1.0 Introduction - SUMMARY Flashcards
What is a project?
A project is a temporary organization that is created for the purpose of delivering one or more business products according to an agreed Business Case.
What is project management?
Project Management is the planning, delegating, monitoring and control of all aspects of the project, and the motivation of those involved, to achieve the project objectives within the expected performance targets for time, cost, quality, scope, benefits and risks.
What are the 5 characteristics of project work that distinguish it from business as usual (BAU)?
Change Temporary Unique Uncertainty Cross-functional
What are the 6 aspects of project control?
Time Cost Quality Risk Benefits Scope
What are the 4 integrated elements of PRINCE2?
7 themes
7 principles
7 processes
project environment
What are the principles of PRINCE2?
Continued business justification Learn from experience Defined roles and responsibilities Manage by stages Manage by exception Focus on products Tailor to suit the project
What are the 7 PRINCE2 processes?
starting a project initiating a project directing a project controlling a stage managing a stage boundary managing product delivery closing a project
What are the 7 PRINCE2 themes?
Business case Organization Quality Plans Risk Change Progress
What does tailoring PRINCE2 mean?
Adopting a method or process to suit the situation in which it will be used