1. Flashcards
What is a project?
A temporary organisation that is created for the purpose of delivering one or more business products according to an agreed business case.
What is a cross functional project?
They involve a collection of people drawn from many different sets of skills, departments and organisations.
What are the four areas of project management?
- Plan
- Delegate
- Monitor
- Control
What are the six areas in which a project’s performance is measured?
- Budget
- Timescales
- Quality of the product
- Scope - how many products delivered
- Risk - uncertainty
- Benefits - value
What are the four integrated elements to Prince 2?
- Principles
- Themes
- Processes
- TAILORING to suit Project environment
What 3 C activities does a project manager do?
- changes
- cost management
- communication
What 3 Ps does a PM do?
- Product status
- Product v project needs
- planning
Excluding the 3 Ps and 3 Cs, what other activities should a PM do?
- line management
- quality
- user needs
- monitoring
- teamwork
- strategy
Does project management software manage projects?
No - they just aid project management. People manage projects.
Do you have to follow all the PRINCE2 principles for it to be a project?
Yes
What are the characteristics of a project?
- Change
- Temporary
- Cross functional
- Unique
- Uncertainty
These characteristics distinguish project work from BAU.
What is tailoring?
It is when you amend the Prince2 approach to suit the project type and environment.
What are the benefits of prince2?
It is an established, proven approach to managing projects, it can be tailored to meet the needs of an organisation and it provides a common project vocabulary that iAds communication about PM matters
What will a supplier do?
Provide the resources and skills to deliver the result.
Who makes the final decision on what tailoring to apply to the project?
Project board
