
Explanation
Answer: B - Manage by stages is a principle of PRINCE2. A project will be broken down into a minimum of two stages.

Key takeaway: A PRINCE2 project must contain at least an initiation stage and one other stage. This ensures that there is a suitable decision point at the end of the first stage where the business case can be assessed.
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