Which statement about applying the 'tailor to suit the project' principle is CORRECT?

The principle of 'tailor to suit the project' in PRINCE2® emphasizes that the methodology should be adapted to fit the project’s environment, size, complexity, and specific requirements, rather than applying it uniformly. This flexibility ensures that PRINCE2 can be tailored to any type of project, whether small or large, simple or complex, in any industry.References: PRINCE2® Foundation Manual